CWB sells wheat at $30 tonne discount

[Incognito]

Then change the name to the Cheap Wheat Board...

bend over for 100,000 tonnes?

did you feel that premium?

How does that KY with sand feel - Willy?

[just_wondering]

wilagro are you proving Adams point point there is no power in the single desk we all sell at a world price the difference being freight and basis levels you asked if he was the CWB what would he do?
I'll answer the question if the price is $222 a tonne charge that don't just discount until you get the sale because you don't have a replacement cost.
we are all competing against other countries and yet with the CWB we are doing it with our arms shackled.

[Burbert]

Yeah, lets all do our selling on our own, screw the brokers. We'll be rich, IF we don't cut each others throats! Now there is an idea worth discussing. Who said I have nothing to contribute for you marketing gurus to contemplate?

[kamichel]

Myself as a farmer grain seller I would not sell my grain for less to a feed mill when the price they have to pay is say 4 dollars per bushel, if the price is 4 then the price is 4. It looks to me like the
Brazilians need wheat. Does the Wheat Board call this building markets because we do not normally sell to them? At the moment there is a shortage seemingly developing , why undercut someone that is not there. Why not pay more for our supposedly higher quality wheat that we have ever grown in past 10 years. What about the wheat board service? Is it worth anything? Burbert we are not all here to stampede to sell our grain off the combine.

[gregpet]

Burbert, better than letting the CWB cut our throats for us as they have been since their inception.

[chaffmeister]

wilagro:

You are absolutely right when you said the following in reference to the CWB:
<i>Suppliers discount prices all of the time for substantial amounts/quantities.</i>

But be very careful. I know someone quite well that said the exact same thing about the CWB regarding sales on malt barley. He actually wrote it in a study. The Sparks Barley Study of 2004 to be exact. And in response, the CWB wrote a couple of "threatening" letters to the president of Sparks. I wouldn't want to see a good CWB supporter like yourself get on the CWB's bad side. Trust me, I know from personal experience, they can be pretty vindictive.

Also, you're right about the "trade" discounting sales. But to make sure that idea is in context, keep in mind that when they do it, it's because they are already long the product and maybe they need to move it for commercial reasons, or some other reason like that. But - and this is important - it doesn't set the price for farmers, or even for the rest of the trade.

[chaffmeister]

Oh yeah - and Incognito's hit the nail on the head.

Two weeks after their own bullish weather report?!

If you discount at all, it's (as I said earlier) for commercial reasons, or you are very bearish (and you think you'll be able to replace it at lower prices later) and are anxious to get a sale on before the price drops. But its risky business because you may be wrong and your competition will be happy to prove it to you if you are wrong.

[chaffmeister]

Sorry - I meant two weeks <b>before</b> their bullish weather report.

[Herbdoctor]

Yeah sure you want your FREEDOM and that is capitalized becauase you are emotionally driven it's not because you really care about how the CWB markets your grain (if you cared that much you'd run in a board election and try and change it from within...) but here's a little retaliation to your F word... you see freedom doesnt come without Democracy...and a stacked 3 question vote with numbers on the top so the conservatives can know how you voted and where to apply the most pressure to Steal "Freedom" for the few people along the 49th who see a better stop price to the south every once in a while... is extremely undemocratic and very illegal. the friends of the CWB have no affiliation with the CWB and the people spear heading the movement were chosen because of their success in previous engagements with farmers who will gladly illegally try to steal freedom. Bottom line is if you want freedom look to your government and ask them to have a clear cut yes or no becasue there is no inbetween the CWB does not own grain elevators and is simply put in place by farmers to shield farmers from Margin MOngering Grain Companies and frieght thirsty railways (by the way you guys really blew it with the crow rate) and go figure you follow so blindly...Hey you know if the USA, Railways, Major grain companies, The conservative government (who cater to big business), and well the rest of the grain marketing world tell you its a great idea to get rid of the CWB then it MUST be a good idea (They care so much for the well being of your little farm and the success it will bring to you with your keen marketing ability and all that free time you have to spend watching the market from the lake on your holidays). I tell you if the market ever goes wide open you'll be at the mercy of the first neighbor that needs to pay a bill. Enjoy your freedom if you get it while you still own your farm.

[Herbdoctor]

"spot price to the South...."

[chaffmeister]

Herbdoctor:

I know for a fact the CWB system is costing you and every other farmer out there money - a lot of money.

What would it take to prove it to you? I'll do what I can for you.

[Herbdoctor]

tell me what it will cost to deal directly with the overseas buyers and how producer cars are affected and how much spare time i need to market myself... and where i can get ahold of a sattelite so i can compete with Cargill