just saying I totally disagree with fna

[Oliver88]

Redleaf and Bucket - Are you guys referring to the infamous Land Bank disaster?

[redleaf]

No thinking more about the overpriced land in the early eighties that &&& lent money for and then when &&& had too many defaults they didn't want to dump land on the market, back room deals were made for some where they paid no rent for years and then the land was refinanced at much lower purchase price and never was allowed on to the market. Special plan for anyone stupid enough to keep up with their payments .... Shut up and keep making your payments.

[redleaf]

Land bank deal was another whole can of worms but was a little more open to public scrutiny.

[Oliver88]

I agree 100% with you.

Yes a lot of bad managers who over payed for land were helped out and favoured over good fiscal managers.

It would be interesting to see stats on how many of these managers eventually went broke and how many are still in business?
A RM map from the mid to late 80s will show which land was taken over by FCC.

[Hopperbin]

Thanks for all the posts. My main point thinking is farmers are not.going to henefit from farmers buying the cwb.. best thing is if cwb makes it on their own. With no one to buy them out they will serve farmers and not so much share holders. This is what we need to keep the cwb. There can be more here than just a buy out. Does anyone else see it?

[Hopperbin]

Non binding tons plus non binding Investment dollars may translate Into someone else snapping up cwb. It should not be sold.

[wmoebis]

The only way that can happen Hopper is to change the gov't.
Harper and Ritz said it had to be sold in 5 yrs.
They don't want farmers owning anything.

[Hopalong]

Always seem to get back to the idea that if only farmers owned and ran things,everything would be peachy.
I say it is just a dream.

[bucket]

It's getting sold and those white elephant elevators that they are building along with it.

For pennies as well. Senior management will leave with healthy severance packages. Has anyone heard whatever happened to Deanna Allen?

I honestly don't know how they consider 1 lane state of the art. But they can load 60000 bu an hour into a railcar. Once again kissing the railways ass.

Much like agslow in moose jaw that was built for horse and buggy, no one gives a shit about the farmer or the commercial driver. No one likes lineups or sitting at the probe when the lane is empty.

[Hopperbin]

wmoebis where can we see this that it has to be sold?

[wmoebis]

Part 3 and part 4 of the Marketing Freedom for Farmers Act.Talks about ways that the CWB can be wound down.

[Hopalong]

Would seem to be a decision for government and appointed directors.
MPs and govt people still looking for a solution that can be accepted by those who want to keep CWB around in some form.
May be more important than saving money or efficiency.
Own thought is support for board is gradually diminishing among growers, younger ones in particular.

[bucket]

Had the cwb just listened 15 years ago to then young farmers they would be farther ahead for support.

The cwb should be offerred to farmers bit won't be.

They should have cleaned house top down. The management still isn't listening to those older then young farmers.

[Oliver88]

I hope the CWB Colonsay terminal will offer some competition. It sounds like they will be taking wheat this upcoming June.

[westernvicki]

Wasn't the CWB supposed to become a farmer owned corp.....wafu.