Originally posted by blackpowder
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Comment: The return of the Wheat pool? Australia still has a strong coop.
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New farmers co op would never work. In theory with some major tweaks they could be price competitive..BUT they have one majooorrr setback ( as do all grain companies and farmers)...
THE MONOPOLY of the train tracks.
that and the incredible lack of teeth by our govts to stop the monopolization of the grain buying companies...
A coop would probably be useful if done properly...but farmers are so far down eachothers throats ( see; rising land prices and rising rents) that 3 neighbours cant even get together and agree that the sky is blue. Never work when everyone secretly hates eachother.
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Providence Grain is a grower owned Grain Handler… it is clearly up to farmers to decide how to market their grain… competitive forces determined what happened to our grain handling system in western Canada… not multinationals.
We each determine our future… CHS has input supply stations in western Canada… Coop crop suppliers are very common… who we choose to do business with… determines future opportunities!!!
Many Blessings!
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I see that several of the posters in Commodities are not so optimistic about the number of takeovers and the reduced number of buyers in a grain market already dominated by a very small number of buyers.
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Never in our community, have so few farmers, been served by so many unit car grain terminals, with drying, colour sorting, cleaning, blending, and marketing services like minimum price, pre price, basis, post delivery pricing… every conceivable option a grain farmer can dream up!
Canadian owned grain facilities, Paterson, P&H, Providence, Richardsons… Canola , Nexera crushing facilities… paying massive premiums to futures.
Wake up CC… our farm has never received such good grain marketing results ….in history!!!
Many Blessings!!!
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Originally posted by cropgrower View Postif wheat board dictatorship ever came back i would give up grain farming , if just on wheat id never grow wheat again , RIP wheat board
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Wished I was there at that all candidates forum in North battleford when that ndp candidate lost his shitz on Ritz and called him a bastard for dismantling his beloved wheat board, only to be booed and told to shut up.
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Are you guys confused again about what CBH in Australia does?
CBH is not a single desk seller. Its a farmer own grain handler that lowers the cost of grain handling by 15% for members as compared to the multinationals.
With a 62 per cent share of the grain handling business and A$4 billion in annual revenue, CBH had a record annual profit of A$497 million in 2022 and has reported record-breaking supply chain performance for its 2023 harvest.
Those results belong to CBH’s Australian farmer-members. CBH’s success can be attributed to its efforts to support its members by investment in the infrastructure — rail transport, port terminals, marketing, export and processing — needed to lower grain handling costs for producers.
As a result, CBH says average post-farmgate costs for its members are 15 per cent lower than for Australian farmers who rely on multinational corporations (including companies like Bunge and Viterra) for storage, movement, marketing and export.
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