another lawsuit

[chaffmeister]

wilagro:

You ask "Grain prices go UP and DOWN. Will the open market ALWAYS pay you MORE than the year before?"

No – you’ve missed the point entirely. (not even sure where that came from - more than the year before????)


You ask "Will the open market pay you the TOP price every year?"

That depends on you. But as Fran said, nobody's talking about TOP price - just average.


You ask: "Do you expect the CWB to be exempt from these UPS and DOWNS of the market place?"

No, I would expect the CWB to exploit the highs and minimize the lows to get at least average prices.

(Again, you missed the point.)


We’re talking average price over the crop year. <b>AVERAGE.</b> Not “TOP price”. Wilagro – even you could do better on your own by just selling 10% each month from Sept to July. Or Aug to June. Whatever. It ain’t rocket science.

There’s something rotten at 423 Main Street and I am surprised that even you can’t smell it.

[chaffmeister]

wilagro:

a further response to your last post:

Re: "imaginary losses you ascribe to the CWB".

Imaginary? CWB PRO minus CWB Card price (selling price) times CWB pool size. Ain't nothin' imaginary there. Them's all real numbers from the CWB's own website.

Re: "best "estimates" or better yet "delusional guesses"."

Estimates are "approximate calculations" done when the real numbers aren't available.

All the numbers in my calculations are REAL CWB NUMBERS.

Is the pool return an "estimate"?
Nope.

Is the CWB Card Price published publicly an "estimate"?
Nope. It's the real CWB Card Price.

Is the pool size an estimate?
Nope. It's the real pool size as reported by the CWB.

Wilagro, I didn't guess at any of these. None of them are estimates, they are the real deal - straight from the CWB.

What is "delusional" is the blind acceptance you have of any information from the CWB -- unless it doesn't agree with your philosophical bent.


"You can't handle the truth!"

....................Nathan R. Jessep (played by Jack Nicholson in "A Few Good Men")

[chaffmeister]

It took me a while to compile all the data from the CWB but I did the pool return vs average selling price calculation for the 05-06 pools:

05-06:
spring wheat: $44.74/t ($1.22/bu) below crop year average offer price
durum: $26.99/t ($0.73/bu) below average
malt barley: $26.73/t ($0.58/bu) below average

TOTAL: $745.5 MILLION

From before:
06-07: $1.1 BILLION
07-08: $1.4 BILLION

Total for the last three years:

OVER $3.2 BILLION BELOW AVERAGE

I think I see a pattern here......