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The CWB a Magician at work?

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    #16
    Thalpenny,

    You stated"There is a real avoidance to talk about the open market system and its foibles. No one could answer me a few threads ago when I quoted current elevator prices at Bottineau that were just slightly below the PRO when converted to Cdn dollars. "

    Just how can a PRO be compared to a real price? Any farmer knows that the PRO is almost worthless at the bank so why would anyone use it for comparison. It is only a guess and can be set at what ever those people at the CWB
    want it to be. I look at the PRO only once or twice a year because I have found that since it's inception is has as much accuracy as a 5 day weather forecast. When it could be out by - 30% it isn't as valuable as real market prices.

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      #17
      Thalpenny;

      If you had checked you would have seen my wheat sales were in 97,98 and 99... EEP has not been used since 1995.

      I am still amazed that you will not admit, that the mulit-seller Canola marketing system has extracted a huge premium this year... and even Ianben can hedge over in England!

      Global arbitage, world price... this is transparency!

      I am waiting for the day when we are allowed to get on with our lives, cause WWII is not over on the prairies.

      In 1943, the CWB stopped all trade of milling wheat grown in Western Canada.

      And every time we even try to think about a WCE milling wheat contract... the CWB points us to US Wheat markets!

      Hypocrasy... if our special quality is worth so much more, why does the CWB price all North American prices off MGE, KCBT CBOT.

      Much needs to be done, I hope the CWB will be part of the solution in the future... instead of a problem!

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        #18
        Vader:

        thalpenny refers to capitalism, but he doesn't want to say that capitalism provides equality of opportunity to every farmer wanting to market. Single desk does not. Single desk does not allow farmers to market at all.

        You too, Vader, seem very eager to discuss the merits of the single desk, but you avoid the legality of the single desk.

        Shortly after Rod Flaman was elected as a Director of the Canadian Wheat Board, he wrote an interesting paper called "The Monopoly is a Hoax". It is about the illegality of the single desk. Flaman is convinced, as am I, that the single desk requirement is a hoax.

        QUOTE
        Flaman comes to the conclusion, in his
        paper, that "For 53 years Western Farmers have been tricked by the Federal government into giving up their wheat to the so called "Monopoly" while their eastern farmers reap the benefits".
        UNQUOTE

        Pretty strong words, and the word "tricked" is interesting, because most readers on Agri-ville would not think they have been tricked into thinking 'the single desk is the law' . I'll post some of Flaman's text on a new thread.

        Parsley

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