$.5B per year... lost to CWB single desk...

[Fransisco]

You can't be that blind Wilagro, look at the chart, the highs are much higher than the lows. The board got you a below average price. AGAIN!

[TOM4CWB]

Wilagro,

Fran and Chaff are being way to nice to the CWB.

The CWB scammed over $70/t off my PPO contracted wheat... which all went to BRING UP the value of the 07-08 pool.

So the CWB steals this money from my farm... as again they are doing on PPO's for 2008-09.

AND I am to be pleased and happy with the services?

You totally miss the purpose of risk management Burbert.

The use of these economic tools is supposed to BENEFIT 'designated area' growers... if private industry did; what the CWB has done... for their CWB 'shareholders'... NOT ONE PERSON would be left employed with CWB management.

The probono public interest... to keep CDN/Global consumers with below market value board grains flowing... and multi-national food companies with massive profit margins... is obviously your only LOGICAL purpose in defending the CWB.

I object.

I don't care what the CWB sales dept. does... but our farm needs the opportunity to obtain a FAIR price the day/week/month the board grain becomes available to market. The rest of the time... I don't see why I should pay someone down at the CWB to lose my farm significant financial resources.

You can pay them Wilagro and Burbert... that is your privilege... if they fulfill some higher 'purpose' in your mind and for your farm.

Again...How much board grain each year do they sell for you folks?

[chaffmeister]

The CWB's target is the average price. The Pricing Model assures that.

After administration and other costs only found in the CWB system (like higher handling costs), the "net target" to the farmer becomes less than average.

The CWB allows discretionary trading. This could go either way - either they make money or lose it. Seems the way the CWB is set up, this is the only way to net better than average prices.

There's nothing that even remotely suggests that the CWB needs the whole book (the single desk) to pull this off.

They could do this as a voluntary CWB in an open market.

In fact, I could see guys booking a portion of their crop with the CWB - to lock in a "somewhat average" price for the year. The rest of their crop they would market/price on their own.

This is sound risk management - reduce your market exposure with the voluntary CWB pool, and diversify your wheat marketing portfolio with other strategies.

[Burbert]

Stats are for lazy people. Lets see, one, two, three, four, more and more, thats good. The big picture is a bit more complicated, to say the least. A fat bank account, is just part of being a good person, eh. Greed is good, greed is what makes the world go round!

[bucket]

Burbert

You seem to be a generous person. How would you like to start paying some of my expenses? You like income splitting via the cwb for your income, how about expense splitting for farmers.

It isn't greed - its about working damn hard and wanting what my crop is really worth. Its about getting the premium for my farm. I held on to peas until they were $12 - that's not greed that's getting the premium.

Wage earners like nurses and Viterra workers are looking at a 35% increase - don't you think your farm deserves an income increase for the risk you take?

[TOM4CWB]

Burbert;

What world do you live in?

Are you telling us... that you believe we have healthy bank accounts... when the reality is clear to every 'designated area' grower that we have never had larger bank loans/advances... in the history of our grain farms?

Where do you get this 'greed' judgement from...

We are charged with the moral obligation to provide food to a hungry world...

Then

YOU approve of short change CWB methods that detract and depreciate our assets at seemingly every opportunity possible.

WHO DO YOU WORK FOR?

WHY would you say these things?

Do you have the slightest clue on what is involved in operations of a modern 'designated area' grain farm of more that 2000ac?