Bet on the CWB

[farmaholic]

Thank you 101.....still highest numbers after 2012. Production may have helped too. I wasn't expecting that...or did you just make that data up, lol. I would think deferreds would be pretty steady or at least relative year by year.



BP, in Sask we're supposed to call the controlled burn hotline when we want to burn something, did you phone that burn in?

[Integrity_Farmer]

Ahhh the three stooges....

Moe ended up leading the Sask party. Are you Curly or Larry perhaps?

[CptnObvious]

blackpowder, firstly learn how to spell and to string a coherent sentence together, and secondly exactly what is it that you think I lied about?

[farming101]

These costs were during the CWB years You will note that the trend is up. It is from the Grain Commission report. Thanks for looking

[farming101]

Dr. Gray's report is not based on actual sales.

[Integrity_Farmer]

With respect to protein premiums In the 2011-- 2012 crop year with the CWB we received up to $3.44 a bushel Premium for protein comparing 1 RS 11.5 Protein to 1 RS 15.5 Protein.

http://www.cwbafacts.ca/wp-content/uploads/2015/10/2015-Election-Facts-Harper-Hides.pdf

[CptnObvious]

Gray's report is based on sales reported to AAFC( weekly price summary), StatsCan( average farm price and detailed farm reporting tables), NWTerminal reported cash sales, US Wheat associates weekly price report, and USDA basis report. This is not Fox News, it's the real stuff.

[farming101]

AAFC "Indicator Price" is only useful for establishing trends(No longer published as of June 2015)

From the AAFC website: "The 'indicator prices' represent a sample of FOB asking prices for export and may not be reflective of actual selling prices."

http://www.agr.gc.ca/eng/industry-markets-and-trade/market-information-by-sector/crops/weekly-price-summary-last-updated-june-2015/?id=1378745200250 http://www.agr.gc.ca/eng/industry-markets-and-trade/market-information-by-sector/crops/weekly-price-summary-last-updated-june-2015/?id=1378745200250

[jamesb]

jamesb, you guys choose to forget all the pricing options under the CWB. We could do all the same stuff then, the difference is now we get a smaller percentage of the port price.
If you can sell all your wheat before Christmas you must be selling at less than street price or you have a thing going on with your elevator agent. I was still trying to clear November contracts on Feb. 1.

The CWB buy backs were a joke. If you could find a marketing opportunity you had to work quick as the buy back was usually raised to a level that it didn't make sense.
New crop wheat this was sold anywhere from $6.75 to $9.00. The $9.00 stuff being sold back in the summer on the price run up. Protein spreads vary greatly from plant to plant. Most of our wheat is shipped now. I love it that i don't have wait for a quota to open up. Ceres Global was shipping 100 car trains into the US on a regular basis. They ship directly on a BNSF railroad. The elevators we sold to on the CP were slower. Our malt went on a CN line and it moved very slow. The plant missed trains for weeks.
Your comment regarding "elevator agent". No we didnt get any thing special at the terminal but i find that in the post CWB world , shopping the wheat around, and having a good relationship with the customer service agents is very important. Good communication is of the upmost importance. It used to be that our local Sask wheat pool elevator 10 miles away was as far as we dared go. The Weyburn Inland terminal was a revelation for many when it opened as to the opportunity to gain grades and profit from what the local elevators offered. Where once we had that one or maybe two elevators we would sell to , now we sell to many depending on our grains quality and what each elevator is looking work. There is a huge bonus to be made shopping around. Pretty easy to figure out what a super B burns in fuel per mile and do the math.
I'm truly happy that my 19 year old son who is starting out farming has no memory of the CWB. One day I will have to dig out an old permit book and show him. I kept one and burnt the rest.

[Guest]

blackpowder, firstly learn how to spell and to string a coherent sentence together, and secondly exactly what is it that you think I lied about?

If you are losing argument (one which doesn't even warrant arguing about anymore) , attack the person . As taught at leftist school . FM