FYI FarmLink's wheat pricing performance 07-09

[btjadenlepp]

People often ask me why I post here,
just to get my credibility called into
question and our company's name dragged
through the mud. Mainly it's a hopeless
addiction to jabbering about grain
markets, but every once in a while an
opportunity comes up to highlight the
value that comes from working with a
FarmLink Marketing Advisor.

Some clown named 'timm' said on an
earlier post that the PRO beat
FarmLink's advice on wheat in 09, and
asked me outright to state our
performance. So here it is (note some
clients may not have positions identical
to our official recommendations as we
tailor strategies to meet the specifics
needs of each operation):

In 2009 we advised a sale at $286.15 and
the pool ended up at $239 = a difference
of $47.19.

In 2007 our sales recommendations came
in $10/t above the final, in 2008
$23.43/t above the pool.

That, of course, was through "the
Producer Payment Options, a funny joke
we play on greedy producers who don't
want to participate in the pools."

I gotta go watch that thing again. Too
funny.

[bucket]

btj

Am I understanding you correctly, in that you used the PPO's from the cwb and beat the pools?

Good for you and your company.

The board supporters should start to take notice.

Just imagine what you and others could do without the board.

What really makes me wonder is why someone should have to pay another marketing agency (farmlink)to market through another marketing agency (CWB) that is already being paid for by western farmers? Don't take it the wrong way, it just seems like a doubling of services fees. Although yours may be a better value.

[btjadenlepp]

It's not a small number of clients whose
primary reason for hiring us is for help
with CWB programs.

[bucket]

Right. But why do you need to figure out the cwb marketing programs for farmers?

In an open market could you not offer better advice for your clients?

[timm]

Are you saying your 2009 average sales for HRSW was
286.15 ? I don't think so.Again i ask what % have you
advised selling for 2010 ?? Most producers in our area
using PPOs did better than the pool in 07, 08 but
worse last year(sold too late) and looking like we sold
too much too soon this year .The board is only 35-
40% sold !!

[vvalk]

timm whats your point? you like being told how much and when you can deliver grain. getting less then $2 up front for what ever portion of your grain you are allowed to deliver. Not knowing how much you will get for it and when you do you wait 16 months for it.
What are the costs of carrying durum for 2 years and having most of it sold in the feed market. Building bins.
Selling cash grains to early to pay for bills.

ETC ETC ETC ETC.
now you want to argue over $10 a tonne on selling price.

[vvalk]

not sure selling 1/12 every month takes 400 people and a single desked enforced by threat of jail.
Timm enlighten me on what I am missing.

[btjadenlepp]

We employ about 30, work with
just over a million acres. On top of CWB
pricing options, we also analyze, advise
and execute on 14 other crops, not
including sub-groups.

[timm]

The 2009 last pro was 239 ,final was actually 223 for 1 13.5 hrsw .what was your average?or do u no ?

[Burbert]

WE'VE NEVER HEARD OF YOUS BEFORE NOW1 What the heck are you, another clipboard group of marketeers, praying on desenters? Where kin we git mor info?