CWB Director Letter to me in the Mail!!!

[ALLFARMER]

The spin doctors.....captains of spin!

[sumdumguy]

$200 million is peanuts. the board has peed that away so many times for farmers. For their own good, might I add. What a bunch of fruitcakes.

[charliep]

The math is interesting.

I know how much is in the contingency fund. The
CWB has worked it from about $20 million at the
end of the 2009/10 crop year to $120 million
currently half way through the 2011/12 crop year.
No one will actually know the real number until July
31 as the contingency fund is still backstopping the
current crop year (2011/12).

The other number is $4,000 and how they got it. I
assume they took $200 million and divided by
50,000 permit book holders (not sure why this
number). So I guess someone who delivered 100
tonnes over whatever time period gets $40 per
tonne for their share. Someone who delivered
1,000 tonnes gets $4/tonne. Someone who
delivers 10,000 tonnes gets 40 cents per tonne.
Someone who didn't use any of the PPO programs
gets the same payout as someone who actively used
the programs and deposited 60 per cent of the
money in the $200 million equity base.

[charliep]

Just curious if a recommendation ever went into the
federal government for an adjustment payment on
durum? Should be a big one.

[bucket]

charliep

Farmers are 100 percent accepted and 75 percent called before christmas, the fastest the crop has ever moved in recent history and no adjustment payments. They eight are pissing away alot of money or not paying attention to what they were elected to do.

[caseman]

i just phoned,they have not asked for a increase yet.

with the pros dropping it is risky right now i was told to ask for a increase.

get rid of this useless cwb!!!!

[wilagro]

caseman: Be patient...the CWB is all but destroyed. Maybe by this Thursday the dire act will be done. Harper has been ranting and raving against the CWB for over ten years or more and soon he will have served his masters well.

[charliep]

Maybe that will be the first thing the new board of directors does is to put in a request to the federal government for a increase in durum initial payments. Work will have been done by the CWB operations side. PRO out December 15. Request made to the federal government by the new board of directors. Payment increase in farmers hands early February.

[charliep]

wilagro

Thoughts on the $4,000. Agree or disagree?

[Jeff Nielsen]

As to some of the numbers, currently as at the end of the 10/11 crop year there was just 50,000 permit book holders, so guess the other 18,000 that they used in the flawed “survey” don’t deserve a cheque. Yet if it wasn’t for those retiree’s and interested parties their survey wouldn’t have passed.
As to saying we should cash out the value of the lakers, did we ask farmers for the right to purchase these ships? Although I agreed the business plan was sound, we as a board did approach government to see if they would back stop these purchases. Thereby leaving out the need to use pool account monies. With careful consideration by the feds, it came back to us that it wasn’t in our mandate to become vessel owners. Yet in clear defiance of the thoughts of the government we forged ahead with the purchase. As those purchases were known during a CWB directors election, it could have been openly discussed then and not just behind closed doors.
As to the contingency fund, that money is the CWB’s it earned it. Like it or not, we as farmers agreed to the contract in the PPO program we selected. I’ve participated in some of the PPO’s and have paid the fee imposed to achieve what best mimics an open market price, and have by signing the contract accepted those fees. The fee’s were not doubt excessive to cover the risks of the CWB, in the future any other programs the CWB runs in the new environment, those fees will be more in tune with the whole grain trade. With that in mind, one can’t give back money that was earned by the corporation.
The exaggerated view of these few continually suggests that farmers own the CWB. Yet in the Senate hearings, Mr. Oberg conceded that the only owner is the Government of Canada therefore all Canadians. Just like all Canadians who have covered the deficits incurred in the past. That could bring up the argument that all Canadians deserve a share.
They take offence to the wording that they are on a scorched earth policy, yet that is what is happening. I was honestly surprised in the shock they showed after the May 2 election. Clearly years of hearing that change was coming they ignored the reality. Now they don’t want anything to come to pass that might be a true asset to us as producers. I honestly believe in the strengths of the people and contacts the existing CWB has, I find it shameful that these 8 do not.