c to c alumni conference 2011

[lnewman]

I have been asked to go to the c to c and I am not sure what it to expect. What I can tell you is that all
expenses are paid including flight to and from Calgary, Taxi, Rooms, Meals, etc. I know these costs upset
most producers, but i never have had the privilege to go to the c to c. I've never talked to anyone in Southern
Alberta who has ever attended this event. Being from southeast of Calgary there isn't many board
supporters. If there are, they are few and far between. So the first thing on my agenda is to meet a board
supporter. Not a 60 something ex farmer, but I want to find a younger farmer with 1000 -2500 ac who truly
believes in the board. When you go to the Barley or Wheat growers meetings you never seem to meet a
supporter, maybe a director from the board thats all. So hopefully I will understand why so many farmers in
Saskatchewan and Manitoba voted the way the do.

[TOM4CWB]

Bucket,

Use your imagination.

Read Craig's post...'Why do we always have to be so negative?'

Thanks Jag.

[btjadenlepp]

sounds like a very smart approach lnewman.

[lnewman]

Does Anyone think I will find a younger progressive
farmer who truly believes in the cwb? What are my
odds?

[lnewman]

I mean at the c toc

[TOM4CWB]

Iew;

team up with someone who "believes in the CWB"

Is the CWB a 'religion' that a 'faith' mentor is helpful to understand the 'miracle' of the single desk monopoly?

It is really good to go in with both eyes open... no doubt.

Do we 'believe' in the CBOT, MGE and KBOT? Since the CWB prices our wheat off these markets... perhaps these risk management tools should be studied far more... and the 'single desk' fade into the background?

John Depape and Cityguy... along with Charlie P really nailed the technical side of CWB risk management and trades that are made... mistakes that were made... and future issues to watch for (like the CWB rolling futures months) that truly are market movers.

Will February 20 2011 be like 2008?

Markets are 'chaos' (fundamental events like weather change them) events so never say never!

I wouldn't hold my breath...

Please report back your revelations... the pricing pace... how the CWB manages risk on this market moving duty that others fear to tread near!

[TOM4CWB]

Inewman,
(sorry about the short abb)

Please go back and read (Again if you haven't yet then twice);

"Topic: BPC 8.94 with more flexibility than SPG Minot by timm.

This should be a classic Agriville must read on CWB risk management... for anyone who ACTUALLY claims to understand how the CWB works.

Add to this that all CWB are made through the pools... no direct sales between growers and end users on wheat, or durum... and an interesting picture emerges.

The grain merchants watch CWB moves like hawks... and pick off profits like you would eat a turtle at Christmas... they see them coming... and what can farmers do about it?

The CWB Directors are not even allowed to use PPO flat price tools yet... let alone understand the rest of CWB complex trades!

Have fun! Ask hard questions!

[Jagfarms]

inewman

Are you going to C to C in Whinnipeg or the alumni c
to C in Saskatoon?

[mbratrud]

lnewman, You will definatly find a young farmer that supports the board, pogressive would leave that for you to determine.

Jason, I got my alumni invite never responded so I guess I am out for this year. Didnt know what my schedule was going to look like for January.

Tom, I agree - have been saying for years it should be the pool guys have a dealine to sign up for not Pricing options. That way they could just put a daily price out with delivery periods attached for when they need the product most. Would make things much less complicated.

Happy New Year everyone!

[btjadenlepp]

Funny I've never received an invitation to
this myself. I guess those couple hundred
individual farmers that we've been making
Board grain marketing decisions for the
last seven years don't qualify us to
attend.