CWB 'Grain Waves'

[TOM4CWB]

Blackpowder,

You nailed it.

Ian White must be getting too mellow in his old age... I wonder if you asked him to sell the CWB grain... if he grew it like we do... If Ian wouldn't tell the CWB to take a long walk off a short dock himself.

I really doubt it is reflective of actual sales of wheat in western Canada.

We had a good presentation at the Western CDN Wht Growers last night.

Jim Beusekom talked about pricing strategies, marketing changes; including use of futures and options. They are trading mostly feed barley, also milling wheat, corn, corn ddg's, etc. Both importing and export to the United States.

The barley market has radically changed... especially feed. Best movement was Aug/Sept before the corn crop harvest.

Milling Wheat has flowed south from Alberta into the US.

'Market Place Commodities' of Lethbridge looks like a great contact.

Thanks to John Deere for sponsoring supper!


Perhaps the CWB just can't keep track of all the domestic/US movement since it does not now need to be graded by the CGC.

Interesting times!

Cheers!

[bucket]

If gordie is so worried about congestion maybe he should get out of the way.


He should learn from 60 years of creating congestion and come up with a program and price that pays for delivery off the combine.

Now he starts talking about the problems with delivering during the winter, with the railways thru the mountains etc. He must of been watching ice road truckers, and highway thru hell on discovery and actually figured something out.

What an incompetent fool. And that's the guy that has been representing the cwb for years.

[vvalk]

Mustardman. You got over $12 at port but not at
your delivery point. Durum in the US got has high
as $20 that year and the following year US
farmers were able to price lots over $10. What
was your durum price the following year here.
Maybe $7 You can cherry pick parts of one year
to find the best price but really give it a rest. Your
grasping for straws now

[highwayman]

Actually for the 07/08 crop year I believe we did
receive over $12 for #1 13 protein at the farm gate
through the board but they also cost us the
opportunity to price it at substantially higher
levels. Run up in durum was caused by the same
run up in wheat that particular year and had
nothing to do with cwb marketing prowess.
Minneapolis wheat ran to 900/tonne because
some one (cwb) got caught offside in a long
position.

[TOM4CWB]

Highwayman,

Like the CWb trading losses... that scooped 07-08 money and gave to to the pools... from so many crop years (contingency funds spent and borrowed) from our basis... to pay this money back.

The CWB claims this was owed by non-pooled grains.... which is false. The 07-08 risk management was all run together...

If new managers and staff were in place... A forensic audit would reveal interesting transactions.

Cheers!

[mustardman]

vvalk
#1 cwad 13 protien $12.37 in my pocket.

Its funny how people forget.
My neighbours were telling me they sold their durum the otherday for 8.42 and That Was the highest in their farming career. They are both in their 50's ,so I asked if this was their first year farming or is dimentia creeping in. lol