Louis Dreyfus in Yorkton

[silverback]

What is the difference between a foreign investor trying to guarantee it's own supply needs and the forced collectivism that the cwb has engaged in for 60 plus years?

They have forced my family to give the one product that grows the best on our land to them, and they have had the power to tell us how much it was worth, deduct their expenses, then give us the leftovers.

In reality we have been an employee of a foreign company from winnipeg/ottawa that we never applied for or asked for it's help. I hate this company.

[chaffmeister]

Agstar:

You're confusing price signals with forecasts - open market mechanisms such as futures do not forecast prices - were never meant to.

Futures DO INDEED provide excellent price signals.

Nov 09 canola (out about a year) closed yesterday at $469.90. This is not a forecast - this is an actual, real price for Nov 09. Put it together with a sound basis from a buyer - or sound analysis of what basis should be - and you have your price signal (and guess what? you can actually sell today at that price.)

[just_wondering]

Agstar re:Profitability has nothing to do with purchases by foreign companies . Its all about assurance of supply. They are worried about sourcing product

This is exactly why malt houses are being built in the Caribbean and Asia with business plans of using Canadian Barley.
Why would the CWB not get out of Barley at the very least and allow for some value added to happen.
The co-product could then be fed to livestock jobs would stay in Canada. We would be able to sell direct to Maltsters so that they could ensure supply.
What has it been since Oats was let out 15 years Barley is not the thin edge of the wedge that will kill the CWB, it's the no compromise all or nothing attitude of the single desk Directors.