And by the way the simple average price is not a "spot" price, it is an average and it is highly relevant especially when you can't beat it.
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Vader what is wrong with quoting spot prices. So where then did all the money go from selling all the fixed daily price wheat for under net to the farmer. So the Pro is likely 1 to 2 dollars per bushel higher than it should be because so many good farmers donated from their bull shit fixed priced. These books need to be opened.
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If the CWB could get, 1,000,000,000 per bushel for grain this year. The marketeers on this site, would say, it's not enough, they could get 2,000,000,000 for the same bushel of grain. Doing it all with the assistance of their home PC and telephone. LOL inf
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burbert/vader
Vader's thread about farmers making millions and millions caught him double speaking again.
In that one he said perhaps the cwb cost the rich farmer 5 bucks a bushel for his durum. You can't just cost one farmer $5 a bushel - you cost all farmers.
Lets do the math. 5MMT = 183,700,000 bu of durum times $5 equals $918,500,000.00 !!!! yep thats pretty close to a billion and thats giving you mental giants the benefit that you only cost farmers $5 per bushel.
One question for vader - To become a liberal does your shoe size have to be bigger than your IQ?????
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Another problem,the cwb getting these prices for producers creates a market distortion because now dumb money is competeing with smart money.
People who can call markets and maximize returns in marketing dont get a fair shake because their competive advantage has been taken away.
Now that money that the cwb put into the hands of people who dont have a clue is competeing for land,inputs and equipment and driving up prices.
If the cwb hits its pros this year it will have done an astounding job,but will have completely screwed over the top 1% of farm marketers.
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