Rick Mercer on CWB

[charliep]

I look forward to day you can explain to me why there is a $2/bu discount on a durum fixed price contract. Or why there durum growers are asked to deliver for 50 % of their expected total payments with no adjustments payments in the near future that I can see.

[blackpowder]

Year long price pooling, and equally paced selling timeframes.
These things need a monopoly to survive, but the monopoly did not need them.
They were pillars of the religion.
Never questioned, so no one ever had an answer!

[Hopperbin]

Read Mercers lips before the best blow job ever.

GTFDFYC

Grow the ****ing durum for your country

[furrowtickler]

agstar - answer charlies question....

[charliep]

Didn't include the US price. From North Dakota Wheat Commission (a little out of date - October 21).

Durum
Durum cash prices in North Dakota remain in the $12.00 range, prices have changed very little in the last two months. At 52 million bushels, U.S. durum production will be less than half of what it was a year ago and the lowest since 1988. Ending stocks in May of 2012, however, are expected to decline only 20 percent to 28 million bushels. Higher than average prices and tight supplies are expected to reduce both domestic and export use. Domestic use is expected to fall from 98 to 85 million bushels as pasta manufacturers substitute in other classes of wheat. Exports are projected to be half of what they were a year ago at 20 million bushels and the current export pace confirms that prediction. Producers aren't selling and buyers aren't buying so prices may not see much movement for a few months until buying picks up again. Even with better Canadian production, world durum ending stocks will continue to decline.