Don't count on Agristability

[fjlip]

Where do we find buyers for rail cars of CWRS wheat? Are cars through CGC, CWB or does the buyer do paper work?

[grower99]

I think the "farmer friendly" federal
government's Ag Stability program is
absolutely ridiculous. Who is it
helping? Surely not the farmers! With
public breeding and Ag Stability being
neutered and UPOV'91 on the horizon the
federal cutbacks to balance the
deficit(not the same as our debt) are no
longer just being felt in the eastern
part of Canada but are now in our
backyard. Farmers are being taken for
granted by the feds!

[hobbyfrmr]

FJlip, order rail cars through the CGC.
Rail companies cannot remove a rail car from a
siding until it is released, by you faxing the
release document to the CGC. If anything you will
bust your ass to load them in a timely manner, fax
the release and they will sit longer than you
expect. All those stories about rail cars being
pulled away partially full is all line company
folklore to discourage farmers from doing it
themselves.
You really should make a solid effort loading rail
cars. Don't screw around/farmer time.
2btrians fills a rail car. The load weight for each
car is painted on the side of the rail car. Have a
backup auger (neighbour) in case you break
down. With 2 semis and a 13 inch auger
generally speaking you can load 4-6 rail cars in
daylight. You need a big tractor chained (front
and back)to the rail cars to move them.
ALWAYS HAVE THE HAND BRAKES ON A RAIL
CAR, BRAKE ALL RAIL CARS AT NIGHT WHEN
LEAVING SIDING.
ALWAYS WEIGH AND DOCUMENT/PRINT
WEIGHTS OF GRAIN THAT GO INTO RAIL CAR.
ALWAYS USE ACCOUNTS RECEIVABLE
INSURANCE ON NEW BUYERS.

[ado089]

Everything is weighed, a
couple of us bought a set of
portable scales. Cars capacity
is printed on the side and if
I recall you can be over by
700kg, some lines going to the
states go over a scale they
will dump excess. Being under
will only hurt whoever is
paying the freight since
freight is by the car. Most
cars are 91 Mt with some jumbo
cars taking around 100mt. A
friend of mine is a grain
trader so he looks after most
of the logistics but he is an
organic trader so he expects
to make a lot of money on it,
but still far better than the
line companies. i get paid 80%
on net 30 and remainder at
unload. The worst part is you
never know when they will show
up. The cars I'm loading this
week we're orders for the end
of November. They are expected
to be loaded in 24hrs but 2 or
3 days is usually ok. They
don't charge demurage on
producer cars but if you dink
around too long it becomes
difficult to get them spotted
in the future. You can move
the auger instead of the cars
on heavier product and a
couple of the sidings I load
on don't have room to move the
cars such as Biggar CP where
I'm loading now.

[farmaholic]

Thank you guys.

[farmaholic]

Thank you guys.

[AllisWD45]

Regarding Assiniboia CPP land deal. I think this deal
was done because the time was right. I also believe
that they wanted to cash out and put the money into
their canola streaming company. That looks like the
future in input financing. Guys like Hudye did it for
years in their business as did some farm equipment
dealers on a smaller scale.
Full disclosure have no positions in either Assiniboine
or Input Capital Corp just sitting here digesting turkey
and rum and coke!

[bucket]

Cash out sounds great to eligible farmers but to sell to the government, well, something is rotten.

Investors were getting nervous and the wealthy have better connections to the tit.

If it was Potash it would be under review but farmland not a chance.

Closer to communism everyday.

[bucket]

Ok

Let's tie this together.

If the people at Assinibioa realized that agristability is not going to pay out for their renters, there is a pretty good chance they better dump the land they control.

They knew they couldn't go to their renters to buy because it would have quickly driven the price down leaving their investors with nothing but a capital loss. Their renters wouldn't pay the previous price that Assinibioa was aquiring the land at, a few years back, so they knew renters were not going to pay CPP prices. Especially considering current crop prices and no agristability payouts.

Their investors were getting nervous and started talking to their conservative friends. They quickly put a scheme together through the CPP. Much like they did with the duffy scandal.

And there you have it, all tied up in a neat little package.

A free conspiracy theory for today.

Just follow the people involved.

[farmaholic]

Bucket. I will reiterate. CPP is coming to the party
late. Corruption or incompetence? Not their
money so who cares (better be the tax payer)!!!!
Dots, probably can and will be connected if it is a
croney bail-out. Your examples of why the
investors are running with their tails between their
legs is legitimate.

[Nudge]

Doug Emsley Co-founder of Assiniboia Capital Corp
is on the board of directors of Bank of Canada.....

[dave4441]

HOw is this land purchase any different then CPP buying shares in a public company? Once again we are talking right wing and free enterprise and then acting left wing and protectionist when faced with competition from free markets in our own businesses!