Chairman Ritter of the CWB; YOU ARE WRONG!

[silverback]

"... who made Tom Jackson GOD and gave him the right to decide what is right for me or anyone else"

That is the funniest thing I have ever read from a member of the Hug the CWB Fan club!!!!

I cannot make the word ironic big enough to reply to that phrase. Unreal!!

Somebody needs to enshrine that comment in stone somewhere for all eternity.

My guts are hurtin. Stop it stubble, you are killing me.

[Fransisco]

<b><font size="7">IRONIC</font></b>

[Fransisco]

I'll tell you what Tom Jackson is God of...his farm. And especially the grain that he created.

[chaffmeister]

As I understand it:

CashPlus guaranteed farm price is based on sales prices. (Not a simple premium over feed. Sorry, Deanna Allen is wrong. I'm sure it wasn't the first time...)

I'm told that if the CWB has two sales to satisfy - at different prices - the CashPlus farm price is based on the LOWER price. Rumour also has it the price is to be 90% of the lowest price to be satisfied.

After making a sale of malt and pricing the barley from the CWB, maltsters will have 2 weeks to cover/originate from farmers. If they can't do that within the two weeks (because the price is too low) then the maltster has the option of canceling all or part of the deal with the CWB (and to its customer - now THAT's good business!!!).

If he doesn't cancel, then that maltster wears the risk that he won't get the barley in without paying more (but remember - he's already paid for the barley to the CWB). This is what the CWB calls risk management; make others wear the risk.

This is not price transparency. All it is, is showing 90% of the worst sale the CWB has made recently. Not the market price.

In an open market, if the market is $320 one day and $370 a week later, there's no one there to say, "Farmers, keep selling at $320 until our sales are covered. After that, we'll tell you what the market price is for more".


How the CWB can say this is what farmers wanted and what the industry needs is beyond my sense of reality.

[chaffmeister]

funny thing is that some people are already feeling that we will have to put up with this program for this year.
WHY? the CWB is going to break the maltsters sooner or later, how long can they go with out getting contracts for barley after Aug 1? how many sales can they miss? what are their alternatives?
SO what has to happen? its up to us, either don't grow barley or get out there and really start bitching about it. Write letters, call your MP, call your CWB director, friggin get your maltster or grain company to write you a contract!!
The government won't do anything if we don't get out there and start telling the CWB that this is not what we want. not even close!!
Erik

[mcfarms]

Good way to put it chaff, and remember in that time period you will see both premium sales for premium quality and discounted sales for anything that grows ok and resembles barley because under the new standards if it sells to someone as malt its all the same.

[mcfarms]

Eric
I'm not feeling we have to put up with it I've made the offer to sign a contract with my customer (and I know who it is right through to the can) And yes I suppose I better write or call my director who is also yours and has been beyond silent over the last while on this at least publicly.
And for what it's worth I'll track an FBR or so , I just really feel that the political will is not there I hope I'm wrong and I often am when it comes to politics.

[TOM4CWB]

Folks,

We have a responsibility to call the 1-800-275-4292 number, give your PIN# and name...and in tell these folks that this CASHplus program is not appropriate. As Chaffmeister said in specific detail above... and I repeat as an Analogy:

We are done using guns on issues like this in our country... Chairman Ritter should be required to put his gun away and use a smile instead... or resign!