Thoughts?

[Zaphod]

The only problem in Australia was the speed of the deregulation. You simply can't make the shift that quickly. Give them another year and all the wrinkles will be ironed out.

[parsley]

Perfect point Zaph.

[craig]

comments from the board are as normal. Not neccesarily the truth but purposely designed to instill fear in canadian producers. Remember how we had canadian NFU members go to Australia and tell everyone how bad GM canola has been for Canada. This forray to Australia is no different than the board hiring a friend to do a study where the conclusions are already known prior to writing the report.

[malleefarmer]

Current cash prices port
Subtract $18 for rough average on farm price for apw wheat our "standard wheat"
$217.00 $213.00 $219.00 $221.00 $213.00 ABB $10 $8 ]$8 ]$25
AWB $226.00 $219.00 $228.00 $232.00 $232.00 AWB $12 $8 ]$12 ]$30
Cargill $216.00 $211.00 $216.00 $225.00 $220.00 Cargill
CBH $225.00 $220.00 $227.00 $228.00 $223.00 CBH $12 $8 ]$10 ]$25
EP Grain $224.00 EP Grain
SQP $222.00 $222.00 SQP
AGE AGE
C State $220.00 $220.00 $220.00 C State $12 $8 ]$10 ]$30
Riordan Riordan $13 $8 ]$15 ]$25
G'Corp G'Corp
Dreyfus $202.00 $202.00 $202.00 $217.00 $212.00 Dreyfus $10 $6 ]$20 ]$35
ETG $225.00 $220.00 $227.00 $230.00 $225.00 ETG $10 $8 ]$10 ]$25
Glencore $214.00 $209.00 $214.00 $223.00 $215.00 Glencore $15 $8

[malleefarmer]

So australia is the only counrty in the world with depressed prices

How is canada immune from the fall?

Problem at our ports is Grain Companies run the ports in Vic/WA SA and NSW to a degree

The problem isnt demise of single desk its monoloply control of ports by grain companies making it difficult for other traders.

Vitterra assure growers here they will give fair and open access once they takeover abb and gain control of ports here in South Aust

Graincorp, WACBH,ABB are the companies which control stroage and handling and on the face of it they two sets of rules one for traders one for themselves and different fee structure.

Anyway weve had decent rains this week which may get my crops to average or a tad below many areas here will have record harvest

[vagabonddreamer]

malleefarmer...you must be mistaken...it is impossible for large multi-national corportations to control vertical sector economics...SURELY some other large multi-national company will suddenly materialize and provide INSTANT competition...pushing the price of grain THROUGH the roof and taking cattle and hogs along with it...

this vertical sector economic control is NOT happening here in North America (Canada to a larger extent) in the cattle sector either....ergo...you never hear complaints from the cattle guys on the beef community about depressed prices and lack of producer control...vs

[Choice2U]

vaggabonddreamer get your head out of the philosophy and into reality. The terminal concentration happened under a single desk. Now that it has opened up, competition is limited only until multi-nationals get other facilities built. Viterra saw an opportunity to buy a market share (ABB owns most of the port facilities) that wouldn't be challenged for a few years so they could hit the ground running and stay ahead of those that have to build.

[vagabonddreamer]

actually Choice2U...i think the existence of either single or multi or NO desk has little to do with competition in a vertical sector...there are NO marketing boards in the cattle sector..and for all intents and purposes...one company controls the entire canadian herd...we the ranchers are merely keepers of THEIR animals on our land and at our expense...ergo...the multi-nationals make the CWB and any other single desk marketing board in the WORLD look like chump change...vs

[Fransisco]

Wouldn't have anything to do with M COOL now would it?

[vagabonddreamer]

i thought about that fransisco...but American producers are only SLIGHTLY better off than we are...Mcool has not helped their cause much to this point..

i guess my point was that we get so focused on the effectiveness or lack of effectiveness of marketing boards (in general)...that we lose sight of the fact that from a heirarchal perspective...they are a drop in the bucket...carghill could buy and sell every marketing board in the world a hundred times over...

these vertical market issues would have occured with or without MB's...the multinationals pay no attention to them...they simply work in and around them...a minor annoyance in doing business....vs