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Why maybe we should not sign a contract with the CWB for 2011 crop!

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    Why maybe we should not sign a contract with the CWB for 2011 crop!

    If our canola and peas and oats and Malt Barley is sufficient to get us to August of 2012 why should a farmer give any grain to the CWB. Let the Board supporters have and support them. They want this system so here have it. Lock up your HRS and Durum.
    Here is prices in ND.










    Local Cash Bids























    S WHT 14 PRO









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    8.21

    @MW1Z

    856'2s


    -14'6

    -0.35



    10/31/11

    8.21

    @MW1Z

    856'2s


    -14'6

    -0.35



    1/31/12

    8.27

    @MW2H

    852'2s


    -12'4

    -0.25



    9/30/12

    7.99

    @MW2Z

    848'4s


    -10'4

    -0.50



    W WHT 11.5PRO









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    6.64

    @KW1Z

    784'0s


    -11'2

    -1.20



    10/31/11

    6.64

    @KW1Z

    784'0s


    -11'2

    -1.20



    8/31/12

    6.65

    @KW2U

    815'0s


    -6'6

    -1.50



    SIX ROW MALT BARLEY









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    7.00

    NONE






    0.00



    9/30/12

    7.00

    NONE






    0.00



    #2 FD BLY









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    5.00

    NONE






    0.00



    LOW END DUR









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    7.00

    NONE






    0.00



    MILL DUR









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    12.00

    NONE






    0.00



    9/30/12

    10.00

    NONE






    0.00



    FLAX









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    13.50

    NONE






    0.00



    YELLOW PEAS









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    9.00

    NONE






    0.00



    10/31/11

    9.00

    NONE






    0.00



    9/30/12

    8.50

    NONE






    0.00



    SOYBEANS









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    10/31/11

    11.96

    @S1X

    1355'4s


    -3'2

    -1.60



    10/31/12

    12.12

    @S2X

    1342'0s


    -4'2

    -1.30



    CANOLA









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    24.00

    NONE






    0.00



    10/31/11

    24.00

    NONE






    0.00



    9/30/12

    25.00

    NONE






    0.00



    RED LENTILS









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    15.00

    NONE






    0.00



    GREEN PEAS









    Berthold Elevator



    Cash Price

    Futures Month

    Futures Price

    Futures Change

    Basis




    9/30/11

    7.00

    NONE






    0.00




    Can Get 8. Dropped in Pit next fall if sign a contract now. Will the CWB get me 8 I'm guessing probably not.
    Can get 10 for my Durum next fall will the CWB get me 10 probably not close but no cigar.
    All you CWB supporters you can support your CWB and Ill choose to Wait.
    Have a great day its still my grain in My bins on My farm. Sell yours and have a great day.

    #2
    I'm keeping a very close eye on my
    cashflow needs and storage.
    I'll sell out of non-board crops for
    sure but will also have to sell some
    wheat for storage concerns.
    I'll sell any tough or poor wheat first
    but hope to hold my most storeable, best
    quality wheat over for 2012.
    I don't expect to have to ship to the US
    myself, I expect arbitage to balance
    things out.
    My concern is if the "friends of the
    cwb" court case screws it all up.

    Comment


      #3
      SF3

      As said in an earlier thread - let the cwb supporters fill the boats IF they can.

      20% of the people asking for change grow 80% of the grain.

      Let the cwb finally figure out how much support they actually have. Support means filling the boats and contracts not signing an "X".

      Comment


        #4
        Doing exactly as saskfarmer suggests. Talked to a few grain companies and they suggested they will have contracts in place next spring. Olberg and company can shove their beloved CWB where the sun never shines!

        Comment


          #5
          last year at this time my basis contract was 24 over minni mar futures. this year-10 so a buck a bushel to cover legal fees. the PRO is a POS....lol.
          locking my whaet up for a year!

          Comment

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