Post CWB

[Westside]

Real time example
Contracted and sold 150,000 bushels of No.1-13% protien durum @$8.50 per bushel= $1,275,000.00
Price and Protien guaranteed Nov-Dec delivery.
CWB Harvest Pool
No.1-13%protien PRO $9.69 in store Vancouver or St. Lawrence. Deduct average freight and handling using CWB website for Sask. $1.61 per bushel. No price or protien guarantee.$8.06 net x 150,000 bushels= $1,209,00.00 total payments including interm and final. Of course the PRO is not guaranteed and any other payments do not have a scheduled payment date. The difference is $66,000.00
Cash flow Difference
Open market fully paid upon contract being filled.
CWB only initial paid upon delivery
CWB initial $7.03 per bushel. Deduct freight and handling $1.61= $5.42 net price
Cash flow
CWB cash flow total
Initial price $7.03 deduct again average freight and handling $1.61= $5.42 per bushel X 150,000 bushels= $813,000.00
Cash flow difference= $462,000.00

Our farm is going open market.

[parsley]

One farm.
462K in your pocket if you choose to get it. Easy
money That's what one choice provides.

And that is why so many socialists/ communists
fought so hard to prevent you from being able to
make that choice. Now they have to hustle
someone else.
Prob no CBC/CWB Grey Cup party on you guys
at 423 Main this year, I'll bet.

Have a beer for me, Westside. Pars

[SASKFARMER3]

West side good description, we have seen the
same thing, cash in my pocket, not wait and share
and wait some more.

[$short]

Has anyone even signed up a CWB contract? I
have yet to hear someone actually admit to doing
so.

[mustardman]

3 0r 4 years ago under similar durum stock scenario we saw $10 in our pocket .
With 10,000 sellers the Cash price will never get close to that.

Viterra, Richarsdson,Cargill etc are loving this Cash durum market. NO transparency,no accountability, 10 cent protein spread, no lets deduct 30 cents

Ritz' version of the cwb is like castrating your bull and turning it out with the cows. It still looks like a bull and walks like a bull, but don't expect any calves in the spring.

[SASKFARMER3]

Wow mouseturd you just dont get it do
you.
Lots and lots of high protien wheat and
durum no need for premium.
The CWB would have pre sold all your
durum to the special players before hand
and we would have ended up with 5 or
less.
Then the grading system where very
little 1 rest three to 5.
Simply farmers shot the bull you put out
to pasture made bologna out of him and
got a young buck in to do his job. and
wow is he doing his job.

[bucket]

$short

Even most of the pro cwb ex directors are not using the CWB.

[bucket]

mustard

3 or 4 years ago we should have seen 15 bucks in our pocket.

But for the likes of ****head Rod Flaman and his wealth distribution plan we never did.

Can someone bring up that post on durum from Vader from a few years back.

Its worth posting occasionally so farmers never make the same mistake of bringing the cwb monopoly back.

[SASKFARMER3]

The one where flaman said I wouldn't get my
money to buy extra farm land. It makes every one
equal. I should launch a law suit for lost
investment. That 50000 quarter is now worth 250
to 350 thousand.

[HappyFarmer]

Are you kidding me mustardman???
Who had accountability and transparency @ the CWB??????? But its ok the CWB has cost Canadain farmers billions while power. Give me a f-in break!!!!!
You guys are such die hards you will can't even accept the benefits the open market has provided.
The cash flow discussion is a good one above. Let not forget how the open wheat market has affected our other commodity prices as well.

[mustardman]

Wow suckfarmer you just don't get it.
Yes there is lots of protein out there so then why the BIG protein discounts from cargill and viterra versus other buyers.

[bucket]

SF3

Thats the one.

Flaman is/was using his conventional farm to fill his organic contracts as well. No mention of that in his rants over the years. I can't prove it, but neither can he, because there isn't a test available to detect sprays used on crop at the two or three leaf stage that has that much residual. Just a piece of paper.