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Low wheat prices 16 months ago, as Low as $1 per bushel in Texas

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  • hedgehog
    Senior Member
    • Oct 2009
    • 619

    #11
    that was june 2010, when wheat was rock bottom.
    as usual, buyers collude to steal wheat from cash strapped farmers

    Comment

    • charliep
      Senior Member
      • Oct 2000
      • 9002

      #12
      [URL="http://farms.com/FarmsPages/Markets/tabid/214/Default.aspx?page=chart&sym=KEZ11&domain=farms&stu dies=Volume;&cancelstudy=&a=M"]KCBT monthly[/URL]

      <a href="http://www.cwb.ca/db/contracts/ppo/ppo_prices.nsf/fixed_price/fbpc-wheat-2010-khrw-20100701.html">July 1 CWRW FPC</a>

      <a href ="http://www.ers.usda.gov/data/wheat/YBtable18.asp">average farm price winter wheat</a>

      Comment

      • riders2010
        Senior Member
        • Aug 2010
        • 2205

        #13
        Well well well, that explains then where the cwb sold our wheat and why the initial price was as shitty as it is and was! lol when the world price was 10 times higher. lol

        Have to admit you guys are outstanding at finding the lowest price, when the directors are out of work it'll look good on the job application at Zellers! lol

        Comment

        • charliep
          Senior Member
          • Oct 2000
          • 9002

          #14
          [URL="http://www.cwb.ca/public/en/farmers/producer/historical/pdf/2010-11/2010-11fpcbpccharts.pdf"]chart 10[/URL]

          Comment

          • craig
            Senior Member
            • Oct 2000
            • 801

            #15
            This is so scary. It must be Halloween. Tonight you should all dress up like a Viterra or maybe a Louis Dreyfus and pillage the rural economy. Go to farm houses and offer nothing for their treats. Be careful though as the CWB police are still around looking for more to put in jail.

            Comment

            • wd9
              Senior Member
              • Nov 2000
              • 3196

              #16
              So Integrity Farmer, suppose the wheat is 5 Bucks where the CWB is trying to market wheat along with everyone else. Location unimportant.

              How does the CWB get me more money then what the market will pay for it?

              If we use canola for example, i can get within pennies of what the exchange says it is worth and there are no marketing costs like CWBs Gord Flaten's dry cleaning bill. Certainly a big reason why it was an absolute failure to put canola under the CWB. There was not shown any value whatsoever putting canola with the CWB. Best you could get was an average price for the year, of course minus marketing fees, pensions, sick days, bonuses, stress pay, law suits with every Tom Dick and Harry, little Timmy's braces, and on and on.

              If I sold 1/12 of my crop on the second tuesday every month, i would effectively acheive the same without the above expenses.

              So I ask again and carefully and a great opportunity for you to show me something tangible, if wheat was off the CWB and was just like canola is today, how would the CWB provide me a price bump and benefit over what the wheat gets sold for to convince me to put it on the CWB?

              Comment

              • wd9
                Senior Member
                • Nov 2000
                • 3196

                #17
                The silence is deafening.

                Comment

                • blackpowder
                  Senior Member
                  • Feb 2010
                  • 9311

                  #18
                  wd9.......Exactly!
                  I_Fs' posts make me wonder about his age. He was likely out trick or treatin' last night. Tonight had to get tucked in early.

                  Comment

                  • gregpet
                    Senior Member
                    • Mar 2007
                    • 770

                    #19
                    Ever notice the CWB supporters are quick to post
                    some bs, or smart remark, and only ask questions.
                    Never have they answered any questions while
                    theirs get answered with facts to back up the
                    rebuttal.

                    Comment

                    • wd9
                      Senior Member
                      • Nov 2000
                      • 3196

                      #20
                      Shall repost as new thread on its own.

                      Comment

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