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CWB benefits example Again

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    #21
    Quote: Another advantage with the CWB is keeping
    Monsanto out of the GM wheat business. That alone
    probably saves me $80,000 per year.

    Really? how did you arrive at that figure or is it
    pulled out of the air like all of the rest?

    Personally I think that if the CWB hasn't opened the
    books to show solid proof of the benefit of single
    desk marketing then it doesn't exist.

    I went to the U of S with Ward, Gord and other
    senior executives at the CWB, they were smart but
    also very red.

    We were drilled with the economic theory that a
    monopoly seller extracts a higher profit from the
    market.

    However, in the real world the theoretical benefits
    don't happen. I would argue that is because the
    organization is run by a bunch of bureaucrats with
    no skin in the game. They are inefficient, with huge
    overhead. I would bet the smallest cargo that they
    could sell would be so large as to leave them out of
    many niche markets where the real money could be
    made in cereal grains

    I think a lot of the farmers that support the CWB
    are simply getting to the end of their farming career
    and are scared of change.

    If the CWB has such a large support among
    farmers(62%) and they do such a good job of
    marketing then they should have no problem
    operating in a voluntary environment.

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