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CWB's little black book

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  • charliep
    Senior Member
    • Oct 2000
    • 9002

    #11
    wilagro

    Perhaps you can help me on malt barley. Page 43 of the annual report shows a $13.45/benefit for malt barley. Page 50 of the annual report shows a port based returns for malt barley of $194.41/tonne. Feed barley pool "A" was $194.41 (page 53) and pool "B" $260.18 (page 55). I assume the difference between malt and feed barley is timing of sales. How can you compare CWB asking prices to outside markets if the sales department is not active that month? How does the CWB average out sales when there are effectively no real hedging tools for malt barley? Where did the benefit come from?

    Comment

    • wilagro
      Senior Member
      • Apr 2000
      • 2761

      #12
      I am sure that the CWB regards many of the enquiries into their operations as being vexatious, hostile, and nothing more than hassles from their "non-supporters"...a kind of behaviour designed to hamstring them and deter them from doing their duty towards the farmers of the DA.

      I had a boss like that once, who was always "double-checking" everything I did. I straightened him out on that rather quickly and told him to do the job himself if he didn't trust me to do it. He backed off and I worked for him for a dozen years or so. Maybe if you guys "understood" how grain marketing really works, you might back off too.

      Comment

      • gregpet
        Senior Member
        • Mar 2007
        • 770

        #13
        Please enlighten us Wilagro, how does grain marketing work. Better yet someone else marketing my grain without consideration or knowledge of my financial situation.

        Comment

        • Fransisco
          Senior Member
          • Feb 2007
          • 3859

          #14
          Willy I would be more than happy to do the job myself. That is exactly what I want, to sell my own grain.

          I am not interested in having you as a business partner, same goes for Toews, Korneychuk, Ritter, Flaman et al.

          Thanks for finally coming on side.

          Comment

          • gregpet
            Senior Member
            • Mar 2007
            • 770

            #15
            Good point Fransisco, Wilagro you asserted yourself and it worked fine. That is all I am sure most independent thinkers want. The freedom to market our own grain to whomever and whenever we choose and at what price. Thank you Wilagro.

            Comment

            • cropduster
              Senior Member
              • Feb 2001
              • 666

              #16
              I DON`T BELIEVE IT!! DOES THIS MEAN WILAGRO IS A DUAL MARKETER?????????

              Comment

              • silverback
                Senior Member
                • May 2005
                • 1697

                #17
                Wilagro's Grain Marketing Theory - " Here, take my grain quick and send me a cheque later, I can't be bothered to figure it out myself!!!"

                or shorter " Take my grain and send me a cheque"

                or shorter " huh? "

                Comment

                • chaffmeister
                  Senior Member
                  • Feb 2001
                  • 1208

                  #18
                  wilagro thinks "none of you have a clue about what you are talking about..."

                  I think some of us do....

                  Comment

                  • LWeber
                    Senior Member
                    • Nov 2007
                    • 1432

                    #19
                    Spies Like U.S.:

                    This week the bored sold wheat $50.00/MT under 4 American companies offers and $2.00/MT under what they gave to one of their agents.

                    June July delivery.

                    I saw all the offers (6 in total) in a little email with a black heading, and it is therefore, now an irrefutable fact. Post it to the bible.

                    Comment

                    • Burbert
                      Senior Member
                      • Jan 2007
                      • 2242

                      #20
                      The marketeers on this site, each use a crystal ball, to determine how they would/could sell their high quality, perfect grain, and constantly get the best price possible. The crystal ball that they use, is hindsight, coulda, shoulda, woulda done better than the CWB, each and every time, made more, kept more, got more, each and every time. To bad that real life isn't that way!

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