ABC Rural News

[agstar77]

www.abc.net.au/rural/ Grain prices hit by financial turmoil. Pay close attention to the last part of the article about payment for grain sales.

[Fransisco]

You mean the last sentence were it says,"There are no gauarantees with any company..."

Empahsis being on <b>"ANY'</b>

[TOM4CWB]

agstar77;

What happens when the CWB has a problem with payment?

1. They charge $75/t for an EPO of 100%

2. THe CWB widens the basis an extra $40-60/t on FPC... to make sure they won't have a problem;

3. The CWB ends the DPC... and gives 'flexpro'... which is simply the lowest price they could project... last night that was under $200/t for a 1CWRS 13.5 in the "designated area".

WHAT A DEAL.

Ontario growers are being offered over $220/t for a #3CWRS 12px...

Montana Growers are being offered $306/t... over $100/t more... for the same #1CWRS 13.5 (Oct 6/08 AGC Report)

WOW agstar77... ARE WE GETTING a deal!

I will now... turn to the EAST... bow three times... and thank 423 main street for saving my farm!

NOT!

Aussie growers DO have options that DO assure payment... and Mallee has talked about the options.

DO you honestly think Cargill is going to 'walk' on my pre-priced Canola... that I did in July/08 Agstar77?

Cargill has paid out all the feed wheat contracts done over the last 2 months... Astar77... the money is ALL in the bank... and went to pay bills.

NO QUOTA... cash on the driveway.

More than I can say for the CWB on FPC with my extra $100/t discount!.

[agstar77]

And T4 what would you do if they asked you to take a cut?

[TOM4CWB]

agstar77;

A CUT OF WHAT?

NON-BOARD grains?... the CWB already depresses all our prices... obviously the $100/t less on milling grades goes far to depressing all grain prices far lower than what they otherwise would be.

You must be rolling in the cash agstar77... in cash that didn't come from a grain farm... if you don';t get it.

Have a nice day...