CWB single desk status safe for now says FAS

[TOM4CWB]

timm,

How do you know what prices I did or didn't miss out on?

How can anyone stand against a grower... who actively found a market for their wheat... at $22/bu... but had to send over $10/bu to the CWB to get 'permission' to ship their own grain?

WHO does the CWB work for... you Timm?

Why did you need over $10/bu out of my pocket... what makes you deserve this reward?

Perhaps I can come over with a bulk tank... and fill it with diesel because of the loss you caused me?

When can I come?

[timm]

If we had an open border you assume they would take all our wheat...dream on tom

[TOM4CWB]

timm,

JUSt think for one second...

Why WAS the price $22/bu?

Because our system in Canada is BROKEN... and there was NO WAY around it!

So what good did it do... to have farm gate prices at $22/bu in the US...?

The rest of the world... saw it. SURPRISE SURPRISE... just like the big spike in 96... huge wheat production... years to overcome the shock.

80mmt extra wheat.

There was wheat and rice planted in the most obscure unlikely places...

AND WHAT GOOD HAS it done grin growers in the 'designated area" Timm?

For how many years will we pay... again just like 1996... for the stupidity of not back filling the market when it screemed for our wheat!

How stupid can we be?

We are supposed to learn from our mistakes... not make worse ones going forward!

If CDN wheat HAD been allowed to backfill the shortage in the US... would wheat have ever got over $10/bu?

I doubt it!

What would have been s bad about that timm?

$10/bu not enough for you Mr. Timm?

SO we will settle for $5/bu NOW?

Answer my question... when can I come and 'share' some of your fert and fuel... "pool' a little... for the damages you approve of... and the money you took from our farm last spring?

[Zaphod]

Timm, the DPC prices were not available to most farmers because the limited contracts were sold out in an hour and a half. So yes, a price was posted but most farmers weren't able to get contracts. Now the DPCs are gone and replaced with a new contract that trails the market badly. Thanks a lot for failing to mention that.

And for the "good" FPC prices that were available in February, the US farmers had a much wider pricing window to sell their wheat at high prices, not just a few weeks in Feb.

Finally, the idea that Cdn wheat would swamp the US market is hilarious. The US exports 60% of their spring wheat. That means that the $22 wheat was being shipped out the west coast and sold around the world. That's something the CWB should have been doing too.

[timm]

Flexpro and Fpc were available mid August 8$ net still...the us is a premium market...the issues r in the input side of things a hell of a lot more than the cwb...profarmer farmlink tom etc (the experts) missed the boat..they dont have a clue either.

[TOM4CWB]

timm,

"the us is a premium market"

The US -IS- the world market for high quality milling wheat markets. DNS is claimed to be of lower quality by the CWB than CWRS... and the CWB gets us less. The CWB and US marketers shipped similar percentages of the crop last year... to markets outside of North America.

IT IS an integrated market for DNS wheat... the 'designated area' just has to hold the stocks... at pool price with no storage... for the industrialised world.

A Cheap Food Policy for the wealthy.

A high quality WHEAT give away... for the developing countries... that don't gain anything.. from our intrinsic quality or higher cost of production.

1 Billion a year lost to market inefficiencies... sure glad you can afford it timm... but my farm family & community shouldn't have to put up with your hand being in our back pockets!!!... just to fulfill you communist dreams.

[chaffmeister]

timm:

Nobody, not even the "experts" at the CWB with all their market intelligence can forecast the market precisely and pull the trigger at the top. To criticize individuals because you don't think they can do better than the CWB is not only insulting, it misses the point altogether.

The CWB does not add any value to grain marketing. No premiums, lousy market timing, high costs, poor logistics, injures non-CWB markets, discourages investment, etc, etc. Don't even begin to bore me with ANY counter argument. It's non-debatable.

And don't bore me with the pedantic argument that you don't have to grow wheat and sell it to the CWB - "Grow something else". Trouble is the impact of the CWB is on the whole system, the whole economy - not just on wheat and barley.

This is what makes the single desk "authority" over grain growers so exasperating. It does a lousy job - and the ones that see that have no choice but try to change and improve it.

Many talk about it just being about freedom. It's more than that. It's about the dignity that goes with accepting the responsibility for your own livelihood. Whether the CWB helps or hinders doesn't change this basic premise one iota.

But the fact that it does INDEED HINDER and frustrate personal efforts to prosper, makes it that much more unacceptable.

Whether people can pick the tops of the market for themselves or not is such a stupid argument. Especially when the CWB can't do it.

If you can't see how the CWB is an albatross around the western economy's neck, that's unfortunate for you. But ignorance does not give you the right to force your neighbours to accept an unworkable system.

[TOM4CWB]

Chuckchuck and timm;

A Conservative was talking to his friends’ little girl, and she said she wanted to be Prime Minister some day.



Both of her parents, NDP supporters, were standing there, so he asked her, 'If you were Prime Minister what would be the first thing you would do?'

She replied, 'I'd give houses to all the homeless people.'

'Wow...what a worthy goal.' But,' he told her, 'You don't have to wait until you're Prime Minister to do that. You can come over to my house and mow the lawn, pull weeds, and sweep my yard, and I'll pay you $50. Then I'll take you over to the grocery store where the homeless guy hangs out, and you can give him the $50 to use toward a new house.'

She thought that over for a few seconds while her Mom glared at him, then she looked him straight in the eye and asked, 'Why doesn't the homeless guy come over and do the work, and you can just pay him the $50?'

And he said, 'Welcome to the Conservative Party.'

Her folks still aren't talking to him ...

Sounds EXACTLY like what 'single desk' supporters... want from my families farm... revenue from our farms produce... without the work or risk to create the value in the first place.

ADMIT IT... the rest is all excuses and window dressing!

[Zaphod]

Timm, compare the FPC against prices in the US anytime between Feb and Aug (and beyond). Any day of the year, the US farmer can do better than the CWB. The only reason the CWB did ok in 07/08 was because they sat on their hands all year, not marketing brilliance.

[chaffmeister]

Let's play with some numbers.

Over the years from 02-03 to 06-07, the CWB pool return on spring wheat for a Sask farmer averaged $0.65/bu below the annual crop year average MGEX/DTN street price index for spring wheat.

BUT

In 07-08, the year the CWB did such a "fabulous" job, the pool return was about $1.72/bu below the average MGEX/DTN price.

Relatively speaking, the CWB did a worse job that year than before.

[timm]

Cp doesn't waist time worrying about the cwb either...why's that???

[chaffmeister]

Can't answer for him but from what I've seen CP write about the CWB, he doesn't understand the magnitude of the impact it has on his farm.

[timm]

Cp doesn't waist time worrying about the cwb either...why's that???

[Zaphod]

I'd say it's because he makes his money trading, not farming.

[TOM4CWB]

timm,

So on Fridays prices:

US PNW Export price... 1DNS14
= over $10/buCDN

CDN Equvelent... $Flexpro
= $6.60/buCDN in Vancouver B.C.

We are out over $3/bu...

AND this is just peachy with you timm?

An extra cost of $3/bu Chuckchuck doesn't tell you there is something seriously wrong with our CWB system?

The largest single cost on my farm... by far... the CWB... $165/ac.

AND you are worried about input costs? How about this one?