Back to Wheat

[Cattleman]

Yes bucket, I get it, the fx is in the basis, but the grain co's are full of shit to say the basis tightened today, because realistically the dollar just dropped 1.75 cents! They might as well be honest about it. As Oliver pointed out the basis is realistically - 70 cents. Wish you could call them on it, by using the actual definition of what basis is. Should convert everything to US then, say the basis is 57.5 cents US, add to the $5.81. Sign a contract and hold them to it. I haven't seen their contracts though.

[bucket]

Let's say you sell your grain thru a grainco. You pay the freight to the west coast as well as the handling to get it on a boat. If we were getting the west coast prices less the deductions and of course some profit it would be OK.

That's not happening nor did it happen a few years back.

We have nothing to show for it either way.

So what is the benefit?

[Hopperbin]

What are you finding for number two and three furrow? What are you finding for feb or march?

[furrowtickler]

Never asked, we were fortunate to have all #1 , but I will ask tomorow when I go there . What protien you lookin at ? I know discounts are fluctuating a lot .

[MBgrower]

Too bad the graincos didnt price fertilzer in $us funds, same as wheat.

[Hopperbin]

13.5 to 14.5.

[Hopperbin]

We possibly have some downside to our dollar. Could give prices of everything a lift yet.

[bucket]

Graincos will take as much as they can.

Just like the old regime did.

But we have nothing to show for the previous 60 years. And won't have for the forseeable future.

[furrowtickler]

Sadly your right bucket
Hopper - call Mike at 1-306-445-3812 - better off to get info first hand

[CptnObvious]

Bucket... 'the old regime took?' Took what and put it where?