The difference is perhaps comparing an individual sale and customer to
an average price or producer payment option that is locked to the
pooled price. Columbia grain prices reflect sales activities in a given
period. The CWB is an average price over all customers, ports, classes,
grades, proteins and a 15 to 18 month time period.
Perhaps the question that is being asked. Can a pooled price exist
along a system where prices reflect daily sales activities? Can a system
that can't provide daily price signals attract deliveries from farmers? I
think the CWB can exist in an open market (and provide benefit to
farmers) but it requires a whole new way of thinking. Their current
supporters will be the CWB's worst enemy in this process of change.
an average price or producer payment option that is locked to the
pooled price. Columbia grain prices reflect sales activities in a given
period. The CWB is an average price over all customers, ports, classes,
grades, proteins and a 15 to 18 month time period.
Perhaps the question that is being asked. Can a pooled price exist
along a system where prices reflect daily sales activities? Can a system
that can't provide daily price signals attract deliveries from farmers? I
think the CWB can exist in an open market (and provide benefit to
farmers) but it requires a whole new way of thinking. Their current
supporters will be the CWB's worst enemy in this process of change.
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