People want premiums for protein... until the year protein is in the crapper. Then all of a sudden it’s a way the companies are hosing farmers.
Which is why I laugh when people bring up wanting premiums for oil in canola. When that happens it’ll be déjà vu all over again!
Everyone, even the grain cos, were assuming the low moisture year would translate to a higher protein year. It didn’t for a lot of people. But they start working on sales before the harvest comes off so if they have sales for #2CWRS 13.5 px and most wheat is under 13 px, it’s not going to matter a flying **** if it’s a 1Red or not. The buyers want the protein more than the grade.
Next time you deliver to the terminal ask them how many different protein segregation’s they’ve got going on per grade.
Ergot, high moisture, even fusarium... those are degrading factors that can be manipulated easier than protein. The terminals aren’t willing to risk bringing in thousands of tonnes of low protein hoping they can find enough high protein to blend it up to the specs they’ve sold at. They’re businesses, not charities, some here seem to expect them to be the latter more than the former.
Which is why I laugh when people bring up wanting premiums for oil in canola. When that happens it’ll be déjà vu all over again!
Everyone, even the grain cos, were assuming the low moisture year would translate to a higher protein year. It didn’t for a lot of people. But they start working on sales before the harvest comes off so if they have sales for #2CWRS 13.5 px and most wheat is under 13 px, it’s not going to matter a flying **** if it’s a 1Red or not. The buyers want the protein more than the grade.
Next time you deliver to the terminal ask them how many different protein segregation’s they’ve got going on per grade.
Ergot, high moisture, even fusarium... those are degrading factors that can be manipulated easier than protein. The terminals aren’t willing to risk bringing in thousands of tonnes of low protein hoping they can find enough high protein to blend it up to the specs they’ve sold at. They’re businesses, not charities, some here seem to expect them to be the latter more than the former.
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