BPC 8.94 with more flexibility than SPG Minot

[charliep]

To the original posting and question posed.

Lets assume that CWB pricing/payment programs could compete with US elevator risk management alternatives both at on a value at the farm gate (US price minus costs to get there) and contract term basis. Based on the title of this thread, the CWB could do that today.

What would be wrong with an open market situation in western Canada where the CWB competes for business along with a number of different marketing alternatives from other buyers including ones across the border?

If the CWB is preparing itself for this new world, what does it have to do differently? What would the new business structure look like?

[cityguy]

Thanks timm - so when you make the decision to be 30% sold are you presuming that $7.00 and an average yield is a profitable level for you or are you a little more conservative and presume an 80% of average yield?

As for charliep - all good questions and deserving of a different thread/topic. In fact, would suggest that AV set up a completely different "meeting room" to discuss CWB commodity marketing and leave commodity marketing to discussions on how to manage board/non-board marketing given the current tools in place. (might want to punt the dairy meeting room - don't think anything happens in there.)

[timm]

We feel comfortable shooting for 60bpa the last 4-5
years.Charlie ... BPC for 2011-12...not FPC 2010-
11.No talk of Force Majeure yet for 5$ yet!!