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Whats your Target price (Canola)

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  • mbratrud
    Senior Member
    • Jun 2008
    • 1019

    #11
    I would guess they are low value checks like a few dollars for storage ect...

    Comment

    • mbratrud
      Senior Member
      • Jun 2008
      • 1019

      #12
      Black spots on the pods stems and leaves. and we have both Invigor and RR and its showing up in both. Canola that's dropping leaves are the worst so I expect it will be something that more guys will be noticing in the next few weeks. I thought it was tricky to pick swathing timing before? This is going to be the next level of challenging.

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      • boarderbloke
        Senior Member
        • Sep 2007
        • 1991

        #13
        I'd let it all go at $12. priced 25% Aug4th, a.m. @ $10.47, basis getting wider, crush margines getting bigger since then. Not realy off the combine, but a good price just the same.

        Comment

        • boarderbloke
          Senior Member
          • Sep 2007
          • 1991

          #14
          sorry, that was Nov delivery

          Comment

          • Choice2U
            Senior Member
            • May 2008
            • 476

            #15
            If they were storage credits, I think that credit would be included with the PPO program and entwined with other monies. I have never been paid storage when in the pool and I've never got a cheque for storage separate from any calculation involved with a PPO or IP program.

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            • countryguy
              Senior Member
              • Nov 1999
              • 685

              #16
              So there are 2999 other guys like my old man who stash them away somewhere and forget about them or have them under a years worth of mail piled on their desk.

              Comment

              • TOM4CWB
                Senior Member
                • Dec 2000
                • 16511

                #17
                choice,

                The CWB is an easy tax deferal tool when growers are on cash accounting... which vast majority are.

                Comment

                • Hopperbin
                  Senior Member
                  • Dec 2007
                  • 6562

                  #18
                  The cwb should times the amount by 2 and send them a bill for not cashing a check, then the beneficiaries may actually pay it, think about how much we could prop up the pro in times like this, we need to prop up the pro.

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                  • Choice2U
                    Senior Member
                    • May 2008
                    • 476

                    #19
                    The letters went out in July/August so the cheques must be written even earlier. Don't cheques expire after 6 months. I guess those that have year ends other than December may still be valid. I guess I am having a problem rectifying the "poor farmer situation" and the "loss of farmers - industry in demise" comments with deferring cheques.

                    Comment

                    • GreenValley
                      Senior Member
                      • Aug 2006
                      • 236

                      #20
                      While ago been thinking about target price. But was told by Vigria that if I don't have canola on hand and may need to buy somewhere else to fill the contract or pay penatly if canola price go up over the target price and has to pay the difference. Been afraid of this kind of contract. My crop is fair not that great so hard to say I should try target price.

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