The myth of the Canadian open market....

[bucket]

....ended yesterday when the ICE delisted the wheat durum and barley contracts....

The friday family tea might bring out that 100 year old bottle of scotch to celebrate tonite. ....

[sumdumguy]

Translation please.

[farmaholic]

Pretty easy to understand.


Besides we try not to keep things around that aren't used either.

They say no liquidity....

[Kinger]

Ask any elevator if they used durum futures.

Answer is no. It's too thinly traded to be able to make a trade on it.

It sucks and I wish it was still up but more heavily traded. But I also see why it was de-listed.

[bucket]

It takes an industry as a whole to make those futures successful. ...graincos, farmers, endusers and fund and speculators have to buy into it.....

No one bought into using them....which tells me the Canadian trade is between buyers and sellers....or tendered grain sales. ...price is determined ....

The whole issue is sad because the Canadian industry could have been marketed as a premium product....for durum and wheat but now it just competes with black Sea prices and quality....

[danny W1M]

Taking a position on something so thinly traded, is asking to be hung out to dry.

No one took a position because it was so thinly traded, so thinly traded because no one wanted to take a position.

Just like the infinity symbol.

[Bowerpower]

It takes an industry as a whole to make those futures successful. ...graincos, farmers, endusers and fund and speculators have to buy into it.....

No one bought into using them....which tells me the Canadian trade is between buyers and sellers....or tendered grain sales. ...price is determined ....

The whole issue is sad because the Canadian industry could have been marketed as a premium product....for durum and wheat but now it just competes with black Sea prices and quality....

Premium product? That would be a nice thought. Most countries will buy whatever they can get cheapest. There are a few markets but we both know primary producer won't get that premium. Produce more for less. Only way to survive..... nobody gives a shit where the product comes from.... we are not special in Canada....

[Klause]

It takes an industry as a whole to make those futures successful. ...graincos, farmers, endusers and fund and speculators have to buy into it.....

No one bought into using them....which tells me the Canadian trade is between buyers and sellers....or tendered grain sales. ...price is determined ....

The whole issue is sad because the Canadian industry could have been marketed as a premium product....for durum and wheat but now it just competes with black Sea prices and quality....

A premium product that's full of fuz and sprayed with glyphosate preharvest? LOL.


Was in a net meeting this morning. With the EU gly ban... Importers like italy are getting ready to test for and reject cargoes of wheat where glyphosate residue is detected.

[dave4441]

A premium product that's full of fuz and sprayed with glyphosate preharvest? LOL.


Was in a net meeting this morning. With the EU gly ban... Importers like italy are getting ready to test for and reject cargoes of wheat where glyphosate residue is detected.

This is a big issue. I tried to ship some glyphosate free lentils for Turkey (and therefore Europe). Found large green lentils sprayed with Reglone that i know grower well. It came back positive for glyphosate and it was not sprayed. Trace levels in the environment.

[sumdumguy]

This is a big issue. I tried to ship some glyphosate free lentils for Turkey (and therefore Europe). Found large green lentils sprayed with Reglone that i know grower well. It came back positive for glyphosate and it was not sprayed. Trace levels in the environment.

Organic guys who have never used an ounce of glypho ever have samples that come back with residue. Could be the tests are flawed.

[samhill]

Residue

Step into my parlour, said the spider to the fly.
I guess samples are properly prepared and the labs are trustworthy.
Glyphosate in the atmosphere? Is there a possibility?

[the big wheel]

It's in the soil the soil erodes wind and water.
Guys spraying in 30 mile winds.
There is no true organic just less toxic unless you are in a secluded surrounded by trees area.

[wmoebis]

Have no doubt MRL's will be tightened. Question is since producers sign affidavits and are liable based on the sample the elev takes and retains are you comfortable that there will be no Xcontamination leaving you are high risk for liability?

Are samplers monotored and flushed between loads? Are your samples retained in a secure place in thoroughly cleaned containers?

Questons that need asking.

[MBgrower]

A premium product that's full of fuz and sprayed with glyphosate preharvest? LOL.


Was in a net meeting this morning. With the EU gly ban... Importers like italy are getting ready to test for and reject cargoes of wheat where glyphosate residue is detected.

not to mention wheat of other classes mixed in at export terminals. by the time it gets on a ship, the quality is probably no better than fsu/Russian wheat

[dave4441]

Organic guys who have never used an ounce of glypho ever have samples that come back with residue. Could be the tests are flawed.

Could be, I haven't spent enough time worrying about it. But I think they can test at detect at such a low level that impossible not to find it.

Learned this shipping to meet specs on Mexican canary shipments. We have to be at a level that is purer then pure gold. You can do it but it takes alot of work.