I have the correct idea of what to do with cwb?

[Hopperbin]

Instead of fna organizing a farmer buyout. Why not the cwb just give share equity to the farmers interested in using them. Up until the point farmers own 100 percent say over 10 year period. Simplified but can this be worked on instead of a direct buyout?

[makar]

No one buying cwb grain, I am the sixth person buying out cwb contracts this week at my point, and not my choice, no way to sell.

[Hopperbin]

Can you explain that contract in more detail Must be a producer car **** up with the railroads. I just dont want the cwb to go to a select some with money. But to the ones who use them. I dont like to commit my tons like the fna deal requires but want the option to use them.

[makar]

Last year I missed the early pool deadline, which I wanted, this year I contracted my carryover in the early pool in august, and then was informed by Cargill they are not buying early pool, switched to annual, now told they want a 2.00 dollar basis to handle cwb god knows when and the spot is a dollar over pro and I can sell into the market. The spot is plus nine basis, six bucks now or five later on a phoney basis on the cwb , the graincos have killed then cwb. I have bills to pay, people here have 2013 cwb to deliver.

[farmaholic]

Didn't Tom(Out)4CWB say in the thread "Speaking of the CWB", Oct 8:

"Too bad competition would not become the new 'single desk' at the new CWB... instead of bricks and mortar deceptions. There are many independents that the CWB could facilitate competition through... I await the time the CWB steps into this needed marketing role."

makar, who is refusing, or gouging more, to handle the grain?

How the hell did this ****ing retarded government expect it to buy grain without facilities or be competirive relying on their competition to handle it for them. Hard to believe how shortsighted/stupid some people can be.

[makar]

I was at a fna meeting they wanted seed money to buy the cwb, fine, but asked to contract cwb grain in the meantime saying the cwb has agreements with the graincos, I walked out.

[Hopperbin]

Never been to one of those fna meetings yet. But you get high pressure salesmen involved its not going to be in the farmers favour. These guys dont work for nothing but the almighty dollar. Been there done that. If you ask me this is just a fast track for someone other than than the farmer Controle.

[BreadWinner]

I already own the CWB, now you guys are telling me I have to buy it again. What is wrong with this picture?

[Hopperbin]

That said we have competition rules in effect that would not allow the sale of the cwb to the existing grain companies. That said we will have a new grain company as long as it is not a failed producer company to be gobbled up by the existing grain companies. This grain company is paying equity for tons delivered that is fact. What are others thoughts?

[Hopperbin]

Breadwinner all of canada owned it. Where to direct it now is of question.