CWB Not in the Game!

[SASKFARMER3]

I know this is old news but latest price spikes in USA are HRS wheat.

Dropped in the pit.
BOTTINEAU FARMERS ELEVATOR
Spring Wheat 14% Jun 30, 08 10.39 vs latest DPC from CWB
1 CWRS 14.1 farm gate 325.59 8.86 that's a difference of $1.53 a bushel or on my DPC around $40,000.00 that's the difference in price so again we should be getting one price but their stealing it for the Pool.

[SASKFARMER3]

(MGE) Prev Close Last Chg
MW8U 9676 9926 9926 250

Location Bowbells
Commodity Spring Wheat
Price 10.14
Delivery Between Jun 1, 08 and Jun 30, 08
Basis MW8U 0.21
Last Modified 3:20 PM on 6/25/08

Now thats a US elevator bid price Volume and Protien extra.
Hm isnt that what the DPC was based on.

[SASKFARMER3]

Wheat Rises for Third Day as Dry Weather Forecast for Australia Crop Areas Wheat climbed for a third day on speculation that demand for U.S. grain may increase after dry weather was forecast for parts of Australia and as near-record corn prices prompt importers to seek cheaper alternatives

[silverback]

Now, now SF3, you should know better than to expect the marketing dep't to do better than that!

It's almost July and vacation season is upon us. Sell that grain no matter what the price or the outlook.

Just get rid of it somewhere.

Then get to the lake.

[SASKFARMER3]

I don't know Why I keep hopping deep down in my soul that they actually know what the heck they are doing and are getting farmers the best return that's out their.

[SASKFARMER3]

But then again I wake up after hitting my head on auger and realize that their just like a bunch of overpaid civil servants who only care about themselves and when their next holiday is coming and on what day they will retire.

[bucket]

Here, let's make your blood boil.

What do you think your crop will be this year - average, above average, below average?

Cwb said in their last report a bumper crop is on the way.

Not one hope in hell this will be an average crop. My expection is 10% below averge IF the weather co-operates. Its downhill from this point without weather.

SO the cwb is selling based on an above average crop just like last year and we are going to pay dearly for their incompetence. If you think losing 1.50 is lots - wait till its 5 per bushel. And it will be.

Harvest is started in the states and we are not seeing the downturn in prices - why? Well Kansas wheat quality is going down and the crop is not a bumper. Like the experts said "one hiccup in production and the price will rally". Two hiccups are in place already.

If I was working at the cwb I wouldn't be selling a kernal of grain right now. But they are and patting themselves on the back all the way to their long weekend.

INCOMPETENT!!!!