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  • farmaholic
    Senior Member
    • Sep 2010
    • 17479

    #81
    .....will you Aussies quit feeding the market so much.

    Alot of grain commodities are favorably priced in Western Canada right now. Waiting for a decent response in the wheat market to price wheat, haven't priced a kernel yet.

    Comment

    • Guest

      #82
      Originally posted by farmaholic View Post
      .....will you Aussies quit feeding the market so much.

      Alot of grain commodities are favorably priced in Western Canada right now. Waiting for a decent response in the wheat market to price wheat, haven't priced a kernel yet.
      Us either plus 20% of last years

      Comment

      • malleefarmer
        Senior Member
        • Nov 2005
        • 5424

        #83
        Originally posted by farmaholic View Post
        .....will you Aussies quit feeding the market so much.

        Alot of grain commodities are favorably priced in Western Canada right now. Waiting for a decent response in the wheat market to price wheat, haven't priced a kernel yet.
        Basis a bit crook?

        Around the $293 on farm for standard wheat premiums and discounts apply allknown at time of contracting.

        $293 on farm is a decile 8.5 out of 10 so trades higher but not often.

        These prices are export based so traders here doing business somewere.

        Maybe your guys are asleep at the wheel Or its just blue advantage that could be alot. Depending on destination

        Comment

        • farmaholic
          Senior Member
          • Sep 2010
          • 17479

          #84
          Originally posted by malleefarmer View Post
          Basis a bit crook?

          Around the $293 on farm for standard wheat premiums and discounts apply allknown at time of contracting.

          $293 on farm is a decile 8.5 out of 10 so trades higher but not often.

          These prices are export based so traders here doing business somewere.

          Maybe your guys are asleep at the wheel Or its just blue advantage that could be alot. Depending on destination
          Freight is definitely a mid-point Saskatchewan disadvantage.

          Comment

          • malleefarmer
            Senior Member
            • Nov 2005
            • 5424

            #85
            Originally posted by farmaholic View Post
            Freight is definitely a mid-point Saskatchewan disadvantage.
            Thats why your land is so cheap 😉

            Can you convert to on farm price for me for say 11% protien standard milling wheat.

            And how much more of a rise your afterunless that’s classified secret mens business
            Last edited by malleefarmer; Oct 3, 2020, 04:07.

            Comment

            • farmaholic
              Senior Member
              • Sep 2010
              • 17479

              #86
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              Port price indicators, but freight and elevator basis need to come off of those quotes.

              Terminal driveway prices near the Ghetto struggle to reach $6.50.

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17479

                #87
                Originally posted by malleefarmer View Post
                Thats why your land is so cheap 😉

                Can you convert to on farm price for me for say 11% protien standard milling wheat.

                And how much more of a rise your afterunless that’s classified secret mens business
                I want at least $7/ bu

                The $6.50 that I said local prices struggle to reach is for July 2021 delivery(#1-13 to 13.5 protein)
                Current bids for same wheat is a bit over $6.
                11% Protien milling wheat is about $5.25

                All this is considered the Canadian advantage...
                Last edited by farmaholic; Oct 3, 2020, 04:22.

                Comment

                • malleefarmer
                  Senior Member
                  • Nov 2005
                  • 5424

                  #88
                  Originally posted by farmaholic View Post
                  I want at least $7/ bu

                  The $6.50 that I said local prices struggle to reach is for July 2021 delivery(#1-13 to 13.5 protein)
                  Current bids for same wheat is a bit over $6.
                  11% Protien milling wheat is about $5.25

                  All this is considered the Canadian advantage...
                  Whats your frieght and other deductions $50 or crikeys even more?

                  Comment

                  • farming101
                    Senior Member
                    • Mar 2011
                    • 3954

                    #89
                    An average western Canada deduction for CWRS would be around 92.50 CAD from the farmgate for the 2018-19 crop year according to Grain Monitor. I don't disagree.

                    Comment

                    • bucket
                      Senior Member
                      • Jan 2008
                      • 17027

                      #90
                      Originally posted by farming101 View Post
                      An average western Canada deduction for CWRS would be around 92.50 CAD from the farmgate for the 2018-19 crop year according to Grain Monitor. I don't disagree.
                      Can you explain where the 2.51 per bushel goes?

                      My thinking directly to the economy to help create jobs or revenue for graincos and railways.

                      And there is nothing wrong with them making money...but maybe the host ( farmer) could make a little as well..

                      Comment

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