Originally posted by WiltonRanch
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Irony here is for all it's been desperate dry all summer and continues to be so we are having a heck of a time trying to dry down greenfeed. Been down a week and it's still not ready. Currently 16C and 64% humidity.
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I’ve said it before and I believe that the problem is that there are too many that just take the price that’s out there because they are on the treadmill and need to make a shit ton of payments. The big companies know this and they just pick off the low hanging fruit this time of year. I know guys moving wheat right now because they don’t have enuf bins for canola. Just floods the market and keeps the price stagnant. Companies just pickup cheaper easier grain at this time of year. Until the guys that just dump grain out of necessity figure out how bad they are getting hosed and in turn hosing those of us that try to market in a more orderly schedule the price will stay flat. No different than the premiums that companies put out. If no one would bite on those “deals†we would have true price discovery. Once the limited tons are filled the premium goes off and the train fills til the next “dealâ€.
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Oh so true FarmJunkie. You got to wonder, GrainCo sales must be made without them actually owning the product...got to wonder what happens when they can't profitably source it...buy some from other GrainCos at the port they share? I bet there's more horse trading than we can imagine.
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Originally posted by furrowtickler View PostThat’s exactly the the point . Something simply does not add up at all .
The fact we re getting hosed. the problem is that we have no one standing up and demanding open transparency on what prices are paid and what they are getting for that same grain. They are supposed to be working on handling and cleaning not buying at the lowest price possible. But you can spin your political rhetoric all you want the fact is the people
We elect here have never earned their votes we ve been sold out so many times and it's getting worse. The wheat board gone without any controls put in place was a hr at example of lost power to us farmers. Not that the wheat board was doing a great job but it was someone else at least having a say in a lot of things going on.
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