Ontario Wheat Board CASH Prices

[HFL]

Good post Tom. The Conservetives tried to end the crow and pay out 7.2 billion in compensation. The Sask Wheat pool rallied their friends against that plan and killed it. Then the Liberals took power and killed the crow and paid out 1.6 billion in compensation and SWP never said a word.

[agstar77]

Those were the Progressive Conservatives, a whole different bunch than the Regressive Conservatives we have now.

[HFL]

Funny how this thread started out talking about wheat prices in Ontairio compared to Western Canada and the Wheat Board supporters amoung us derail the disscussion by bringing up the crow rate cause they can't defend the CWB's poor prices.

[mustardman]

HFL the freight topic was brought up because we are landlocked and have distance to port to deal with, which Ontario does not.

[winwin]

Ont board was a true farm org.They were not sworn"to act in the best interest of the board"like our cwb directors.
they held open meetings.I dare-I DARE our cwb bureaucrat driven directors to hold an open meeting.
It is an empire unto itself.Sort of like the wheat 'Vatican'
Hell,the Ont board even sold some lots by open auction.Even that would be a step up from our big protection racket.

[TOM4CWB]

WinWIn,

I see today Oct 07 Winter wheat is $7.39/bu $6.88/bu for Hard Red Spring through the Ontario Board.

Mustardman,

An adjustment factor of -7.50/t on CPS, when it is already over 50 cents/bu higher than HRS in Ontario, and it is an additional $21/t lower than HRS at the CWB (CWRS = $256.59, CPS $235.83/t) Ordinary Winter wheat is almost the same price as CPS... and the CWB sells them both normally into the same market... (Western Wheat class)

CWRW Select has a high px... which is not part of the Ontario pricing in any event! Further Eastern CGC grades are much less stringent adding even more to this discrepancy.

We have a serious problem with the CWB pooling systems, FPC, DPC, the whole works is not even close to market value with cross subsidisation of classes at a rampant level.

If the CWB is actually selling the CWRW and CPS at these prices they offer "designated area" growers... they are undercutting the wheat market by $40-50/t