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Fishy fishy in a brook, Wheat Board caught 'em with a hook

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    #11
    Parsley/Charliep,

    Some interesting items that I haven't seen explained by the CWB yet:

    1) Farmer can only contract with a selector/maltster who has completed negotiations with the CWB on a barley purchase contract meaning that the farmer does not get to pick the time that he will sell nor neccessarily who he will sell to. No Marketing Freedom there.
    2) Since the selector decides the timing to book his barley from the CWB and presumibly he will be looking for a time when prices are at their lowest, has the CWB permanently discounted the market by not being an active marketer?

    Is it just a coincindence that the CWB's indications of what a Cash Plus value to the farmer would be has risen from $5/bushel in early Janaury to $6.50 today while most in the industry have rejected the program as not being Transparent? Market prices would be well over $7 net to the grower and really haven't changed much in this same time period.

    It would take a true cynic to think that this would have been an attempt by the CWB to capture a larger spread from the farmer in order to cover the losses in last year's contingency fund.

    By the way Vader, a shill is defined in Wikipedia as "a critic who appears all-too-eager to heap glowing praise upon mediocre offerings".

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