Sask. Wheat says wide basis costing wheat growers billions

**tweety** · Feb 22, 2015, 23:40

Integrity, please show the math how they come up with 3 billion $ ?

**CptnObvious** · Feb 23, 2015, 09:26

$62/t excess basis( that which is charged above the actual cost) times number of tonnes sold = $3 billion.
It was $3.1 billion last year.

**farming101** · Feb 23, 2015, 09:37

Hey Captain could you verify the number of tonnes sold and post it in this thread. I would like to compare that with CGC numbers. Thanks.

**jdepape** · Feb 23, 2015, 10:20

So what are the "actual costs"?

**bucket** · Feb 23, 2015, 10:22

Depape

How's the app coming along?

**bucket** · Feb 23, 2015, 10:24

Depape

How's the app coming along?

**farming101** · Feb 23, 2015, 11:12

Canadian International Trade Database says that for the calender year 2014(not the crop year) Canada exported 18,488,686 tonnes of all wheat except durum. $5,745,474,942 CAD was realized from these sales. Works out to an average of $310.76/t for the year.

Durum shipments totaled 5,653,997 tonnes.
$2,191,514,349 CAD was realized from these sales. Works out to $387.60/t for the year.

**Integrity_Farmer** · Feb 23, 2015, 13:04

Tweety just for you Richard Grays analysis
http://online.flipbuilder.com/iyqg/ovjj/mobile/index.html

Sask. Wheat says wide basis costing wheat growers billions