zero basis

[bucket]

Braveheart

Call it what you want.

This system is messed up both from transportation logistics and pricing logistics.

[Braveheart]

Maybe not. Maybe we all missed opportunities and are looking for others to blame.

Maybe we need to take stock of what we have (for inventory) and start shopping around. I don't mean taking whatever offer. I mean really shopping it. Trying to establish a good relationship with someone and build some trust. Please notice I said "build some trust" as I know how distrustful many of you are of the grain industry.

Maybe nothing is broken. Some things could be better, like sales and instore info. But broken? No.

[bucket]

Braveheart

If I remember right you are closer to port.

Most farmers closer to port don't have the logistics problem of midpoint sask.

You guys are easy targets to help both the railways and graincos look good in front of government.

And you have a freight advantage that's hard to ignore.

Not complaining just facts.

I was doing exactly what you described shopping my crop around last February for Sept delivery. Still waiting. Fool me once......

I don't come to these threads being stupid. I have done my homework.

That's what is pissing me off.

[Braveheart]

I sit right in the line with the highest freight tariff.

[foragefarmer]

Braveheart

If you live 300 miles from the border you tell me where do you shop it around other the to Canadian grain companies?

[Braveheart]

Yes, shop Canadian, or, if you like, producer car to the US. I won't give any details but, we are sending 2 producer cars of wheat to a US buyer.

300 miles by truck isn't insurmountable. It is being done.

[farmaholic]

I get real excited when people suggest prepricing unseeded crops or ones still in the field then Mother Nature throws us a curve ball and delivers us something that we're told is almost unmarketable. And we either have to take the "discount" or buy out the contract. .

[wakopa]

on the basis discussion,charlie i enjoy your suggestions on marketing grain, you have made me some good money since our freedom.last year i did very well selling my wheat and this year i am sitting between 7.50 and 8.04 for my wheat at 22 dollar basis.i have to lock in my basis sometime,should i cash in or do you think the basis will go down more.thanks for any good info.having fun marketing.

[bucket]

I like to preprice grain I have in the bin prior to the next crop.

If I have a wreck a good price is locked in or I could be blending.Either way it's usually after the wheat is produced.

Also try different points to keep delivery available. Didn't work this year but with new facilities available it could get better.

[farmaholic]

I get real excited when people suggest prepricing unseeded crops or ones still in the field then Mother Nature throws us a curve ball and delivers us something that we're told is almost unmarketable. And we either have to take the "discount" or buy out the contract. .