Announcement CWB Antidumping Tariffs

[TOM4CWB]

Brian99;

I don't understand why you think you lost any hedging ability through the US duty.

The CWB controls the basis... and the MGE/KCBT/CBOT futures prices are still the world price points that are used to benchmark world wheat prices.

The 1% lower return caused by the US Duty on the CWB Spring Wheat Pool is already more than accomodated for in the CWB Basis...

Ianben;

We are all on this little green planet third from the sun... we are all neighbours... lets enjoy our discussions... and learn what we can... to constructively improve our marketing systems... to be more transparent therefore better farming decisions can be made by each one of us!

We can all only change what we ourselves do... not what our neighbour does...

What constructive changes need to be accomplished to have the US Duties dropped?...

Isn't this the question we need to answer?

[TOM4CWB]

I see this on DTN;

Canada to Stop Illegal Dairy Subsidies

DTN 05/09 14:03


“The United States has reached a settlement with Canada regarding Canada's illegal subsidy program for its dairy exports, announced the Office of the US Trade Representative and USDA today.
As a result of today's settlement, Canada will no longer export subsidized dairy products to the US and will significantly limit subsidized dairy exports to other countries.

Key elements of the settlement between the United States and Canada are:
1) By April 30, 2003, all Canadian provinces eliminated the CEM program, which the WTO ruled as providing export subsidies. The federal government of Canada also is making consequential amendments to its regulations related to CEM.
2) Canada prohibited any new contracts under the CEM program as of December 31, 2002, thereby limiting the amount of subsidized dairy exports for the remainder of the current marketing year, ending July 31, 2003.
3) As of May 1, 2003, all deliveries of CEM milk ceased, and there will be no exports to the United States of any subsidized milk or cream.
4) Canada ceased issuing permits for the export of dairy products under its Special Milk Class 5(d) for the remainder of the current marketing year.
5) For the current marketing year, Canada will ensure that subsidized exports of butter and skim milk powder stay within the level established in the WTO.
6) Canada will exceed its WTO commitment level for subsidies provided to exports of cheese and other milk products by a limited amount in the current marketing year. Due to the elimination of the CEM program, however, as of August 1, 2003, no subsidized dairy exports will enter the United States, and Canada also will limit its subsidized dairy exports to other foreign markets to the level established in the WTO.”


Now, the CDN gov swore up and down they were doing nothing wrong... on Dairy exports...

Charlie;

Exactly what demands are the US asking for to end the duties on our wheat?