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Factors You Are Watching/Strategies?

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  • TOM4CWB
    Senior Member
    • Dec 2000
    • 16511

    #11
    Charlie,

    I am starting to question whether a hedge on the CDN$ / US$ (long) isn't in order... It is hard to fathom how we can stay down this long... I see the AU$ is at a 3 month high over $.71.

    Comment

    • cottonpicken
      Senior Member
      • Apr 2006
      • 6993

      #12
      It is not out of the realm of possibilities that the canadian dollar could double in the next 12 months.

      Comment

      • AdamSmith
        Senior Member
        • Feb 2001
        • 1211

        #13
        Good post Tom, of course you can't compare this to Canada (actually it's as close as a comparison as possibly can exist, but I'm sure that will be the "talking points" from the cwb and its brethren)

        The CWB can exist without its monopoly and can continue to offer its services to those who desire to do business with it. But just like Australia it will have to be legislated to compete.

        We’ve gone through the “director election charade” and we can safely say that we now know exactly what we have already known for the last ten years. The farm community is divided between apathy and two polarizing positions.

        Now its time for Steve and Ritz to quit F bombing around and get the votes required to pass competitive grain marketing legislation. It’s time for Ritz to grow up and start talking to Liberal MP’s, and find the dozen votes needed to pass the legislation. The time for childish ridicule is past. Dust off the task force report, rework it to fit the circumstances (wheat and barley must be done at the same time), go to Iggy and John McCallum, act like adults, and GET ER DONE.

        The CWB will never initiate it themselves, even if our side wins more directors. It must come from Ottawa.

        Farmers can decide what becomes of the cwb itself, but the monopoly is for Ottawa to decide alone.

        Comment

        • TOM4CWB
          Senior Member
          • Dec 2000
          • 16511

          #14
          A. S.;

          Will be interesting to ask President White tomorrow... a few questions!

          WCWGA in Winterpeg...7-9

          See you there!

          Comment

          • malleefarmer
            Senior Member
            • Nov 2005
            • 5424

            #15
            Tom the AWB have turned into a super competitive company, there pools lead the pack by far and there cash prices are usually the top of the tree as well.
            Would suggest they still got 65 to 70% of the wheat in aust.

            Marketing nothing absolutely nothing has changed if you wish to pool wheat you can with the choice of around i think 14 pools to choose from and cash markets with probably 25 buyers

            cheers

            Comment

            • dave4441
              Senior Member
              • May 2003
              • 1080

              #16
              makes me tingle

              Comment

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