CWB Pool on Marketing Freedom Day!!

[TOM4CWB]

Dear Agrivillers:

Since so many... have said and exclaimed so much... for so long...

It hardly seems possible to truly have the 'CWB "marketing choice" Pool' awards... The 'Talking Eskimo' Awards!!!

'Talking Eskimo' Mugs to the Agriville winners who pick the correct date of 'Marketing Choice' "Day of Freedom"

Expectation is the best part of freedom and prosperity!

[Braveheart]

The best part of freedom and prosperity is freedom and prosperity.

[BreadWinner]

I cant wait to see that dark wall to be torn down that seperates us from market freedom. It will be one of the greatest days of my life, even on the same scale as marriage and child birth. My prediaction is that we will have a volentary CWB on Aug 1,2011. You will have that freedom that many who died before us hoped they would see. Tear down that wall Mr Harper and be know for something great that will forever honour you name in history.

[newguy]

August 1st 2012

[Braveheart]

Breadwinner, I agree. Who will be our leader? Can we all speak with one voice to say in Ronald Reagan fashion, "Mr. Harper, tear down that wall".

We should all advocate the same policy. End the monopoly now. Let's not advocate for any opt in/opt schemes that would just be destructive and divisive. No cost export licenses are just a joke. End the monopoly is the only way to go.

[AdamSmith]

What is so magical about August 1 anyyear?

[AdamSmith]

I wrote the bill last night on the back of an envelope in thirty seconds.

This bill Repeals the CWB Act.

The end game is an free and open market in wheat and barley.

Not how or whether or when the CWB can function within the open market.

That will be up to those who want to collectivly market.

I don't think Abe worried too much about the slave holders when he wrote the Emancipation Proclomation. (sp?)

[AdamSmith]

http://www.archives.gov/exhibits/featured_documents/emancipation_proclamation/

Nope! didn't mention them at all!

[Burbert]

Tomorrow, I'm sure that trashin the CWB is
at the toppa Harpies ta due
list!!!!!!!!!!! Cousin Tomthumb wants it,
yaaaaaaaaaaaaaaaaaaaaaaaaaah, fer sure,
fer sure it'll happen asap....

[AdamSmith]

Have you figured out what YOU'RE going to do Burb when it DOES happen???

[newguy]

Think it has to be a August 1st. Otherwise way too complicated on having negative effect on active pools in which farmers had no choice but to take part in.

[AdamSmith]

I'm thinking more in line of if it can't be done by Aug 1 2011. I highly doubt it can be. Parliament won't sit until late May or early June. #1 will be a throne speech, #2 a budget, then summer recess.

But if something can hppen quickly in the fall. Why wait till Aug 1 2012?

Of course if you sign a contract with the cwb you must honor that but if lets say the legislation said Jan1 or Jan 15 and we all knew that was DDay, no one would feel compelled to sign a 2010/2011 cwb contract.

Just sayin, Aug 1 is strictly a cwb thing, that seperates pool years. Aug 1 means nothing to the open market.

[Raven]

I do not claim prospertity, but I do claim freedom now in the designated area because I get no-cost export licences for the wheat and barley I grow. So do all the eastern farmers of Canada. Braveheart, I do not understand the joke part of this.

Adam Smith, I share your desire, but does the Conservative Party not have an official policy of a strong CWB, but voluntary?
Do you really want to just ask them to repeal the CWB Act?

[Braveheart]

So Raven, how do you now get no cost export licenses in the designated area? It was my understanding that only pedigreed seed or processed livestock feed qualified for this. (I have grown seed and done it by the way.)

I don't like this concept because it restricts the ability of the domestic grain industry to develop whatever they may desire to do that involves milling wheat or barley or malt barley etc. The export license idea is saying that grain would likely move to the US into northern tier elevators. I won't even get into what would happen were that the case. What I desire is the freedom to do that if needed but really want market forces to arbitrage those prices with ours. Like happened with oats. An export license granted by the CWB or Canada Customs is still something that can be pulled away and still gives someone else the ability to tell me what I can or can't do with my wheat.

I don't know about Adam Smith, but I no longer want a strong voluntary CWB. I want the wheat board gone like yesterday. Relegate it to a dark page in Canada's history next to the chapter on Residential Schools.

[jdepape]

1. Aug 1, 2011 highly unlikely as pointed out - far too much to happen first.

2. I agree with Adam Smith - there's nothing magic about Aug 1. It is only the end of the CWB pool periods.

3. That brings up an important point though. When commodity exchanges make changes to futures contract spex, they always made the changes effective in the first delivery month that has no open interest - no open contracts. Otherwise either the shorts gain or the longs gain - but never both. Someone always loses.

Whatever the change to the CWB, it should be effective where no one has open contracts. To me, that's likely Aug 1 2012 since the CWB probably will have 2011-12 contracts on (with farmers and buyers).

FWIW - Although I doubt the CWB has any milling wheat (or durum) sold for 2011-12, I'd put money on them being short malt barley already.

More thoughts at www.cwbmonitor.blogspot.com

("CWB Monitor" is now short for "Canadian Wheat & Barley Monitor".)