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Flex pro at 347.79 Hrsw ...how's farm link doing?

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  • timm
    Senior Member
    • Oct 2000
    • 178

    Flex pro at 347.79 Hrsw ...how's farm link doing?

    Cwb at 50 % sold
  • bucket
    Senior Member
    • Jan 2008
    • 17030

    #2
    Is that the program that you had 2 weeks in july to sign up?

    What happens if the crop goes to shit after you sign a contract?

    Comment

    • vvalk
      Senior Member
      • Jan 2007
      • 942

      #3
      Timm. So you are selling 100% at this price? Have you sold any of your product yet? How did you pay for your bills, by selling canola at a horrible basis because you couldn't deliver any wheat and when you did you got a buck for it. Are you going to wait a bit again to pick the highest price to date and then compare to a whole year pricing strategy. You aren't that naive to try to compare this way. How was the flexpro last year? They screwed you all year on it and is why I didn't sign up again for it.

      Comment

      • charliep
        Senior Member
        • Oct 2000
        • 9002

        #4
        Neither the flexpro or the fixed price contract have anything to do
        with the market prices directly. They are both tied to the pool return
        outlook. A pooling derivative as Larry called it recently. The
        difference between the two is an adjustment factor. Flexpro is better
        in a rising market (keeping in mind when you have to sign up). Fixed
        price contracts in a falling market.

        The producer payment options are one of the first issues the new
        board of directors will have to deal. Both in terms of providing
        products farmers can use in their marketing plans and in designing
        risk management strategies to protect the CWB pooling
        system/exposure. Hopefully the skill set is there.

        Comment

        • charliep
          Senior Member
          • Oct 2000
          • 9002

          #5
          Freudian slip. Fixed payment contracts. FPC and flexpro have nothing to do with price.

          Comment

          • timm
            Senior Member
            • Oct 2000
            • 178

            #6
            Cash price Sun Prairie Grain Minot 13.5 pro
            7.70...about same as FPC .Flexpro .50 better!!!!

            Comment

            • LWeber
              Senior Member
              • Nov 2007
              • 1432

              #7
              Billings, MT Area - in USD
              13 pct
              7.13-7.28

              14 pct
              8.78-8.93

              15 pct
              9.98-10.13

              Use this one Tim - it is closer to you than Montana is.

              http://newcentag.com/index.cfm?show=11&mid=6

              Comment

              • TOM4CWB
                Senior Member
                • Dec 2000
                • 16511

                #8
                timm,

                I never asked for, or gave permission... to the CWB... to put one kernel into the CWB pool accounts... let alone holds full of my families resources.

                CWB; Confiscating Wheat & Barley.

                There is a thief on the loose... I need help to stop that criminal!

                I do not quite get it timm... are you aiding and abetting the thief... or helping us cuff them?

                Comment

                • timm
                  Senior Member
                  • Oct 2000
                  • 178

                  #9
                  We actually have more options than a US farmer
                  delivering to Sun Prairie Grain in Minot.....

                  Comment

                  • TOM4CWB
                    Senior Member
                    • Dec 2000
                    • 16511

                    #10
                    timm,

                    It is just stupid to force me to sell our wheat as milling... before we harvest it and know the quality.

                    The CWB knows this... you know this... and the thief in the room is an elephant who needs to get out of our grain bins and bank accounts.

                    The elephant is the pool accounts... the CWB is just stupid to keep stealing from PPO contracts to feed pool returns.

                    We need a cash price with no pool tax, 12 months a year. We need to be paid the carry in the market if we sell late in the crop year... or to be able to sell into the next crop year if we save the crop. The CWB used to do this.

                    timm... you must admit there is a very long way to go on the CWB ppo system!

                    Comment

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