the young farmer and the cwb

[sawfly]

in regards to ending the board and harvest deliveries of wheat and canola.
and cash flow considerations.

the orderly marketing of wheat has probably improved canola basis, esp. in the fall.

and the cash advance on wheat has probably improved fall canola values, by putting cash in hand so we didnt have to dump canola.

generally we all like to deliver off the combine .

is it not likley that with sept.delivery contracts for wheat and canola, that the system cant handle.
whats gonna happen, basis will widen on both.
we will end up building a larger harvest discount.




any new system had better include a cash advance on wheat.
because come fall, if they know your gonna have to move something. elevators and buyers arnt gonna bid up to get it.

[TOM4CWB]

Swafly'

The Canadian Canola Growers already handle non-CWB wheat cash advances.

I have asked for competition on service providers for years... so that we could have a choice. It is time the new gov. provided some options!

The new gov. has significantly improved the Cash advance system... making it much better than ever before by increasing the interest free portion... and the total loan avaliable.