wilargro to show i see boths sides of the argument

[haveapulse]

Proverb for the Day

Wisdom - characteristics of the wise
"a wise man changes his mind, a fool never"

Malleefarmer, we had a rep from the AWB spend a weekend at our farm a few years back. As he explained it, the AWB was very different entity than our CWB. he described a fully functioning body with assets, with the concept to glean value from the farm gate to the buyer! Hence the ability for the entity to have shares of value to a commercial entity.

It was my thought at the time the AWB as a far better system than our CWB which had zero assets.

Holding grain off the market is key to the ability to market grain effectively.
It appears the lesson Australian farmers are learning today is one where Canadian farmers have an edge: Build bins.

[malleefarmer]

Build as many bins as you want it still has to get
into storage and handling system if to be sold to
a exporter,they simply do not want the grain on
farm.
Domestic sales to dairy farms and feedlots
piggeries etc agree they want grain on farm
precisely what I do,domestic is on farm only.

You can store grain as long as you want in inland
terminals until you decide to sell,works out
cheaper with all your Capitol tied up in storage

[haveapulse]

Interesting to see the Chinese direct buyers in, anyone on the ground have the ability to organize the process to exeucte thd deals and manage the risk?

[cottonpicken]

You mean a broker?

[haveapulse]

I was thinking on farm loading of containers perhaps large farmers going direct? Or are the Chinese working with independents like is done in Canada at this time.