viterra bringing corn into alberta

[Ron]

Anybody hear about viterra bringing 100 cars into stettler

[Zaphod]

Hadn't heard but wouldn't surprise me. Maybe they're worried about a repeat of 2002. I remember UGG brought in lots of trains into Grassy Lake that year.

[charliep]

Likely on going business into Husky at Lloydminster to replace wheat. Can't confirm Stettler but would likely indicate they are bringing into high through put elevators with space so they can handle 25 or 50 car unit trains.

Price on this volume likely about 65 over (this business would have been done a while ago by the way). You want to work back from a CBT Sept. close of $3.45/bu today gives a landed price of about US $4.10/bu or about Cdn $188/tonne. You still have to add a trucking cost to Lloydminster to figure out Husky's cost.

Will also be replacing feed wheat in hog and poultry rations. Distillers grains are also moving into these rations.

[ado089]

The fall before last the have Carseland full to the rafters with corn. For a time they were bringing in 100 cars a week. This is nothing new.

[Burbert]

Sounds like, there isn't much barley left in Albertie! Vitearra does a lot of crazy stuff though. The may be going to sell, it as popping corn, Capital Ex...

[Raven]

Burbert, I often really enjoy your posts, so I have a question for you - Non-board feed wheat and barley sell freely within Canada - correct? But the CWB makes a difference between "board" and "non-board" feed grains by not allowing anyone to export non-board feed grains. So the export/import border valve on non-board feed grains only allows imports (when our prices are higher than the US), but regardless of how high US feed grain prices may go, we prairie farmers can never sell to those markets and can only either sell to feed grain buyers in Canada or to the CWB. Do you support this policy?

[cowcalf1]

I know husky Lloyd was buying corn out of MB 2 wks ago, FOB farm for $4.50/bu.