New Pasta Plant

[SASKFARMER3]

Tried years ago in Weyburn area to build one and guess why it didn't go? The CWB put up road block after road blocks. God its great.

[charliep]

To the original post, does the rally in Minneapolis really matter to a farmer in western Canada where being average is the law? I suspect a inverse like we are seeing today will not exist after August 1, 2012. Farmers in western Canada will jump on a market that pays a premium to deliver today versus store. wilagro will argue this is sign of market failure (western Canadian farmer took out the inverse). Farmers will still be able to sell based on market signals. Better than current producer payment options that take out the inverse based on the CWB's (not farmers) risk management needs.

[charliep]

I will note that the basis levels have also weaked in the US as well. On the other side, a Montana farmer is pocketing $2/bu more (plus delivering sooner) than their Alberta neighbor signed a fpc/delivered today.

[URL="http://wbc.agr.mt.gov/Producers/pricing_current.html"]Montana Wheat and Barley comittee[/URL]

[wilagro]

checking: I quoted a press release. It makes out that the reason this new plant is being built is because the atmosphere for investment is so improved because the CWB is soon to be kaput.

The TRUTH is...the company already has plants in Alberta, Saskatchewan and Manitoba that were established while the CWB was in existence and in fact they were processing lentils, peas and beans for export and domestic production for years already. From what I read it has been very successful.

I certainly don't see a downside to the new plant as it will process Canadian grain.

What pisses me off is the Harper connection and the political hay that is generated by this announcement. They never miss a chance to crow.

[food4u]

Wilagro- would you like it better if Ralph and Dwayne made the announcement?

[wilagro]

food4u: THAT hardly warrants a reply.

[FarmRanger]

<i>" in fact they were processing lentils, peas and beans for export and domestic production for years already. "</i>

And not durum. Why would they not process durum? Having a state trading agency driving all the profit out of processing durum wouldn't have anything to do with it. No, we're much better off driving away all those "evil" corporations who might make a buck off of farmers. It's much better to pay the freight to export destinations on everything we produce rather than split any profit to be made from domestic processing with those evil corporations and the people they employ. /sarcasm

Goodbye and good riddance CWB single desk.

[cottonpicken]

Not siding with anyone but i wouldn't touch any value
added canadian company with a ten foot pole.

[farmaholic]

Cottenpicken: I can't help to ask why? Any response, long or short, would be appreciated. Thanks in advance.

[Integrity_Farmer]

It's all bullshit.