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Oat & Forage Great Free Market Examples

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  • Burbert
    Senior Member
    • Jan 2007
    • 2242

    Oat & Forage Great Free Market Examples

    Two examples of how good the open market
    will get, without the cwb. Can't wait fer
    the lying and cheating to begin if'n the
    open free market comes to fruition. Yup
    Comedians will get what they deserve, a
    level playing field wit no rocks, only
    low, low, and lower priced grain. The cow
    guys gotta live too!!
  • freewheat
    Senior Member
    • Aug 2007
    • 2981

    #2
    You think oats was better under the board? DO tell, Do tell.

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17482

      #3
      Is the principle at risk at all or is it guaranteed?

      Comment

      • charliep
        Senior Member
        • Oct 2000
        • 9002

        #4
        GIC or a bond?

        Comment

        • Gofer
          Member
          • Feb 2011
          • 87

          #5
          It is a Member Investment Plan, a term deposit really, that is neither guaranteed or insured. It is secured by UFA's balance sheet and reputation only. Interest paid semi annually by direct deposit. Details on UFA.com

          Comment

          • sumdumguy
            Senior Member
            • Mar 2007
            • 11994

            #6
            The cow guys gotta live, too? What does that
            mean? You want me to subsidize their industry?

            Who else would you like me to subsidize?

            There is a fair market price. The grain producer
            has overhead and expenses and needs to live,
            too. By distorting the feed prices, you are helping
            no one but the meat processors and meat
            marketers. The free market has to decide
            through arbitrage where the happy medium is,
            not you, not CWB, not me.

            Comment

            • charliep
              Senior Member
              • Oct 2000
              • 9002

              #7
              In general, you would need to check out annual reports to answer the question you posed. Are available on the UFA website.

              Comment

              • Klause
                Senior Member
                • Sep 2010
                • 3644

                #8
                I sell hay at $40/bale. I get bitched at every winter for "gouging" the poor cattle farmer.

                I have CoP. I need to cover it, and I need to make at least enough to make it worth my time.... I will subsidize NO ONE.

                I grow a little bit of oats every other year, and bin it. When it's $3.50/bu I sell it. There.... Free market at work

                Comment

                • wilagro
                  Senior Member
                  • Apr 2000
                  • 2761

                  #9
                  No dividend for two years. I wouldn't touch it with a ten foot pole...in fact I am pulling my equity OUT.

                  Comment

                  • CeePen
                    Junior Member
                    • Oct 2010
                    • 25

                    #10
                    Interesting that the oat millers were only built after the CWB got out of the biz. Used to be 80% of oats went feed. Now it's only 20% and the rest into value-added food. Coincidence?

                    Comment

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