Old prices

[GOODRUM]

Found these in the glovebox of an old truck,

[blackpowder]

Somethings you cant explain to younger farmers.

[macdon02]

What was the deduction at tisdale to get it to port? -$1.40 Is in my head delivered melfort.

[edl]

Oh the good ole wheat board days lol kept farmers very depressed

[Guest]

our last board grain delivered viterra tisdale or whatever it was back then was $1.65/bu

[MBgrower]

1999-2000 were fun times to be farming. I remember canola bids were under $5/bu, oats at 1.25. Some young guys now have no idea how low prices can go.

[Sheepwheat]

1999-2000 were fun times to be farming. I remember canola bids were under $5/bu, oats at 1.25. Some young guys now have no idea how low prices can go.

Invigor 2153 seed was under 3 bucks a lb. prices were low, but those were money making years on this farm. Canola wasn’t under 5 for long...

[SASKFARMER3]

That was the reality with CWB. It was a rough time period.

Canola was way cheaper in the 80s. and we had USA and Europe supporting farmers Canada said let them fail it's a worthless industry.

History is coming full circle but this time they will support again research and tec and farmers will fall by the wayside.

Were worthless to the Canadian system.

[wmoebis]

I know it was a pain waiting for payments but what was final net returns in that year?

[Integrity_Farmer]

Does anyone remember the US Export Enhancement (EEP) program that was around at that time?
How the Export Enhancement program worked was that the US offered export subsidies to the US trans national grain companies. So a US company would make a sale to another country processor etc. They would sell them two bushels of wheat and send the third one free.

This caused our cowboys to run the border because the US domestic market was not subsidized and was higher than the world price. Of course they blamed lower prices on the CWB.

Of course the Canadian government at the time set out to and eventually removed most of the farm support programs. They ended GRIP, reduced the governments contribution to Crop Insurance, eliminated the two price wheat system, eliminated the The Crow Rate (WGTA crow benefit) income tax breaks etc.
Of course US farmers retained their farm programs and the US export enhancement program went on for years. I believe the US calls this free trade.
I remember the feed wheat price in 2004 was decimated by the EEP program the US had used on sales on of corn and feed grains.