I Still dont get it?

[sumdumguy]

I presume you are asking about the Weyburn Inland Terminal. WIT was paid to buy and store grain for the Canadian Wheat Board as were all grain companies. The value added due to drying, mixing and marketing was a boon to local farmers. I was never on the board but heard that they considered that arrangement the crown jewel. Other Agrivillers closer to the epicenter can fill you in on why it was sold. I still can't figure that one out.

[chuckChuck]

StoneP, Coops don't need a monopoly to add benefit to farmers. The profit is reinvested or paid out in dividends to the member owners.

But you seemed to have missed my point. Almost all the industry that serves farmers on the grain handling side and input side is moving towards greater levels of concentration with less competition.

Giving up the pools and the CWB means farmers have nothing to counter the anti competitive power of many foreign owned companies. If you think that was a desirable outcome of getting rid of the Pools and the CWB good luck because you will need it.

[blackpowder]

What you never seem to accept is the fact that the board was directly responsible for its own demise. Sadly leaving a vacuum.

[chuckChuck]

Harper and Ritz lied about what was going to replace the monopoly. Politics is what brought the demise of the CWB.

Put to a vote by farmers at the time the CWB would have survived for a longer time. That is why Ritz and Harper never had a farmer vote because they knew they would lose.

Harper and Ritz have given away farmer assets now owned by Bunge and SALIC. Well done!

Good luck with the low price of wheat. But at least you got your freedom to choose between twiddle dum and twiddle dee.

"G3 Global Grain Group is a joint venture between Bunge Canada (Bunge) and SALIC Canada Ltd., a wholly owned subsidiary of Saudi Agricultural and Livestock Investment Company (SALIC)"

[tstep]

I always felt that harpo and the ritz wanted the farmers of the west to be more like the American farmer. Taking away the CWB put us on the same level as the farmers south of the line. Why we couldn't have kept our own way of marketing our product thou out the world is an other story. The yanks fought against the CWB for many years and lost the fight a dozen times, saying it was a illegal subsidy to the Canadian farmer. Why we couldn't have our own marketing system and not be like the Americans all the time. If you think they are better off then move there!!