Agstudent another thought in relation to your concern.
Remember when it looked like marketing choice was going to happen in barley?
The CWB wanted all sorts of money from the feds as compensation because early on in the year when prices were lower they sold barley that they didn't have to maltsters without an offsetting position in the futures market.
Why they do this kind of thing is obvious, the board under the current system gets the grain no matter what the current world supply and demand situation says the price is and farmers have no option but to take the board price.
The exact scenario you describe as a concern is one that regularly happens with the CWB.
Remember when it looked like marketing choice was going to happen in barley?
The CWB wanted all sorts of money from the feds as compensation because early on in the year when prices were lower they sold barley that they didn't have to maltsters without an offsetting position in the futures market.
Why they do this kind of thing is obvious, the board under the current system gets the grain no matter what the current world supply and demand situation says the price is and farmers have no option but to take the board price.
The exact scenario you describe as a concern is one that regularly happens with the CWB.
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