CWB 'Grain Waves'

[bucket]

Nope mustardman, wrong again. I grow durum. And I remember that big price year. The cwb didn't accept 100 percent that year either. They forced farmers to sell into lower priced crop years.

You must work for the cwb, because they couldn't understand the math back then either.

I will try again. If the cwb only accepts 40 percent of the durum at 12 bucks and sends 60 percent into the next crop year and you only recieve 8 the next year at an 80 percent acceptance and then finally takes 100 percent at 7 bucks. What is the final return on the durum you physically grew in the 12 dollar year? Lets leave the storage costs out to make it easier to figure out. You can play with the percentages but I think you might get the jest of it. Maybe.

I can guarantee you, you did not recieve 12.37 a bushel for the durum you grew that year.

All I can say is, **** are you stupid, along with every peeon I talked to at the cwb that couldn't understand the law of diminishing returns.

[farmaholic]

bucket: ever think of a name change, maybe ****et.

[bucket]

I must apologize for my rudeness and swearing. No need for that. My apologies mustardman.

It just makes my blood boil when I think back to holding durum because a contract/call system. When I finally delivered my durum it was over 20 bucks a bushel and I couldn't haul what I was forced to store to a market that was obviously begging for it at those high prices.

[bucket]

farmaholic

Yes, well, as a matter of fact since I am using a nickname from my younger days, I have heard that many a times. Not quite in these terms related to my swearing but, how you say, my extra curricular activities.

Its all good, my blood pressure is down. The open market is here. Serenity now. Serenity now.

[farmaholic]

Bucket: get any MVP awards for your extra curricular activities?? Go hard,(no pun intented).

Now I have to apologize, sorry.

[ajl]

First of all I am happy with the new wheat
marketing changes. However, in the
interest of accuracy: the $12 durum year
did have 100% acceptance. That was 07-08.
The following year 08-09 had 80%
acceptance and an $8 durum price. 09-10
was the 52% acceptance year with a $4
price. 10-11 was finally a year with 100%
acceptance and a $6 price. Do I have any
factual errors?

[bucket]

ajl

You are probably right. We got good money for our durum one year, just seems that it didn't all get accepted. I guess it was the next year.

Once again I apologize for the inacuracy and rudeness to mustardman.

He and you are probably right.

[blackpowder]

Forgive me, but I have posted this next in the past before. As recently as a week ago.
It seems to effectively kill an entire thread instantly as the people preferential to Kool Aid don't answer the questions.




You are saying that it fails now only because of govt. management..
Are you saying the ag ministry is forcing it to pool only. Forcing it to have meaningless basis? Did they not have the resources to buy a tonne in July for Nov delivery?
What does the govt do? There are a number of brokers trading physical grain that had far less resources. Why do their programs still resemble the past gibberish??
AND when, ever, was the CWB; of the farmer, by the farmer, for the farmer??

WELL?????

[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.