New CWB Feed Wheat Program

[charliep]

When you have smashed your head long enough and you see the light, what does it mean.

A new feed wheat programs that puts cash in a farmers hands right away. Interesting but why now? Who made the decision? If it was CWB operations based on a B of D policy direction, why not 2 months ago?

[charliep]

Forgot to attach.

[URL="http://www.cwb.ca/public/en/newsroom/releases/2010/news_release.jsp?news=112910.jsp"]cwb feed wheat[/URL]

[charliep]

More stuff on the feed wheat program.

[URL="http://www.cwb.ca/public/en/farmers/producer/1011early/"]cwb fd wheat[/URL]

<a href="http://www.cwb.ca/db/contracts/ppo/ppo_prices.nsf/epo/epo-wheat-2010-feed-20101129.html">current values</a>

<a href="http://www.cwb.ca/public/en/farmers/popups/feed_wheat.jsp">q and a</a>

<a href="http://www.cwb.ca/public/en/farmers/producer/1011early/pdf/guide_complete.pdf">the rules</a>

[parsley]

The potential new program would be placed before the Board of Directors, voted on, and passed, and now be in effect. Pars

[parsley]

Why now?

Perhaps the CWB Board of Directors had a day or two to amuse themselves and sit in the Boardroom, while the equipment in the CWB gymn/spa/ is being upgraded to kid leather seats?

Pars

[parsley]

This is the interesting part:

For example, Viterra can negotiate a feed wheat price with you on the phone, send out a trucker for the feed wheat, mix it into feed, apply for an CWB export license paid for by YOU, and export the feed, and send you a cheque for the full amount in the mail.... and ckapitsta....all done! pars

(I need to stick to kitty talk, don't I, charliep.lol)

[btjadenlepp]

When I was a kid my mom used to say that
if I watched too much TV, my eyeballs
would turn square. Now, at the age of 36
and after 5 minutes of looking at those
new feed wheat EPO values, I am feeling it
start to happen.

[parsley]

And the purpose is to make another bloody department and more staff at the Wheat Board,isn't it.

Those useless directors sit there and grunt-a-vote while they scratch each others' backs.

They don't read what comes in their information pacs; they'll VOTE FOR IT NO MATTER THE COST TO FARMERS!

I tell you folks, it's time to clean out that rotten grain pit. Pars

[charliep]

Brenda

Have to agree.

Perhaps the CWB is going for the equivalent of the most complicated mouse
award. A complicated devise when all that is needed is wooden board, a wire
with a spring and piece of cheese.

About as close to a daily offered price as you can get without calling it a
price. Potentially still no relationship necessarily with feed wheat sales prices
off the west coast although likely close these days. Why not just offer a daily
price and be done with it.

[charliep]

Bucket asked about the pricing pace and is relevant here.

The CWB has priced approximately 39 % of the 2010/11 pooling year total size with a target of 60 % by the end of January.

[URL="http://www.cwb.ca/public/en/farmers/producer/pace/calculator.jsp"]pricing pace bottom page[/URL]

In the current market and pricing , what is probability of a feed wheat payments will be 25 % above the current let alone double.

So what the CWB has offered is cash price to farmers that in a weird and wonder way allows the CWB operations side to manage risk and maintain pool integrity.

Still believe farmers should take the money run - take the 200% alternative and deposit it in the bank.

Maybe I don't understand and am talking Eskimo.