wheat buddy is out.

[MBgrower]

U nailed it BTO on the cross border comparison. I get a cheque in us funds and cash it in canadian dollars, voilla, 20% gain on f/x. Good thing the graincos dont also own banks and deny us fx gain on usa grain cheques.

[Guest]

well , there buying oil companies out of our missing fx , why not a bank , probably next ?

[MBgrower]

wheat buddy is out.

U nailed it BTO on the cross border comparison. I get a cheque in us funds and cash it in canadian dollars, voilla, 20% gain on f/x. Good thing the graincos dont also own banks and deny us fx gain on usa grain cheques.

[MBgrower]

U nailed it BTO on the cross border comparison. I get a cheque in us funds and cash it in canadian dollars, voilla, 20% gain on f/x. Good thing the graincos dont also own banks and deny us fx gain on usa grain cheques.

[SandboxKid]

The company Agritrend Marketing is who I use and in their weekly report we get updates of what prices of wheat would be in central Saskatchewan if you backed off freight and elevation from the export market. Big eye opener. Sometimes as much as $2.00 per bushel difference between posted bids and what the price should be.