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Ilta Grain

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    #16
    Ok guys fill the glass to the top.

    The banks are secured, and they did the due diligence, and anyone that thinks other wise should throw the bottle cap out.

    Every market and commodity has a cycle. With the wisdoms and comments here we are lucky to have blacktop highways, or any other businesses.

    We are a high cost of production supplier (Brazil Argentina Ukraine Russia Africa India China) we have mechanization but doesn’t mean we are lower cost or better quality etc

    The main issues are political then cost. We truly live in a global market place, more than ever.

    Who and how will somebody buy your business? Even the Huts finance, and from time to time fail for many different reasons.

    Hope it rains again and soon

    Comment


      #17
      Originally posted by Rareearth View Post
      Ok guys fill the glass to the top.

      The banks are secured, and they did the due diligence, and anyone that thinks other wise should throw the bottle cap out.

      Every market and commodity has a cycle. With the wisdoms and comments here we are lucky to have blacktop highways, or any other businesses.

      We are a high cost of production supplier (Brazil Argentina Ukraine Russia Africa India China) we have mechanization but doesn’t mean we are lower cost or better quality etc

      The main issues are political then cost. We truly live in a global market place, more than ever.

      Who and how will somebody buy your business? Even the Huts finance, and from time to time fail for many different reasons.

      Hope it rains again and soon


      every one of the countries mentioned supports their farmers,,,,and Canada is actually throwing more money at other countries than they are at western canadian primary production....

      45 million to the ukraine?
      250 to the asia infrastructure bank?
      50 million tweeted to Trevor Noah's cause??????

      When was the last time any country wrote Canada a cheque?

      Comment


        #18
        Lots wrong , and we are definitely
        Too high cost.
        Some of which us our own fault.
        Land prices and rent.
        Pretty hard to point the finger on that one

        Labor cost has been out of our
        Control.
        Competing industry's and people need money to live.
        Not much we can do about that.

        But
        How much has our third world transportation system cost the country. In lost sales and sclapers
        Profits.

        Seed and fertilizer and chem and grain co.s
        have had govt.s at there beckon call.
        Why don't you know your product
        Is worth FOB the port.

        No excuse for seed to cost what it does. A Cartel.

        No excuse for N fertilizer in a country swimming in natural
        Gas to have a world price plus freight cost.
        For N made here.

        Liberals and conservatives
        Work for the other guys.

        As for handouts
        Maybe not the Ukraine but.
        I am going to disagree with you
        On helping the third world get off
        The ground.
        Countrys with nothing are not buying our stuff.
        When they get on their feet they can afford a chicken or a beer.
        And there is a lot of them.
        A home for our product.

        Comment


          #19
          Should there not have been someone in the know to let farmers know that ILTA grain was having issues?


          What the **** do checkoff funds go to either through the CGC or any host of checkoff funding?


          CGC will cover this but why do these agencies not pay attention?????

          Comment


            #20

            Comment


              #21
              They should have never been licensed. ....seems like this is a rinse and repeat bunch....


              It's too bad the CGC people don't exercise their authority. ..

              Comment


                #22
                But high-Sell low, yep that’ll work.

                Comment


                  #23
                  They should have bought a railway....then they would be .."in the money" for their shareholders...and should have taken a position in the GTH....real "easy" money there...


                  If you guys are following what I am saying????

                  Comment


                    #24
                    The creditor list is out and it’s huge !!
                    7 pages !!!
                    One BTO by BlaineLake is out $1.3 mil
                    Several local guys here had cheque’s yanked from their banks . This is not good at all .
                    My bet is that anything sold there the past month or so will be lucky to see $.10 on the dollar .
                    This will be a huge knife in the back for a lot of producers .
                    One buddy I know is out a lot . Said his entire last years profit just vanished.
                    Not good in an area that is just making ends meet after last falls shit show .
                    And no Sask crop insurance don’t fukin cover that .

                    Comment


                      #25
                      Farmers have to do their own due diligence but their are agencies that really fell asleep here..

                      They should be reporting to CGC and CGC must have heard complaints long ago about this....You don't end up with a list this long ...

                      SO i have to ask WTF????

                      Really dumb question is ...how the commissions don't give producers the heads up....

                      Saskpulse 550000 canary seed 3900 saskflax 3300...

                      Just a blurb on their websites that they may have been in trouble to save a shitload of people the headache...

                      This is going to affect prices....and farms...

                      FCC might be in for 85 million but secondary how many producers will be talking to FCC about this for bill payments?????
                      Last edited by bucket; Jul 15, 2019, 07:59.

                      Comment


                        #26
                        Originally posted by Ache4Acres View Post
                        little f@#king late , canada grain commission??????
                        and where the f#$k are these bonds that are supposed to protect farmers ?????

                        Comment


                          #27
                          Originally posted by caseih View Post
                          little f@#king late , canada grain commission??????
                          and where the f#$k are these bonds that are supposed to protect farmers ?????
                          Does anyone remember the Office of Assistant Commissioners?

                          Comment


                            #28
                            When was the last time they cut a check? Two years ago? Good grief

                            Comment


                              #29
                              Originally posted by farming101 View Post
                              When was the last time they cut a check? Two years ago? Good grief
                              Huh? No way. If that's the case the CGC should be covering all the Producers who never got paid.

                              Comment


                                #30
                                This is a glaring example of how unprotected farmers are......

                                Comment

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