Nearby soy and Chi wheat

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Nearby soy and Chi wheat

Sep 14, 2020 | 09:22 1 Both showing big , what’s up ? Reply With Quote
Sep 14, 2020 | 14:06 2 Soy not as good as they thought in the midwest. Very dry needed rain to finish. Wheat underpriced. Duh! Reply With Quote
Sep 14, 2020 | 14:12 3 Well that’s nice .... lol
Good then I can hold all this beautiful #1 wheat , make a deal later and sell er all and get 100% of my money when I need it . Love the open market 👍👍
Sure glad I don’t have to be forced to sell at 20% at a time with depressed prices .
Good to see the market finally react and be able to react to it ... on my own 👍
Happy harvesting Reply With Quote

  • Sep 14, 2020 | 14:20 4 I guess most of us were right and experts wrong about this crop and huge carry overs
    It’s good to question “experts” lol
    They ain’t always right , even knuckle dragging flat eartgers had this figured out months ago
    Who woulda thunk eh ? Reply With Quote

  • Sep 14, 2020 | 14:23 5 Sold some beans at 11.00 now 11.40. I hate to sell before we harvest but you have to feed the Bull. Reply With Quote

  • Sep 14, 2020 | 15:07 6
    Quote Originally Posted by agstar77 View Post
    Sold some beans at 11.00 now 11.40. I hate to sell before we harvest but you have to feed the Bull.
    Nice to be able to market when you want 👍 Reply With Quote
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  • Sep 14, 2020 | 15:11 7
    Quote Originally Posted by agstar77 View Post
    Sold some beans at 11.00 now 11.40. I hate to sell before we harvest but you have to feed the Bull.
    DO NOT OVERFEED the bull. Keep him a little hungry so it doesn't get fat and lazy. Reply With Quote

  • Sep 14, 2020 | 16:01 8
    Quote Originally Posted by furrowtickler View Post
    Nice to be able to market when you want 👍
    No , no , it was way better having some prick in winnipeg(family member) give your wheat away cause it meant SFA to him/her and then pay you 11 months later* Reply With Quote
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  • Sep 14, 2020 | 16:43 9
    Quote Originally Posted by caseih View Post
    No , no , it was way better having some prick in winnipeg(family member) give your wheat away cause it meant SFA to him/her and then pay you 11 months later*
    Interesting how a thread gets derailed so quickly with a few ignorant remarks. Reply With Quote
    Sep 14, 2020 | 17:17 10
    Quote Originally Posted by agstar77 View Post
    Interesting how a thread gets derailed so quickly with a few ignorant remarks.
    Ignorant or the truth ??
    Truth can be hard to swallow sometimes Reply With Quote
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  • Sep 14, 2020 | 17:26 11 We will never know the truth because no transparency. All we can say is prices are still crap. Reply With Quote
    Sep 14, 2020 | 17:56 12
    Quote Originally Posted by agstar77 View Post
    We will never know the truth because no transparency. All we can say is prices are still crap.
    Agreed , but at least we can sell OUR grain to who we want when we want for the $ amount we need
    And not go to jail for it
    Can you fu-kin imagine ? Going to jail for selling your own produce ????? Reply With Quote

  • Sep 14, 2020 | 18:32 13
    Quote Originally Posted by caseih View Post
    Agreed , but at least we can sell OUR grain to who we want when we want for the $ amount we need
    And not go to jail for it
    Can you fu-kin imagine ? Going to jail for selling your own produce ?????
    Kinda like his soybeans ... 😂😂 Reply With Quote
  • 1 Like


  • Sep 14, 2020 | 19:29 14
    Quote Originally Posted by caseih View Post
    Agreed , but at least we can sell OUR grain to who we want when we want for the $ amount we need
    And not go to jail for it
    Can you fu-kin imagine ? Going to jail for selling your own produce ?????
    Shouldn't there be a "Truth and Reconciliation Inquiry"?

    A Merchant Law Class Action with monetary compensation for pain and suffering and lost opportunity? Reply With Quote
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  • Sep 14, 2020 | 19:54 15 Grain companies have been given the power to screw us on grade, where to deliver and price since the wheat board gone. We re missing about 2 bucks a bushel on the screw job. Instead of mixing to upgrade we re getting downgraded. It’s what’s happenning I quit growing it which is bad for rotation but it has been such a shit show. Reply With Quote
    Sep 14, 2020 | 21:42 16 Mandatory sales reporting would help the Canadian industry. Reply With Quote
    Sep 15, 2020 | 04:33 17 You guys talk of getting screwed on grades you don’t have upgrading at receivable centres then? Trick is to check each elevators stacked average of deliveries. Freely available to all that info. So if you’ve got wheat with borderline protein for top grade you send your wheat to a elevator that is running very very high protein at that site, yep your wheat is 1% under but we will upgrade because our average is 3% above. Better explanation below. I read a lot of your harvest shenanigans and issues well we sell and deal with exact same multi national companies Cargill LDreyfus ADM Bunges etc. last harvest think there were almost 70 companies operating.

    Really dunno why it hasn’t worked over there.

    The 2018/19 season was the first year companies introduced dynamic binning for wheat, allowing growers to receive grade upgrades with classification ranges applicable based on a rolling stack average system. The positive feedback received by the bulk handling company has prompted them to widen the scope of dynamic binning to include Malt barley varieties for the 2019/20 season.

    Dynamic binning will now be available for ASW1, APW1, H2 and H1 wheat grades, as well as Malt1 grades including Planet, Scope, Spartacus and Compass as well as Feed1 (F1).

    How does dynamic binning work?

    Dynamic binning allows grain that is just outside of the required receival standard the chance to be upgraded, this provides growers with greater flexibility and the potential to access a higher grade. To receive the upgrade four criteria components, need to be met:

    Classification results fall within the specified tolerances (see table below)
    Load meets all other quality requirements, including variety contaminants and MRLs
    The higher grade segregation is available at the delivery site
    The rolling stack average of the higher grade segregation meets the Grain Trade Australia (GTA) receival standards
    Last edited by malleefarmer; Sep 15, 2020 at 04:41.
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    Sep 15, 2020 | 04:55 18
    Quote Originally Posted by bucket View Post
    Mandatory sales reporting would help the Canadian industry.
    Again what do your farmer organisations do there,we have the above, we have shipping schedules in advance months what grades tonnes and which ports there loading from.

    All grain in elevators known grade tonnes sold and unsold, buyers tenders always available.

    Glen at Sask wheat development commission would be pushing for all the above he’s ahead of the pack he keeps telling us.

    Guess marketing when single desk was removed was welcomed and growers marketers end users all moved ahead together almost.

    Recent survey here about singlecdesk Australian wheat board something crazy 98% in favour of open market. At time of change was about 85%.

    And we also had fully deregulated domestic market for I think 6 years so wasn’t a huge change when export market freed up.

    Malt premiums two things beer consumption lowering all the time and two latest state of the art brewery’s can extract decent malt from almost any barley as long as protein is correct nothing more nothing less. So huge premiums for malt almost a fallacy now.

    There is one malt barley here in Australia outdated 15 yrs ago like me but breweries pay overs for it like $60 plus per tonne but not many grow it but that ones the exception.

    Anyway enough waffle from me have a good night Reply With Quote
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  • Sep 15, 2020 | 05:57 19 There are 355 primary elevators on the prairies and farmers don't have a clue exactly how much is in any of them.
    There is a weekly report of stocks by province, but not by grade.
    Export terminals do report stocks by grade and volume at each port, but not by individual terminal.
    The Canadian system is nothing like the Australian one when it comes to transparency. Canadian farmers are flying in a fog with a dollar store compass for navigation. Reply With Quote
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  • Sep 15, 2020 | 06:01 20 Thanks 101

    Why can’t you change it for betterment of all? Dumb question I guess. Seems at times your at war with grain co’s

    Different mindset than here Reply With Quote
    Sep 15, 2020 | 06:21 21
    Quote Originally Posted by farming101 View Post
    There are 355 primary elevators on the prairies and farmers don't have a clue exactly how much is in any of them.
    There is a weekly report of stocks by province, but not by grade.
    Export terminals do report stocks by grade and volume at each port, but not by individual terminal.
    The Canadian system is nothing like the Australian one when it comes to transparency. Canadian farmers are flying in a fog with a dollar store compass for navigation.
    And the people involved for this .....well ....one is in the hall of fame.....one is now the conservative ag critic...

    Just such phucking bullshit that everyone that wanted the American system could not do the no brainer stuff like implement transparency and accountability to the industry with sales reporting....vessel reports....and a more public accounting of what is going on...

    The system would operate far more efficiently.....

    My two closest elevators ...one is closed during a bumper crop ....has been for years 10000 tonne concrete


    The other is 40000 tonnes and has been plugged for three weeks with no train coming and it's on a mainline. ....manager can't make any commitments to his contract holders. ..nice Reply With Quote
    Sep 15, 2020 | 06:22 22
    Quote Originally Posted by malleefarmer View Post
    Thanks 101

    Why can’t you change it for betterment of all? Dumb question I guess. Seems at times your at war with grain co’s

    Different mindset than here
    I do not know the history of the Aussie system and how it worked back in AWB days. I'm guessing the transition to your present system was a lot different then here post CWB.

    Back in CWB days there was an accounting 6 months after the end of the crop year, but during the crop year there was always the impression that very few knew what was going on. Sometimes the yearend report would show that truly no one knew what was going on.

    Now a select few know what is going on and they ain't sharing.
    Now we work with graincos through customer reps who at times will hint about some marketing programs on the horizon but do not in any way help farmers to make informed and concrete plans.

    Delivery contracts have very little in them that helps the producer. One beef in particular is that there are no price scales for grade changes. No guarantees of a price for any over delivery on the contract. It would be much more rewarding to ask for your over delivery tonnes back and feed it to the wildlife.
    Last edited by farming101; Sep 15, 2020 at 06:26.
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    Sep 15, 2020 | 06:26 23
    Quote Originally Posted by farming101 View Post
    I do not know the history of the Aussie system and how it worked back in AWB days. I'm guessing the transition to your present system was a lot different then here post CWB.

    Back in CWB days there was an accounting 6 months after the end of the crop year, but during the crop year there was always the impression that very few knew what was going on. Sometimes the yearend report would show that truly no one knew what was going on.

    Now a select few know what is going on and they ain't sharing.
    Now we work with graincos through customer reps who at times will hint about some marketing programs on the horizon but do not in any way help farmers to make informed and concrete plans.

    Delivery contracts have very little in them that helps the producer. One beef in particular is that there are no price scales for grade changes. No guarantees of a price for any over delivery on the contract.
    All they have done is downloaded the cost of storage to farmers.....where an elevator could turn their storage 10 times a year. ...farmers are building to turn once every two years....mind numbing.....and farmers are OK with it....
    Last edited by bucket; Sep 15, 2020 at 07:31.
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    Sep 15, 2020 | 07:05 24 mallee , all the so called "farm organizations" do here is collect diems for going to meetings and get rooms in the city
    we have one on here with , does it sound like he gives a shit about farming ?
    more interested in unimportant shit
    Last edited by caseih; Sep 15, 2020 at 07:08.
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