Beware of elevators not paying protien pemiums!

[SASKFARMER3]

With all the piss poor wheat in the world and the new norm, oh you have a good two or three, yea the premium for protein is poor so take this attitude from elevators.
BS shop your grain around or bin and bag good quality wheat.
Their is a shortage don't give it to them unless they pay.
PAY.
The weather and crop specialist with CWB says the poor quality of the US spring wheat crop has raised demand.

"We certainly are starting to see the markets for high quality spring wheat in the US move rather dramatically," said Bruce Burnett. "The protein premiums shot up quite a bit, so despite the fact that we've seen the futures market go downwards here in the past month or so, actually the cash prices for reasonable quality or high quality wheat have actually increased."

He notes last week prices for 15% protein in Minneapolis were trading between $5 and $6 over the futures, which almost doubled the price for high quality, high protein wheat.

Burnett expects those protein premiums to get reflected in Canada over the next while as our quality is a little bit below normal as well.

[wmoebis]

Does your daily bids show prot spreads? Do you get one from every elevator and every company in your area?

This is a general question not just for you SF3.

[bucket]

Another instance where the ball was dropped. Premiums or discounts should be stated at the time of contract signing.

There is so much the government could have done to make the open market transparent and accountable for all participants.

Instead they chose to make it dysfunctional.

To the detriment of many average farmers. Maybe losing the training ground for the next generation doesn't matter now, but it will.

[SASKFARMER3]

I get a end emAil from three of my four once a week. My point you spent money on Fert snd produced it, so get paid for it!

[wmoebis]

are the prot spreads listed by 1% or .1% or .5% or how? And what do they generally range.

[sumdumguy]

Are there any farmers advising the government? Man, there is just no direction -none. Not a word, not a boo. If we keep letting them get away with it, our industry will look like Mexico's, a sad state of affairs. Now the CWB may be bought out by National Farmers. I'm sure they will have the farmers' best interest at heart / or most likely the profit motive will prevail.

[Oliver88]

Grain price emails only show price for #1, 13.5 protein that I receive.
Viterra website only shows #1, 13.5 as well.
A phone call is required for premiums and deductions.

Similar to the railways, it seems more regulation is needed to keep grain buyers accountable and transparent.

[Partners]

Big diff. in price discounts from #2 to #3 at local plants..Same sample is a stand along #2 at Viterra and a #3 at Richardson's..Diff. is 50 cents per bushel..

[furrowtickler]

Wheat trials from Sat here were interesting and showed the value of wider spreads in protien as of lately
From 11.8 to 13.6 pro in hrsw $.70/ bus - a fair chunk of change at 75 bus/ac
That spread has doubled from a week ago

[cottonpicken]

This isnt looking good for some areas. Screwed pulse crops screwed cereal crops and frost problems on late oilseeds