$8 Bu for #1 Durum

[Jagfarms]

I see on Johnstons Daily email today there is $8 bu offers for #1 Durum

I see the price spreads are getting bigger for Durum now. Last couple of years there was hardly any difference in price from 1 to feed.

Now #1 is $7 + and #3 is $5.90

Was planning on hauling quite a bit of durum
Off the combine but thinking now might pay to hold on to it for a while

[Guest]

Yea all kinda problems when harvest happy hour didnt get here in time , lol
$3 oats , $10 canola , $.30 canary , etc.
What a ****ing game

[Ache4Acres]

Hopefully the price grows faster than the sprouts in our standing durum. Another 1” of rain now starting Thursday.

[bucket]

Sadly it is not showing up where the cheques are always good....

[hobbyfrmr]

Sadly it is not showing up where the cheques are always good....

What do you do about it? Ask them if they are licensed and bonded through the Canadian grain commission?

Then, just deliver it and hope they pay you?

[bucket]

What do you do about it? Ask them if they are licensed and bonded through the Canadian grain commission?

Then, just deliver it and hope they pay you?

Why would it matter if they were bonded by the CGC....that's no guarantee. ...Viterra sent out a letter about their ILTA purchase but grain settlements for previous owners remain with ILTA. So while the lenders get some money ...farmers are left with SFA....

[dave4441]

Why would it matter if they were bonded by the CGC....that's no guarantee. ...Viterra sent out a letter about their ILTA purchase but grain settlements for previous owners remain with ILTA. So while the lenders get some money ...farmers are left with SFA....

Farmers at least will receive 90%. Lenders maybe 50% and i think that is on the high side.

[bucket]

Farmers at least will receive 90%. Lenders maybe 50% and i think that is on the high side.

Sure and who's money is going to pay that 90%....

CGC is still auditing the bond FFS....