Morning Text from P&H

[justme18]

Tisdale P &H morning prices- Nov 14th:
-low FN program full for Jan. Will start triggering Feb soon so get your targets in. Very popular program.

**Low FN CWRS wheat**
Feb-5.25 targets
Fills quick so get target in.

Oats:
Dec-3.25

Feed barley:
Nov/dec-3.50

Canola:
Jan-9.68- triggering 9.75
Feb-9.84- try for 10.00
Mar-9.91
Apr-10.20

2cwrs 13.5:
Dec-5.94
Jan-6.00
Feb-6.00
Mar-6.06
Apr-6.20

Very popular program?
Get your targets in? Hahaha

SO just curious if one had low falling number and the someone offered you an out at a any value higher than fd why wouldn't you take it? WHat other options are there right now? IF we had the wheat board still what would be the price on this stuff?

[Guest]

i guess its just a little disheartening and hard to stomach when your samples come back a #2 and over 300 FN from grain commission , maybe ?????

[justme18]

i guess its just a little disheartening and hard to stomach when your samples come back a #2 and over 300 FN from grain commission , maybe ?????

So then you really dont have anything to worry about as last i heard as long as your over 290 your fine.

[farmaholic]

So then you really dont have anything to worry about as last i heard as long as your over 290 your fine.

Ask him what the Grainco is offering him.

Personally, so far I have been having not terrible results with samples and marketing. I think I know what I have, There is only a very small amount of my production that would fall into a grey area, but sample results are in my favor..... CGC and most GrainCos. Now if we could just get a decent price for high quality.

My feed wheat IS feed wheat. And good quality is good quality.

[bucket]

Ask him what the Grainco is offering him.

Personally, so far I have been having not terrible results with samples and marketing. I think I know what I have, There is only a very small amount of my production that would fall into a grey area, but sample results are in my favor..... CGC and most GrainCos. Now if we could just get a decent price for high quality.

My feed wheat IS feed wheat. And good quality is good quality.

I have good grain its just a matter of getting someone to buy the moisture....and getting it combined....

[farmaholic]

That's standard fare for a feed wheat contract. Nearly every one that i've signed *in my short farming career* has a standard 1% shrink based into the price... No feedlot that I've been to aside from Lakeside Feeders in Brooks takes dockage, so they just tell you we'll only pay for 99% of what you deliver and not waste the time figuring dockage.

The one that pissed me off was when i sold to a broker based out of the lower mainland and the 1% shrink was again part of the standard contract, but then it went to JBS Lakeside and they have the tenacity to pan your sample and deduct dockage... CBC tried to take the shrink and then also take the dockage. Bitched and moaned till they paid me back for the dockage. Not my fault they didn't do their homework!

So I checked, no where in the contract does it state 1% shrink will be deducted.

Only says, "Trade Rules To Govern: Canadian Grain Commission"

Can they do what they want if it isn't a licensed primary delivery point?

On Shrinkage CGC says, The maximum shrinkage allowance that may be made on the delivery of grain is zero.

So seven loads at about $75/load is $525. Who is actually charging this, the broker or feedmill?


PLEASE NOTE: WE ARE CONTINUALLY FIGHTING SMALL BATTLES THAT PREVENTS US FROM EVER WINNING THE WAR .......think about that for a "second"!

[Radical]

Oh my goodness, I’m on the wrong site, not even gonna try explaining anything. 🍻🍻🍻🍻🍻🍻🍻🍻🍻🍻🍻🍻🠍»ðŸ»

[helmsdale]

So I checked, no where in the contract does it state 1% shrink will be deducted.

Only says, "Trade Rules To Govern: Canadian Grain Commission"

Can they do what they want if it isn't a licensed primary delivery point?

On Shrinkage CGC says, The maximum shrinkage allowance that may be made on the delivery of grain is zero.

So seven loads at about $75/load is $525. Who is actually charging this, the broker or feedmill?


PLEASE NOTE: WE ARE CONTINUALLY FIGHTING SMALL BATTLES THAT PREVENTS US FROM EVER WINNING THE WAR .......think about that for a "second"!

If (a) the broker bought it from you, and then sold it to someone else, and (b), their contact with you didn't specify deductions I'd say you have a leg to stand on as far as arguing eith them goes.

As far as CGC is concerned, I do believe they only regulate primary elevators, and "brokers" are for all intents and purposes operating in the wild west...

[farmaholic]

Oh my goodness, I’m on the wrong site, not even gonna try explaining anything. 🍻🍻🍻🍻🍻🍻🍻🍻🍻🍻🍻🍻🠍»ðŸ»

I'm real happy for you if you were able to fulfill your contract obligations without any penalties!.....and maybe a pittance of a premium if you were able to exceed the specs. Good job and probably some luck involved.

I admire your willingness to take that risk, I'm not willing to. I respect you for your decision, hope you can respect me for mine.

And respectively.....stay and explain your position.

The more opinions and view points the better. I think I have an open mind!

[MBgrower]

I'd never agree to pay shrinkage on dry product. Any reputable buyer should be able to calculate transport /handling lossess and factor that cost into their bids.