where's the arbritrage

[bucket]

I also find it odd that people tell me that I should have priced earlier, made delivery plans etc.

Not one marketing rep said they were going to have a minus 3 dollar basis and not be moving grain come December 2013.

In November 2012, those same marketing reps would assuring me that I was the first guy signing flax contracts and movement wouldn't be an issue. Foresight and truth are not one of these guy's strong points.

Its funny but how would have that worked out if all us dummies would have priced when all the smarties did?

No one looks at the cause and effect.

Every one books early, we would have hit this roadblock earlier in the crop year but still been at the same point today because the government hasn't identified the problem and refuse to do anything.

It is a one way path to the west coast. Its pretty simple.

Luckily, Brad Wall got involved but that wasn't because of farmer pressure, if you have been listening to the radio, most here would have figured out that potash isn't moving either, and that is a giant problem for him. They have to go into the rainy day fund as announced yesterday. Bad news is always reported on a friday.

Why does a provincial premier have to get involved in a federal issue?

Wall really is making some federal officials look bad, hey Ritz, Raitt!?

And now the big analysis, where are all these so called farm groups that represent my interests through check offs??????

That's right, as both the Flax council and the SWDC told me , in not in their area of responsiblity. Better be soon, because their funding is going to dry up right quick with no deliveries, and farmers satrt asking for that check off money back.

Why wouldn't they want to get involved, all the research they promote is for nothing if the grain can't move.

Its pretty simple where the problem is.

The solutions require a navigator with a strong will to do what is right for the country. period.

[bucket]

Read this from the macpherson sentinel.
____________________________
Ag Minute: The World's Most Reliable Wheat
McPhersonSentinel - McPherson, KS
Writer
Posted Feb. 15, 2014 @ 9:00 am
Posted Feb. 15, 2014 @ 9:00 am


» Social NewsPosted Feb. 15, 2014 @ 9:00 am


U.S. wheat is the world's most reliable choice. This is the message U.S. Wheat Associates takes to our foreign markets through its 17 offices all over the world.

Shannon Schlecht, vice president of policy, spoke to the Kansas Wheat boards and at the Kansas Commodity Classic. He told growers that Kansas is very important to overseas buyers.

"Kansas is the biggest hard red winter producing state so customers do want to know what's happening in Kansas so they're always interested to stop and see what's going on here in Kansas.
And the impact that it might have on their purchasing decisions or on the wheat market in general."

U.S. Wheat Associates focuses on value, rather than price. Although buyers might be able to source cheaper wheat from elsewhere, U.S. wheat can provide our customers with a better quality product.

"One of the main focuses of our work is really to look at value. We do a lot of work, especially in Latin America, as to how can hard red winter perform better and be a greater value to our customers than Canadian or Argentinean wheat."

Schlecht also discussed the impact of the passage of The Agriculture Act of 2014 on the work of U.S. Wheat Associates.

"With the farm bill being passed, in the trade title, there is funding for the market access program and the foreign market development programs. These are cooperator programs that U.S. Wheat Associates uses to do our overseas market development work in addition to the checkoff funds from the 19 state wheat commission members."

He said the work that U.S. Wheat does on behalf of producers is essential.

"We have competition around the world. Wheat is grown in many different countries. Buyers have opportunities to go and source their wheat from different regions. Having lived overseas, I can tell you that it is critical for us to maintain those relationships and to go visit our customers on their home turf and to build that relationship and to have a name and a face for the U.S. wheat producer around the world so that our customers know who they can reach out to if they have a question, if they need education, or need some help as to how to purchase U.S. wheat. They know exactly who to turn to, and we can assist and make sure that we keep us wheat in front of them as the most reliable choice and the best value for the products they need to produce."

Kansas wheat producers, through their two-penny per bushel checkoff, are able to maintain these relationships all over the world.


Read more: http://www.mcphersonsentinel.com/article/20140215/NEWS/140219543/1001/NEWS#ixzz2tPJKblR6


______________


Two things I take from the article.

1. Every load a Canadian hauls down there makes them look better!!!!

2. Nothing matters if Canada can't get their products to the market!

[fjlip]

Thanks for the summary bucket, agree 100%.
Too bad for farmers the continent was sliced east and west, along time ago.

[grassfarmer]

"Sawfly, bringing up the CWB is probably
one of the most unconstructive things we
can do in this situation. It's gone time
to move on."

Ado, I think you couldn't be more wrong. An
understanding of the lessons of history are crucial.
There has been enough hot air expended on here in
recent weeks to have taken the grains to port in
blimps. Digging canals, building grain pipelines,
opening the Canadian livestock sector to foreign
investment, Nationalizing the railways, hot air
balloons.
Sure the CWB single desk would have struggled to
move a huge crop too but they had a system and part
of that was the influence they had over the railways.
Most of you on here were eager to experience the
"free market" without Government interference and
ridiculed those pointing out the dangers of corporate
control.
The people that knew their history, like the NFU were
asking the right questions then. My friend, the new
president of the NFU, grilled his MP two and a half
years ago during a meeting re the CWB as to what
their plan was to keep the railroads in line once the
single desk was abolished - he had no answer then
and he has no answer now.
He will be reminded of that conversation shortly when
we meet him on the C-18/UPOV '91 legislation issue.
Again the NFU leads the way fighting the important
issues of the day. We need to get this stopped and
time is running out - 3rd reading may pass in a few
weeks.
Our Government direction is being driven by the tens
of thousands of full time corporate lobbyists in
Ottawa and has no interest in how an individual
farmer's living might be affected. Time to change the
system, not just replace Cons with Liberals, but to
change it so that Government is answerable to the
people again. To do that farmers need to form a
broad coalition with other citizen groups across the
country.

[TOM4CWB]

Bucket,

This has happened before with the basis and back ups.

If we had a drought... the basis would be fixed.

If we go through a year of high basis... new channels
to the US will open up... and BNSF will haul ever
increasing amounts of CP grain... as will CN.

When it warms up... after breakup... increase in
capacity will occur on our rail system.

Canadian Canola is VERY cheap vs soybeans...

We growers should crush our Canola and burn it in
our equipment... it is so cheap.
$1.25/L X 4.54 is $5.65/gal we are paying for diesel...
x over 2 gal per bu of fuel per bu of Canola. And that
leaves the meal to sell as total profit on top.

Any way we look at it... this basis and low price will not
last. If some one would make a self contained crush
and bio energy generator... Canola has to be worth
over $15/bu right now.

There is the 'Arbritrage'

Innovation always breaks down shortages... for Black
oil (fracking)... and our green oil as well!

Who has to sell next years crop... in Feb before it is
even planted yet???

We are being bamboozled out of $$$billlions if we fall
for these slick sales jobs elevators are spouting!!!

NOW is the time to build bins... and store all the canola
that we could buy at $8/bu!!!!

Cheers!!!

[bucket]

TOM

Bill gates and Warren buffet are friends.

Bill owns CN, Warren owns BNSF. They are not going to fix anything but their profits for the benefit of themselves.

We have been sold out.

Even though I voted for Brad Wall and David ANderson, their interests are not for producers.

Wall is god damn worried about the potash moving now and more so in the future, which only means grains drop down another step.

Anderson is currently on board with the railways, that is why he asks if I would accept commercial freight rates.

Here is a solution, use the rail cars from Canpotex that have been sitting idle for quite a while to move grain.

They could revamp the advance system to get contracted grain paid out, then it wouldn't matter when they called for it.

The newCWB could offer up some flexible programs that would gain farmer support and rattle the graincos, the ****ing pee-ons won't even pass a good idea on to management.

And maybe Anderson and Wall could phone up Harper and explain the problem, it is pretty simple.

Great that you can store grain, I hope to get there eventually too, but my grain should be moving to pay bills.

[TOM4CWB]

Grassy,

Trust an organic beef producer to tell me to trust in
the gov to fix our problems. I am not buying it for one
moment. Just like the Alberta DOT enforcing 'rules'
that have no impact of safety... to fill quotas to pay
their own wages... the CWB is a bad idea.

Lets do this Canadian Western Beef (CWB) trick...for all
organic beef... and make you share your 'exorbitant
profits' with other beef producers in western Canada.

Then you can share your wealth with me... this time...
(No doubt it will lower the cost of beef to consumers
when prices fall and the basis swallows up your profit
margins)

Cheers!

[bucket]

TOM

To continue my dribble.

You also must realize that BNSF got called in front of state officials and were told to do something sooner than later.

BNSF is going to do something.

Warren is a friend of BO - POTUS.

There is no ****ing around with these levels of people. They get things done before it is a problem.

Might I add buffet's son is a farmer.

Our government gets 5 ****ing minutes to drill railway officials, that were snubbing their noses at Hoback the other day. That meeting should have ended with a concrete penalty structure to get both the railways and grainco cleaning up the mess they created.


Not so in Canada, we send our pulling power to the states, haul our grain to the states and our government continues to study the ****ing crisis.

OR creates more crisis by telling farmers to go get an advance that can't be repaid before the September 30 deadline, because not one grainco is taking grain until october.

[ado089]

Grassy, the cwb never forgot
their original mandate which
was to keep prices low
during the war. Our issues
today are complacency, we
have complacent rails,
complacent grain companies
and even complacent farmers.
When there becomes too much
complacency the people at
the bottom get the shift.
The old cwb was complacent,
now they are gone.

[TOM4CWB]

Bucket,

You are kidding me... Right?

BNSF and US grainco's are breaking into the Alberta
grain markets now.
This 'royal pillaging' of western CDN grain growers is
being observed globally...
and it is attracting investment on border facilities as
we speak.
Warren and Bill do NOT control CN and BNSF... and on
top CP will be the biggest looser... not CN.

Lack of service and political manipulation will cost
Hunter far more than he bargained for when he pulled
this 'fast one'.

Rail safety and capacity are two most important
components Hunter neglected... in his recent moves...
that will bite back hard in the backside of CP. The good
workers at CP who were laid off can easily find jobs in
western Canada... and all the training and investments
CP made in these people... are lost...

PEOPLE are the most important element to success in
any business... Hunter forgot this no doubt.

Railways have known (or should have known) since Aug
1st... that a big crop was in western Canada.

All good reasons to sell CP stocks... they have a CEO
with a 'best before' that has expired!

Cheers!