The myth of the Canadian open market....

[bucket]

....ended yesterday when the ICE delisted the wheat durum and barley contracts....

The friday family tea might bring out that 100 year old bottle of scotch to celebrate tonite. ....

[sumdumguy]

Translation please.

[farmaholic]

Pretty easy to understand.


Besides we try not to keep things around that aren't used either.

They say no liquidity....

[Kinger]

Ask any elevator if they used durum futures.

Answer is no. It's too thinly traded to be able to make a trade on it.

It sucks and I wish it was still up but more heavily traded. But I also see why it was de-listed.

[bucket]

It takes an industry as a whole to make those futures successful. ...graincos, farmers, endusers and fund and speculators have to buy into it.....

No one bought into using them....which tells me the Canadian trade is between buyers and sellers....or tendered grain sales. ...price is determined ....

The whole issue is sad because the Canadian industry could have been marketed as a premium product....for durum and wheat but now it just competes with black Sea prices and quality....

[danny W1M]

Taking a position on something so thinly traded, is asking to be hung out to dry.

No one took a position because it was so thinly traded, so thinly traded because no one wanted to take a position.

Just like the infinity symbol.

[Bowerpower]

It takes an industry as a whole to make those futures successful. ...graincos, farmers, endusers and fund and speculators have to buy into it.....

No one bought into using them....which tells me the Canadian trade is between buyers and sellers....or tendered grain sales. ...price is determined ....

The whole issue is sad because the Canadian industry could have been marketed as a premium product....for durum and wheat but now it just competes with black Sea prices and quality....

Premium product? That would be a nice thought. Most countries will buy whatever they can get cheapest. There are a few markets but we both know primary producer won't get that premium. Produce more for less. Only way to survive..... nobody gives a shit where the product comes from.... we are not special in Canada....

[Klause]

It takes an industry as a whole to make those futures successful. ...graincos, farmers, endusers and fund and speculators have to buy into it.....

No one bought into using them....which tells me the Canadian trade is between buyers and sellers....or tendered grain sales. ...price is determined ....

The whole issue is sad because the Canadian industry could have been marketed as a premium product....for durum and wheat but now it just competes with black Sea prices and quality....

A premium product that's full of fuz and sprayed with glyphosate preharvest? LOL.


Was in a net meeting this morning. With the EU gly ban... Importers like italy are getting ready to test for and reject cargoes of wheat where glyphosate residue is detected.

[dave4441]

A premium product that's full of fuz and sprayed with glyphosate preharvest? LOL.


Was in a net meeting this morning. With the EU gly ban... Importers like italy are getting ready to test for and reject cargoes of wheat where glyphosate residue is detected.

This is a big issue. I tried to ship some glyphosate free lentils for Turkey (and therefore Europe). Found large green lentils sprayed with Reglone that i know grower well. It came back positive for glyphosate and it was not sprayed. Trace levels in the environment.

[sumdumguy]

This is a big issue. I tried to ship some glyphosate free lentils for Turkey (and therefore Europe). Found large green lentils sprayed with Reglone that i know grower well. It came back positive for glyphosate and it was not sprayed. Trace levels in the environment.

Organic guys who have never used an ounce of glypho ever have samples that come back with residue. Could be the tests are flawed.