Why So Many Farmers Miss the Wheat Board

[HFL]

Forage Farmer complains about people hurling insults, then tetsp says right on, and does the same thing.

[mbdog]

CWB was what it was. It worked within and was caught up within the confines of broader political economic system...a system that was truly broken and abused.
Today's/tommorrows CWB? Dunno how its going to shake out. The theoretical mode/potential, if given the room and the reins, has never been exercised.
I'm hoping it becomes a truly valid competitor.
Its good the old CWB is gone, and hanging on to its past is folly, and serves only to divide western Canada on political lines/ideology using prehistoric policy and lies.
Whether we own any of it...can lay any legitimate claim?...I'm not going to argue that.
Canadian ownership chance/opportunity vs foreign?...producers might be owed a chance at that.
Just hoping for more competition.....

[mbdog]

Can't believe I'm adding to chuck chucks thread....No chuck chuck...I don't support you.

[agchat]

foragefarmer, what you said is so true. Farmers will never be able to work together. Some are just to knowledgable (or thing they are) than others. Only there opinion is right and is all that matters. Like I have been told before, that is why small town hockey teams have died. Its hard to find six farmers to agree and get along together.

[furrowtickler]

agchat - really ?? Small towns are disappearing because there are less farmers - take a fukin look around !!
Your neighbor that farmed 2000 ac 15 years ago is doing 6000 ac and some are doing 15-20,000....

[agchat]

furrow you are kinda like Sheldon on Big Bang, hard time figuring out sarcasm.

[tstep]

Really the grain co didn't do a very good job of logistics last year! And grain hasn't been moving at any great speed this year. The CWB had lots of changes in pricing options that were working.

[furrowtickler]

ah, quick read and 4 rum, gotcha... I wish I could get paid as much as Sheldon per episode or per post..

[Braveheart]

Pricing option? Where do you think that pricing option came from? When presented to the (CWB) board of directors as an idea, they said stuff it. The Feds TOLD them DO it. The wheat board, in usual fashion, ****ed it up, adding a ridiculous basis, and, a contingency fund that siphoned off cash faster than a a Russian mobster could have.

The pricing option did relief from compulsory pooling though which was part of the goal. The old board said dual marketing couldn't work. The pricing option proved otherwise, despite it's flaws.

[agchat]

Your not kidding furrow. If I got paid what Sheldon did, I really would not give a rats ass about who got my grain.

[mbdog]

The open market system is the best system. What I don't like is this third dimension and new definition/parameters of basis simply being thrown into the mix....with the intended/unintended distortion/line of defence/buffer for futures/options. I get there's more volatility being attached to basis, but by new definition and in todays marketing/logistic environment, basis can be anything...making futures insignificant/irrelevant and maintains controls within the system....which may/may not be the problem. What happens if wheat futures gets torpedoed from here?..conceivably basis could go to plus 100? Not good marketing environment/scenario for producers....shell game works real good for others.
I can see how this maybe works itself out through time as competition within the sector increases...will be patient.

[farmaholic]

mbdog, your shell game analogy is exactly how I see the game being played as well. It gets hard to keep track of all the moving parts(Minni futures, Forex, basis, premiums/discounts) This new marketing environment is getting old fast. I can honestly say I feel more screwed than I ever did under the old system. It too was far from perfect with a lot of unkowns...kinda like today but more stable.