I don't think it's a question of easterners just wouldn't put up with this kind of BS as Larry's friend thinks. When they have no choice they do. And it's the same in the west.
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It is about economics; nothing more - nothing less. Eastern Canada has been getting $1.50 or more for red winter wheat for a very long time - the U.S. from 50 cents to $1.00. If the single desk was extracting transparent premiums, why would you want to get rid of it?
There are no premiums for western Canadian wheat, barley and durum farmers - just discounts to the world price. The Americans get pissed because the CWB lowers the world price of wheat. That is reality. The CWB's spin is that the Americans don't like the market power the CWB enjoys.
If the CWB were raising world prices - do you think the U.S. would mind? Not for a nano-second.
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It is about economics; nothing more - nothing less. Eastern Canada has been getting $1.50 or more for red winter wheat for a very long time - the U.S. from 50 cents to $1.00. If the single desk was extracting transparent premiums, why would you want to get rid of it?
There are no premiums for western Canadian wheat, barley and durum farmers - just discounts to the world price. The Americans get pissed because the CWB lowers the world price of wheat. That is reality. The CWB's spin is that the Americans don't like the market power the CWB enjoys.
If the CWB were raising world prices - do you think the U.S. would mind? Not for a nano-second.
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