CWB costing me $$$'s again

[Fransisco]

Well I just cleaned up the last 100t of my winter wheat from last year.

These were my options

1/Sell it for non-board feed and get cash now.

2/Stick it in the pool and wait, take an epo,or deliver it into next years fixed price contract and wait.

Here's the thing, I needed the cash to help cover spring costs and offset my livestock losses so I really only had one option.

After beating the bushes to find the best non-board cash price I found $7.80CAD a bushel. Pretty good right? It's pretty much in line with the PRO and fixed price contract but I get the money now.

So what's my beef?

In Bottineau ND they are getting $9 USD

http://bottineaufarmers.com/index.cfm?show=11&mid=6&theLocation=1&cmid=19&layo ut=1

In Berthold ND they are getting $10 USD.

http://www.bertholdfarmers.com/

So on that 100t or 3674 bu I am out $2.20 a bu if I don't bother to factor in the FX or roughly <b>$8000.</b>

The CWB iron curtain strikes again.

[Fransisco]

Now here's a question for all you agri-villers.

A/Should I buy it back on paper?

B/Should I sell it again on paper(go short)?

C/ Just be happy with what I got instead of risking my money in the futures market

[parsley]

Sell it for common seed

[per]

Send the CWB a bill for the difference. Make a full explanation and CC to Ritz and anyone else that might care. Include the freight difference between where you sold it and the US destination.

[Fransisco]

If the CWB were voluntary the price would come to me I wouldn't have to truck it to North Dakota.

[rockhound]

Fran your right. the price would transfer from USA to here in minutes and within pennies of one another in a similiar location to port.

[Fransisco]

When its real grain, real prices, in real time. The CWB comes up short again, again and again.

There is no premium folks. Stop listening to the board propaganda and start checking prices. I'm not the only one whose getting hosed.

[cchurch]

Yeah I'm sure the Americans would be real thrilled if all of a sudden all us Canucks started bringing b-trains across the boarder and flooding the U.S. elevators.

Can anyone say countervail?

[Fransisco]

I'm still waiting for that countervail on oat's. How many decades has been again?

[parsley]

cchurch,

The Americans seem to embrace load after load of EMFA feed hauled INTO THE USA

day after day, year after year.....

Lest we forget.....

Parsley

(It's the feed wheat and barley the CWB doesn't want to market, and doesn't want to pool, remember? The multinationals seem keen to buy from the farmer and the Americans are keen to buy from the feedmills. The only reluctant player is the CWB...do you suppose buyagra would keen up the Wheat Board?

[Fransisco]

Still waiting for that on Canola as well.

http://www.canola-council.org/facts_export.aspx

[chaffmeister]

cchurch:

You're not paying attention.

Fran said "If the CWB were voluntary the price would come to me I wouldn't have to truck it to North Dakota."

Name one commodity that the Americans countervail. Oh yeah - wheat, you say? What makes wheat different than all the other commodities we sell down there?

The CWB.

It's the CWB that the Americans don't like. Take a look at every challenge they've thrown up - each and every one is aimed squarely at the CWB.

Like Fran said - stop listening to the CWB propaganda machine and start doing your own homework.