Wheat

[malleefarmer]

Freight is definitely a mid-point Saskatchewan disadvantage.

Thats why your land is so cheap 😉

Can you convert to on farm price for me for say 11% protien standard milling wheat.

And how much more of a rise your afterunless that’s classified secret mens business

[farmaholic]

Port price indicators, but freight and elevator basis need to come off of those quotes.

Terminal driveway prices near the Ghetto struggle to reach $6.50.

[farmaholic]

Thats why your land is so cheap 😉

Can you convert to on farm price for me for say 11% protien standard milling wheat.

And how much more of a rise your afterunless that’s classified secret mens business

I want at least $7/ bu

The $6.50 that I said local prices struggle to reach is for July 2021 delivery(#1-13 to 13.5 protein)
Current bids for same wheat is a bit over $6.
11% Protien milling wheat is about $5.25

All this is considered the Canadian advantage...

[malleefarmer]

I want at least $7/ bu

The $6.50 that I said local prices struggle to reach is for July 2021 delivery(#1-13 to 13.5 protein)
Current bids for same wheat is a bit over $6.
11% Protien milling wheat is about $5.25

All this is considered the Canadian advantage...

Whats your frieght and other deductions $50 or crikeys even more?

[farming101]

An average western Canada deduction for CWRS would be around 92.50 CAD from the farmgate for the 2018-19 crop year according to Grain Monitor. I don't disagree.

[bucket]

An average western Canada deduction for CWRS would be around 92.50 CAD from the farmgate for the 2018-19 crop year according to Grain Monitor. I don't disagree.

Can you explain where the 2.51 per bushel goes?

My thinking directly to the economy to help create jobs or revenue for graincos and railways.

And there is nothing wrong with them making money...but maybe the host ( farmer) could make a little as well..

[farmaholic]

Whats your frieght and other deductions $50 or crikeys even more?

Deductions in the Ghetto were about $60 a tonne in the CWB days. "Efficiencies" from rail and elevator consolidation etc were supposed to benefit everyone in the Industry. GrainCos built large inland terminals capable of loading 134 rail cars. Rail lines with small old style elevators were abandoned in favor of high throughput terminals.

If you look at my post with the port "asking prices" you can see the gap between what it might be exported for and our farmgate price is can be quite substantial, as is now the case. The port asking prices are only an indication, but it gives us an idea.

Looks like 101 chimed in to give an idea of what the deduction is.

[farmaholic]

An average western Canada deduction for CWRS would be around 92.50 CAD from the farmgate for the 2018-19 crop year according to Grain Monitor. I don't disagree.

19/20, 20/21 will likely be similar, why wouldn't it be. 20/21 current farmgate to port asking is currently right there now.

[malleefarmer]

An average western Canada deduction for CWRS would be around 92.50 CAD from the farmgate for the 2018-19 crop year according to Grain Monitor. I don't disagree.

Holey cow you shittting me?

[malleefarmer]

Port asking prices are useless !

Bid sheets here at least once a day often twice in rising and falling markets that are mov8ng quickly.

Lets say between 15 and 20 companies have port bids

Take of deductions to workmit back to local elevator or farm gate.

Why are port prices useless there wiseguy? Sorry for my ignorance

[farmaholic]

Bid sheets here at least once a day often twice in rising and falling markets that are mov8ng quickly.

Lets say between 15 and 20 companies have port bids

Take of deductions to workmit back to local elevator or farm gate.

Why are port prices useless there wiseguy? Sorry for my ignorance

It's been pointed out those are indicators. I want $8.50 for my CWRS but I will take $7.00.

Ask what you want, settle on a negotiated price.

I don't know if the US system reports actual sales prices or just volumes.

[farming101]

Very roughly:

Primary: $23
Terminal: $14.50
Freight: $39.00
Other(operating costs,demurrage/dispatch,Marketing) $16

This is for wheat in 2018-19 shipped under regulated freight rates