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Bloomberg:“Russian wheat is far cheaper,”

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  • westernvicki
    Senior Member
    • Mar 2014
    • 867

    #21
    Welcome to the new face of competition, better hope efficiency and lower cost handling and shipping starts to enter the industry. Eroding farm values as a chief source of global competition will not be enough; welcome industry to a whole new arena.

    Comment

    • tweety
      Senior Member
      • Nov 2014
      • 3059

      #22
      A new big NH combine today is around $750,000 cdn. There may be reality checks on more then just farms in the coming years.

      Comment

      • TOM4CWB
        Senior Member
        • Dec 2000
        • 16511

        #23
        Bucket,

        Bunge DOES use futures on the vast majority of Canola bought... and they provide "Act of God' protection on 1/3 of Nexera Canola Contracted. Plus they pay the freight to Crush Plant door.

        Dealing with end users is great; they are a wonderful part of our farm. We see what is needed... and respond to make the best product for them. Seeking Value is the key to healthy marketing relationships. On both sides.

        Comment

        • TOM4CWB
          Senior Member
          • Dec 2000
          • 16511

          #24
          Riders,

          Don't need to smoke dope... enjoy being a farmer... growing good food for a hungry world is fun!

          Now with the CWB monkey off my/our families back... and freedom for our family farm,,, we can work to create value for our families and friends next generation!

          Why my forefathers started here in 1881!

          Thanks for the insults... guess increase your satisfaction when pushing the 'Submit" button!

          Bless you!

          Comment

          • SASKFARMER3
            Senior Member
            • Feb 2006
            • 14485

            #25
            So what shit variety are you growing in Rose Coloured Alberta.
            Finest feed wheat around.

            Comment

            • bucket
              Senior Member
              • Jan 2008
              • 17045

              #26
              Tom

              Good thing you can look past the fact that the Saudis were allowed to buy a strategic resource in canada.

              BHP wasn't allowed to do that.

              Harper and the rest of them are selling out canada. Oh well you won't notice when you are an infidel.

              Gotta start looking past the end of your nose Tom.

              Comment

              • Braveheart
                Senior Member
                • Feb 2001
                • 3257

                #27
                In the 90's during that wheat glut era, the Americans used EEP to export wheat and gain market share. Now currency values are allowing Black Sea exporters to push their supplies on the world.

                It's not Harper, crooked grain cos, and this time not even the CWB keeping values down. There's a glut of wheat worldwide, stagnant demand, and economic woes elsewhere that's at fault.

                Comment

                • bucket
                  Senior Member
                  • Jan 2008
                  • 17045

                  #28
                  But the American farmer still has a bankable support program.

                  To the point it really doesn't matter what the price of wheat is. They know they are supported and by extension a valuable resource to the economy.

                  Not so in Canada.

                  Comment

                  • farmaholic
                    Senior Member
                    • Sep 2010
                    • 17488

                    #29
                    You mean the world never was, or will ever be, in danger of starving?

                    Comment

                    • riders2010
                      Senior Member
                      • Aug 2010
                      • 2205

                      #30
                      Lots of value in feed wheat tom?

                      Our programs have been destroyed by Harper. The u s a and other countries have programs which make the world price irrelevant most often.

                      But he has good programs for foreigners to buy us out and all of our resources.

                      Comment

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