Oberg... IS FISHING!!!

[hobbyfrmr]

Charlie, I sense some frustration. You are correct
and you should blow your horn. You did describe
in detail how to make the extra $1000.00/B-train.
That is exactly what the commodity forum is for.
Thank you. It can be frustrating at times, farmers
really do not want to apply themselves and make
that extra profit especially when described in
detail. It's better if they can deflect the subject or
redirect blame instead of just acting on the
opportunity factually presented to them. After all if
they sell the grain, how can they brag/complain
about their inventory levels! I have to agree with
your concept, what's a thousand bucks to a
millionaire farmer.They will only be happy if you
were to physically do the transaction for them,
and then personally write out the cheque to them.
It's kind of a weird farmer culture thing but I have
seen it for years. Keep up your good work
providing real facts and figures in order to improve
commodity marketing skills. I appreciate it. p.s. I
do not grow wheat maybe next year.

[Jay-mo]

While Oberg's short line is dying the BTRC in southern Manitoba buy a locomotive and are optimistic....

http://www.discoverwestman.com/index.php?option=com_content&task=view&id=16765&It emid=35

[Jay-mo]

<a href="http://www.http://www.discoverwestman.com/index.php?option=com_content&task=view&id=16765&It emid=35">

[wilagro]

hobbyfrmr: Yes, you are correct...we should listen to Charlie if we are expected to follow the open-market system that the grain companies have set down for us to follow. That IS the problem...it is a system for their benefit primarily and WE have to fit in for it to work at its best.

Follow the pied piper...don't buck the system...be a good little farmer...rebels are not going to make it change. ACCEPTANCE...that is the rule. Get yourself a friggin broker, give him money to use as he sees fit. Gamble, gamble, gamble...no sure thing...everything is risk...must have insurance, must have insurance...have to cover all bases.

Trouble is the marketers who buy the grain have all the winning cards in a game where they play with a "stacked" deck.

Oh well, that is the reality in today's world...if one doesn't like it there are other options...and grain farming may not be on the list.

[hobbyfrmr]

Nowhere on this thread has Charlie suggested to
hire a broker. He is part of a team providing help
and information to farmers. Wow, you really have
this all twisted up. A futures trading course is
helpful to understand how trading works. You
have the right to choose whether you use the
information or not. Charlie described an anomaly
in the wheat board pricing options where a farmer
could make more money. Sounds like a perfect
world to me. Yes, there are changes and
challenges ahead and yes, for some people that
may not be grain farming. Instead of
automatically deflecting to quitting grain farming,
some farmers will grow less wheat.....or.....no
wheat. Not really all that scary, just more acres of
something you already grow. Like barley, canola,
peas, canary seed , lentils, oats, quinoa,
chickpeas, faba beans, flax, hemp. If you so
choose to grow wheat maybe grow a higher
yielding utility wheat and sell it to the ethanol/feed
market. That is pretty easy selling without any
complicated pricing options and it requires no
futures market, or brokers. Get your wife to phone
these companies for information.

[charliep]

Just so we all agree the CWB doesn't change the world market today or impact prices. If world prices go up, CWB pool returns increase and vice versa. The CWB uses all the risk management tools talked about as well as running an price averaging system by consistently selling over a 15 to 18 month period.

Actually some of the best training to prepare for the new world is the development and use of producer payment options. If you understand current CWB programs, you are 90 % prepared for the new world. PPO products are related to the pooling system. The new world will be related to cash prices.

Perhaps a frustration after a couple of years of being in the business is how little farmers understand the pooling system and how funds are allocated. Nothing magic about it. Just process and mechanics.

[hobbyfrmr]

Charlie, thats ironic because I do not understdand the CWB's pricing options. 10 years ago I went so far as not growing wheat because: a) The world/CWB wheat price was so low I could not make any profit. b) I was borrowing money on land and machines and inputs. The banks did not really appreciate my inability to put a tangible price on 25% of my production. c)being young and foolish at the time, I wanted to buy what I needed for my future in farming and I was going to do it no matter what obstacles. d) my neighbor told me to pencil oat production as a substitute for wheat. e) my farm is small and horribly inefficient, so I refuse to try and cash flow by growing wheat. f) I am fluent in English and Eskimo!! So, in my previous responses I was also criticizing myself and my inability to apply myself to learn the mechanics and process of selling wheat.

[TOM4CWB]

Charlie et el.;

ExChair Oberg and the crew are doing us a favour by bringing attention to the numerous and insulting false market signals the CWB used to micromanage our grain farms.

Thanks Wilagro for pointing the 'spot light' upon the fantasy 'single desk' that would not face reality with rational change. The buying of the Lakers by the CWB pool accounts proved just how much of a crazy fantasy world these folks lived in. By the way Obergs Shortline just bought another power unit as well!!! The future must be brighter than his crew let on!

[Hopperbin]

Hobby I quit growing HRSW for your very same reasons. Except I will more compare it to paying a hundred grand for an education and then have no job when graduating.