Re flooding in Australia

[agstar77]

Fear of the unknown, thus it has been through the millenia of time. Ignorance of phenomenon has led to many religious superstitions leading to a self-fullfilling prophecy. Perception becoming reality.

[bucket]

AGstar

Thanks, you gave me hope.

Perception becomes reality.

So in that line of thinking:

The "perception" of the cwb losing us 100's of millions is becoming the "reality" of farmers recognizing that fact.

Maybe the government will do something about that.Highly doubtful, unfortunately.

[agstar77]

Sorry, I didn't mean to.

[TOM4CWB]

Agstar,

Interesting comment on 'superstition' and religion.

Fact. The market moves BECAUSE there is a fundamental reason... the technicals are a trend while the major market movers are primarily weather issues that cause significant shifts in supply demand and therefore carryover supplies.

Agstar, are you saying religion predicts/changes the weather... or supersition/religion causes shifts in production?

Is this a positive for grain growers as a larger group... while the general public perceives these problems as negative?

How much responsibility does Iran, the Saudis, Venezuela, and other US oil suppliers have in forcing bio fuel production into the mainstream fuel supply?

If black oil were still $40/barrel... would have the US congress past the recent bio fuel incentives (OPEC caused recent price increases through supply controls)?

How much is global warming religion (humanism) driving our markets... verses the more traditional prophetic outlook of the Biblical Revelation view?

How much responsibility must the CWB take in driving 2008 wheat prices to $25/bu... Which in turn caused every grower on the planet to grow wheat... creating a substantial glut of production (2009)... breaking prices then far below the cost of production?

If wheat value had been stabilised at $10/bu in spring 2008... would the outcome have been very different on wheat/grain prices?

Are commodity monopolies helping anyone... or are they destabilising our global economic system... Which I suggest can NOT be a good thing???

[agstar77]

Markets do not always move because of fundamental reasons. E.G. Nortel. It rose despite fundamentals, greed, until the fundamentals kicked in. You can talk up or down markets in the short term as you can fool people in the short term with religious chicanery, but eventually the emperor is exposed.

[TOM4CWB]

Agstar77,

Ahhhh... I love it... 'Religious Chicanery'.

..."eventually the emperor is exposed".

CWB 2009-10 Pools just released on Dec 17/10.

"You can talk up or down markets in the short term as you can fool people in the short term with religious chicanery, but eventually the emperor is exposed."

Can we agree... that at least there is a problem here Agstar77?

[agstar77]

You mean with religious chicanery?

[malleefarmer]

Each load is assesed.
Vitterra does it visually and takes a small sample from each truck every 500 to 1000 tonne they put it through falling numbers to see if corraltion between visual and falling numbers is the similar. Apparently its not to far out.
Grtainflow or AWB storage sites have falling numbers for every load.

Re 8% vs 12% no same price is feed price.

[Burbert]

Watch Viterra, they are truly sneaks!