Warburton Wheat and the CWB

[lakenheath]

50 cents not 50%

Where are you from?

Our weather plays a major role in the quality of our grain also. We do have an advantage in that regard.

Hopefully we can keep the Warburton contracts, but if not we should be looking for other niche markets like this one.

[chaffmeister]

Lakenheath: Last time I talked to anyone in-depth about Warburtons, the majority of the premium paid went to the pool.

Question - when we talk about the Warburtons premium, is this over the pooled price, over what the "market" is at the time, or over the CWB's selling price at the time?

[AdamSmith]

I contracted Barrie this year to Warburtons. $20/t premium.

But I lost my trucking premium of $7/t

Wheat graded #2 with Warburton, getting #1 for the same wheat at an AU HTP elevator so that's another $4/t

Had to buy cert. seed for the Warburton
vs cleaning my own. That extra cost worked out to about maybe $3-$4/t.

So the true net premium for me this year, backed off to the farm was $5/t.

When Warburtons first came to MB, back in about 94 or 95 the rep came out and talked to the local growers, I asked him what they were paying for this wheat basis their mill. He told me It was huge so we backed off all the costs like England shipping and Ocean freight, right back to Thunder Bay at the time. Then deducted our freight and elevation costs added in the then $30/t premium and we calculated there was still $75-$80 per tonne missing.

That's what goes into the pool, then they lowered the premium to grab even more.

This year was the first year since that first year that I grew warburton.

Probably won't next year.

[silverback]

I know I have been awake way too long, but if the warburton contracted wheat pays the premiums to the farmers who are growing it, why are the premiums from the fpc/dpc dumped into the pool accounts.????

Sorry, tired.

The varieties listed aren't all that odd are they?

[ianben]

lakenheath I am in UK near Liverpool not too far from Warburtons bakery. I think your wheat will pass our farm on the way there but will be flour by then.
We deal in tonnes only over here, no bushels, so this is why I misunderstood.
Adams $20/tonne I understand and would be equivalent to the £10/tonne Warburtons pay for Herward(their favored milling variety here)but again that is for a grade above 1. They really do want only the best
Here the farmer would recieve all that premium personally with no deductions other than normal ones on any other grade.
I have never managed to make this grade but is run the same as the Coors malting contract they do for barley which I can meet.