Musical ships

[nicolaas]

I am sure it is for wheat, and it is for grading issues. It takes a while to get enough no.1 13.5 at each companies terminal. Lots of lower protein out there.

[Braveheart]

Wheat exports from Canada have exceeded last years levels year to date. World supplies still burdensome.

We are reducing our wheat acres and what inventories we have will be labored for now.

[bucket]

The only transparency in this new system is that farmers are still paying the bills and it is a cluster****.

[RTK]

Farmaholic - I hear what you are saying on accountability. The Grain Co's and rail lines are accountable to their shareholders - to make money. We as farmers need to hold them accountable to us but how - is governmental control our only answer... I am destroying my yard hauling Jan contracts as I type... I am part of the problem. If I demanded they be accountable and to taking my Jan contract in Jan and just showed up and delivered it would solve my problem short term but long term I am looking for a new delivery point. To be honest I need them more than they need me as an individual as group things change. Is our only answer more government? I think as producers we need to find our own solution - we need to act as a group but good luck with that because we are all competing against each other.

[Rareearth]

If I was a ship owner, and rates are break even or below cost( need income, just like new drilled wells) I would wait on the west coast for a new order as well. For lots of different reasons.

[bucket]

Rareearth


So by that same reasoning should farmers with contracts at shittier prices wait the delivery out and reprice at higher levels.

Will that work?

[bucket]

Governments need to work as regulators and a policeman when things get ****ed up.

The episode in 2013 had no penalties or repercussions. So the government has no will to act as such.

Rate increases are rubber stamped.


And what about a costing review?

[farming101]

Can't be protein problems. The Farmgate interview said poor premiums for protein this year.
1600000 tonnes of wheat other than durum in primary elevators and not in position. That's
the problem.

[wmoebis]

Is Richardsons the only company this is happening to? Where does one get this info?

[wmoebis]

Transparency would be nice to see what quality is in store and what the ships are waiting to load.

Are country elev delivering proper grades and protein for orders?

You can take 1 sample to 5 elev and get 5 dif results of grade/DDkgand prot. Are they shipping as accurately?

No universal standardized training.