Purely Canada Foods Corp

[blackpowder]

Why is it that the farmer is the one always expected and paying for as in this case the risk to get paid for their product? It seems as though our representatives always get duped into passing the risk to us farmers when they design any program or method of doing business. that cost should be to the consumer like everything else that we pay for.

Who pays it then?
The buyer? His costs worked into bid. It's your $ you're protecting. Who pays your car insurance?
Who would you like to pay it and with what from where?
I'm having trouble following along.

[westernvicki]

Why is it that the farmer is the one always expected and paying for, as in this case, the risk to get paid for their product? It seems our representatives always get duped into passing the risk to us farmers when they design any program or method of doing business. That cost should be to the consumer like everything we pay for.

Indeed, it is a valid question. I guess the quick answer is because it is your property, and there is a risk in the trade you need to cover.

I will ask you a question in return: Why would they want to risk doing business in Canada when they can invest in the USA, where the farmer will purchase their own insurance to cover the risk? There is no carbon tax, less employment costs, lower operational costs, and less competition.

[blackpowder]

Blackpowder, we beat that drum for years. It comes down to who pays the premium?

I remember the old arena boards and coops when retired farmers ran them. In To The Ground.
Hopefully more farmers now with off farm experience modernize the industry.

[the big wheel]

Indeed, it is a valid question. I guess the quick answer is because it is your property, and there is a risk in the trade you need to cover.

I will ask you a question in return: Why would they want to risk doing business in Canada when they can invest in the USA, where the farmer will purchase their own insurance to cover the risk? There is no carbon tax, less employment costs, lower operational costs, and less competition.

In fact when I dump the grain in the pit its not my property.

I cant say that I know the US system so I cant comment on that other than to say pretty petty to bring up Carbon Tax as an issue? hahaha although in some ways It is an issue bu not related to getting your money, the more I research the more it is a fact if we do not have some sort of carbon pricing we will be getting less for our product or in fact some countries will not purchase our product at all.

I dont think insurance is the answer also I simply replied it shouldnt be another added on cost to us. I think perhaps instead of a failed agristability in fact corrupt agristability perhaps that money could go to some monetoring and some sort of funds perhaps loans to these processors simular to a cash advance where these companies have loans with fed and prov gov and can then pay our money at delivery, those loans would only be given to companies with required financial standing. That way somebody definately would be watching whats going on and wouldnt be another burden on us farmers.

[the big wheel]

Who pays it then?
The buyer? His costs worked into bid. It's your $ you're protecting. Who pays your car insurance?
Who would you like to pay it and with what from where?
I'm having trouble following along.

I dont actually think another insurance bill to the farmer is the answer actually.

[LEP]

I dont actually think another insurance bill to the farmer is the answer actually.

It is you that wants protection. This isn't lala land.

Time to put on your big girl panties.

If you don't like the terms offered, sell your grain to someone who offers acceptable terms. That's business.

[the big wheel]

It is you that wants protection. This isn't lala land.

Time to put on your big girl panties.

If you don't like the terms offered, sell your grain to someone who offers acceptable terms. That's business.

OH my mr smart ass returns have you not been listenning to whats happenning? The specialty crop industry is gonna take a major hit because of the lack of over sight by current and former govs. Ask anyone if theyre comfortable selling and waiting for payment???? doing nothing as you suggest will destroy markets for many commodities great idea dim whit;.

[LEP]

OH my mr smart ass returns have you not been listenning to whats happenning? The specialty crop industry is gonna take a major hit because of the lack of over sight by current and former govs. Ask anyone if theyre comfortable selling and waiting for payment???? doing nothing as you suggest will destroy markets for many commodities great idea dim whit;.

So I have been farming for over 35 years. Pulse crops usually have payment about 2 weeks but there are options out there for faster payment.

Use them if that is what you want. If enough people do it the industry changes how they pay or they go out of business.

Your constant whining solves nothing princess.

[the big wheel]

Hahahaha Have you not seen that status quo is not working? This is a discussion about positive changes that can increase the specialty industry isnt it? When you worked at the bank did you have to buy insurance so that your employer actually paid you your wage?lmao Typical example of how we as an industry have been brainwashed into believing that we as farmers should pay for every cost there is even the cost of getting paid and take all the risk all the way through the process its actually very almost pathetic. Have some balls and stand up for the industry maybe!!!

[blackpowder]

If this were any other product than grain. How do they do it?

[blackpowder]

In fact when I dump the grain in the pit its not my property.

I cant say that I know the US system so I cant comment on that other than to say pretty petty to bring up Carbon Tax as an issue? hahaha although in some ways It is an issue bu not related to getting your money, the more I research the more it is a fact if we do not have some sort of carbon pricing we will be getting less for our product or in fact some countries will not purchase our product at all.

I dont think insurance is the answer also I simply replied it shouldnt be another added on cost to us. I think perhaps instead of a failed agristability in fact corrupt agristability perhaps that money could go to some monetoring and some sort of funds perhaps loans to these processors simular to a cash advance where these companies have loans with fed and prov gov and can then pay our money at delivery, those loans would only be given to companies with required financial standing. That way somebody definately would be watching whats going on and wouldnt be another burden on us farmers.

So, you want the govt to run it and the taxpayer to pay it?

[westernvicki]

Your product needs a buyer. The Agri industry is a value chain, for the private sector there are risks that are inherent from the field to the plate.

The world is increasingly competitive. Demand is decreasing
"Shrinking Trade

At the start of the century, China's economic boom transformed the nation into a powerhouse consumer of commodities from grain to metals and oil. It led to resource-rich countries ramping up output to meet surging demand. .... Throughout 2023-24, exports were 63% lower. Shipments from Brazil also fell. Exports of French barley — including malting that’s used to make beer — are running almost 50% lower this season from the key Rouen port compared with a year ago. Industry group Intercereales sent a delegation to China seeking clarity from customers on a recent request by authorities to limit imports. “We are witnessing a bit of a freeze in business,” said Philippe Heusele, the president of international relations at Intercereales."


Local demand is essential. Global companies will buy first from the least-cost supplier. Many nations can serve the current global demand. Therefore, buyers on our turf, dedicated to sourcing here, are the ones who will make a sustainable difference.

As mergers and acquisitions change the face of buyer, who will remain committed to grain origination in western Canada?

Those with a vision of the future should be aware of the need to maintain an environment conducive to doing business here.

You would be fooling yourself if you did not know that the bond has a cost. (I believe Purely Canadas was 35 million dollars). The cost of maintaining that bond is not free for the traders and it is calculated on every basis.

Very simply farmers around the world are sellers, who all need buyers.