CAD and HRSW

[stonepicker]

I agree, fusarium and vomi are a bargaining tool for the grain co's, it's politics, they have to play the game too with the end user. The buyer wants to buy it cheap, the one who buys it from them wants to buy it cheap. It will always be that way. The producer will always be at the bottom, that's the way it is. Farming is a business ( value added )

[farmaholic]

The newsletter I receive from Weber(AAFC Weekly Price Summary) has West Coast port "asking prices" as for the week of Dec 9 for #1 CWRS 13.5 px at $325.96/tonne or $8.87/bu.... like bucket pointed out. So wouldn't that put the basis closer to $2 compared to what I received for my wheat.

Why do grain cos calculate their basis in different ways, some positive and some negative. Yeah I understand its our net price that matters but what would be wrong with consistency in presenting transparent pricing? I guess I'm just not smart enough to see through the muddy waters.

[farming101]

Up till the end of October the only countries to buy #1 CWRS were Japan, USA and S Korea(very little)

#2 is the flavour of the day

My guess is the asking price is not the sale price this year. Who knows

[farmaholic]

101...there's also the chance some sales were made at higher levels than the "average asking price" reported by AAFC.

Re basis: the old CWB days had total deduction off the price of about $1.65 for my area. We can always hope some efficiencies were gained and passed on in times of need but assuming it would be consistently less would be wishful thinking. Knowing it could be higher when they "signal" they don't want it at a specific time can be expected.

[farming101]

Some container shipments would fetch higher or much higher prices. The ones who stuff the containers keep that.
I don't think large bulk shipments have been fetching premiums for quite some time, maybe 2 years

[wmoebis]

Some container shipments would fetch higher or much higher prices. The ones who stuff the containers keep that.
I don't think large bulk shipments have been fetching premiums for quite some time, maybe 2 years

Wonder where prices on products like lentils would be if we were still shipping everything processed and bagged instead of letting line companies ship in bulk.

[canolacrazy]

I'm with stoney. too many on here snivel about what someone else is getting, or someone else is making off them.
set your price that you need and go get it. if you have a poor balance sheet that can't do that, it's your own fault. I don't begrudge anyone for running a tight ship and can wait for their price.
if you feel someone is ripping you off, don't do business with them. vote with your feet.

[bucket]

I really don't care what others make off me but for **** sakes be honest and transparent about it.

Reporting a plus 30 basis when it's more like minus 80 isn't helpful to any producer.

[farmaholic]

I'm out to extract as high a value for my product as they are out to get it as cheap as possible.... If you want to leave money on the table go ahead. But knowing what the stuff sells for at port is a very important piece of INFORMATION. As is total costs of getting it there so I can determine what is a fair price for me.

I don't want to be a mushroom and get fed bullshit!

[Hopalong]

To put the shoe on the other foot, any price a grower gets above the cost of production is profit.
That dirty word again.