Dear Vader and Agstar77,
Since the Hard Spring market is in orbit, and growers in Canada have a 'single desk' to market through, what is the CWB doing to help those cornered by CWB basis structure that is taking well over $4/bu off the value of undelivered spring wheat?
AS "designated area" growers DO NOT have an option to avoid the CWB, and CWB Directors have a fiduciary responsibility to:
Code of Conduct
"I. PURPOSE AND OBJECTIVE
A. The purpose of this document is to establish standards of conduct expected and required of all Directors of the Canadian Wheat Board (CWB). The objective is to enable the CWB to effectively achieve its mission by maintaining a reputation for the highest standard of public trust and confidence in serving western Canadian wheat and barley farmers and other producers as appropriate, its customers' and the public's interests."
"C. The standards consist of principles, duties, ethical and conflict of interest standards, and requirements for implementation. All of these elements are of equal importance."
"II. PRINCIPLES
A. The CWB is committed to engaging in relationships with western Canadian wheat and barley farmers, the public, with the business community, with their employees and among themselves in an environment which:
(i) provides service to western Canadian wheat and barley farmers and customers that is courteous, professional, equitable, efficient, and effective;
(ii) is sensitive and responsive to the changing needs, expectations and rights of a diverse public;
(iii) values and respects multiculturalism and cultivates understanding and mutual acceptance of cultural diversity among all customers, suppliers, employees and stakeholders; is free from favoritism, fear, coercion, discrimination or harassment;"
"II. PRINCIPLES
A. The CWB is committed to engaging in relationships with western Canadian wheat and barley farmers, the public, with the business community, with their employees and among themselves in an environment which:
(i) provides service to western Canadian wheat and barley farmers and customers that is courteous, professional, equitable, efficient, and effective;
(ii) is sensitive and responsive to the changing needs, expectations and rights of a diverse public;
(iii) values and respects multiculturalism and cultivates understanding and mutual acceptance of cultural diversity among all customers, suppliers, employees and stakeholders; is free from favoritism, fear, coercion, discrimination or harassment;"
"IV. ETHICAL AND CONFLICT OF INTEREST STANDARDS
In fulfilling the above principles and duties, the following represents minimum ethical and conflict of interest standards.
A. Directors must perform their responsibilities in a manner that avoids any real or apparent conflict of interest between their private interests and the interests of the CWB.
B. A director has a conflict of interest when the director exercises an official power or performs an official duty or function and at the same time knows that in the performance of the duty or function or in the exercise of the power, there is the opportunity to further his or her private interest.
C. An apparent conflict of interest exists when there is a reasonable perception, which a reasonably well informed person could have, that a director's ability to exercise an official power or perform an official duty or function was or will be affected by the director's private interest."
Since the Hard Spring market is in orbit, and growers in Canada have a 'single desk' to market through, what is the CWB doing to help those cornered by CWB basis structure that is taking well over $4/bu off the value of undelivered spring wheat?
AS "designated area" growers DO NOT have an option to avoid the CWB, and CWB Directors have a fiduciary responsibility to:
Code of Conduct
"I. PURPOSE AND OBJECTIVE
A. The purpose of this document is to establish standards of conduct expected and required of all Directors of the Canadian Wheat Board (CWB). The objective is to enable the CWB to effectively achieve its mission by maintaining a reputation for the highest standard of public trust and confidence in serving western Canadian wheat and barley farmers and other producers as appropriate, its customers' and the public's interests."
"C. The standards consist of principles, duties, ethical and conflict of interest standards, and requirements for implementation. All of these elements are of equal importance."
"II. PRINCIPLES
A. The CWB is committed to engaging in relationships with western Canadian wheat and barley farmers, the public, with the business community, with their employees and among themselves in an environment which:
(i) provides service to western Canadian wheat and barley farmers and customers that is courteous, professional, equitable, efficient, and effective;
(ii) is sensitive and responsive to the changing needs, expectations and rights of a diverse public;
(iii) values and respects multiculturalism and cultivates understanding and mutual acceptance of cultural diversity among all customers, suppliers, employees and stakeholders; is free from favoritism, fear, coercion, discrimination or harassment;"
"II. PRINCIPLES
A. The CWB is committed to engaging in relationships with western Canadian wheat and barley farmers, the public, with the business community, with their employees and among themselves in an environment which:
(i) provides service to western Canadian wheat and barley farmers and customers that is courteous, professional, equitable, efficient, and effective;
(ii) is sensitive and responsive to the changing needs, expectations and rights of a diverse public;
(iii) values and respects multiculturalism and cultivates understanding and mutual acceptance of cultural diversity among all customers, suppliers, employees and stakeholders; is free from favoritism, fear, coercion, discrimination or harassment;"
"IV. ETHICAL AND CONFLICT OF INTEREST STANDARDS
In fulfilling the above principles and duties, the following represents minimum ethical and conflict of interest standards.
A. Directors must perform their responsibilities in a manner that avoids any real or apparent conflict of interest between their private interests and the interests of the CWB.
B. A director has a conflict of interest when the director exercises an official power or performs an official duty or function and at the same time knows that in the performance of the duty or function or in the exercise of the power, there is the opportunity to further his or her private interest.
C. An apparent conflict of interest exists when there is a reasonable perception, which a reasonably well informed person could have, that a director's ability to exercise an official power or perform an official duty or function was or will be affected by the director's private interest."
Comment