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The 'NEW' CWB... 'pillage the commercial grower'

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    The 'NEW' CWB... 'pillage the commercial grower'

    Fransisco et al;

    The CWB just put out a 'News Release' claiming themselves the 'Messiah of the grain industry'.

    Too bad the CWB mangers refuse to admit... ONE HUGE ISSUE.

    Respect for the decision... of the individual 'designated area' grower...

    These same commercial growers who are responsible to (by far the vast majority to family farms) maximise and create every possible value...

    Sales from the grain they themselves grew... with NO HELP whatsoever from the CWB.

    Chairman Hill; the CWB performance measures introduced have been a...
    resounding failure...

    Because of clear refusal to accept accountability/responsibility for horrible risk management... and market structures that pillage growers craving market choices!

    As the C.D. Howe study proves... and the CWB Contingency fund confirms... TOTAL FAILURE... being rewarded with a 'bonus' for the CWB manager's 'Crime of the Century'!

    Background:

    A decade of farmers working for farmers: the new CWB
    December 31, 2008

    Winnipeg – Western Canadian farmers are ringing in the new year with an extra reason to celebrate. Tomorrow marks 10 years of farmer control of the Canadian Wheat Board (CWB). A producer-controlled board of directors first assumed its duties on Jan. 1, 1999.

    View the interactive timeline: Ten years of farmer control

    “This has been a decade of tremendous change for the CWB,” said Larry Hill, a farmer from the Swift Current area who has been on the board of directors since its inception in 1999 and today serves as its chair. “As producers, we wanted more flexibility and choices. We wanted major improvements in CWB accountability to farmers. The results have been dramatic.”

    Change began immediately. By 2000, for the first time in the history of the CWB, farmers were able to choose their own prices for wheat, outside of the pool. As another of its first acts, the board invited federal Auditor General Sheila Fraser to review the CWB’s finances, operations and governance, then began developing accountable performance measures.

    Today, farmers can choose from a range of payment, pricing and delivery options, as well as pooling. A major change for malting barley provides farmers with an upfront cash price for the first time. Corporate performance benchmarks are in place, linked to employee remuneration. Value-added incentives provide more leeway for niche-market or farmer-owned processing.

    “In many ways, this is a new CWB,” Hill said. “We’ve come such a long way since 1999, but the evolution needs to continue. We have be sure that our programs match farmers’ needs and our accountability measures assure them their financial interests are well served. We need to demonstrate the value this organization adds to their farm businesses. We must improve our interactions with producers, who are the owners and stakeholders of this corporation.

    “For me, farmer control is about doing the right thing for all producers,” Hill said. “The CWB is our CWB. It’s important that we all think of it that way – and make sure it keeps working for us.”

    An attached backgrounder highlights many of the changes that have occurred as a direct result of farmer control of the CWB since 1999. More information can be found at www.cwb.ca .

    Controlled by western Canadian farmers, the CWB is the largest wheat and barley marketer in the world. One of Canada’s biggest exporters, the Winnipeg-based organization sells grain to over 70 countries and returns all sales revenue, less marketing costs, to Prairie farmers."

    It is truly amazing... how the phrase 'less marketing costs' is just a license to steal...

    Chairman Hill... I need OUT of your fallacy.

    #2
    Excuse me, I'm a little nauseous after reading that, I think I'll be needing a bucket.

    Comment


      #3
      Fransisco;

      PLEASE remember... the CWB managers are getting paid... a variable 'Bonus' payment (up to 30%)... [kind of like a 'special' final payment] IF they can convince the average permit book 'suffix' CWB ID holders...(those that are the vast majority of voters in CWB elections)...

      That the CWB is GREAT!

      If they can convince 'suffix' members... every thing else is a piece of cake!

      Comment


        #4
        Since the vast majority of permit book holders didn't vote I think the bonus should be null and void.

        Comment


          #5
          Fransisco,

          The CWB got over 50% to vote... which I would say is extraordinary!

          How many suffix ID's in the average book, 6?

          Comment


            #6
            Fransisco;

            A good subject for a CWB access to information request... would be to know how many voters were 'actual producers'... and how many were 'suffix' ID holders?

            How many 'Permit Books' actually created the voters list?

            Comment


              #7
              I am already breaking my first resolution of 2009 by jumping in to a thread but what the heck.

              I found the backgrounder as interesting as anything where the CWB list of new programs in the backgrounder. By way of analysis of 2008 and prior (a thing a person does on the last day of the year), I have to ask the following questions.

              Are the programs and changes listed (there are many) just window dressing or do they meet the needs of farmers both as sellers of a commodity or as someone who would invest up the supply chain business needs? Have the programs been used (quantity)/can the CWB demonstrate success stories (quality)? What are the costs of the programs to the overall pooling system?

              I note the list of contracts and changes to systems. Has the CWB learned lessons from something like the 6 month pooling for feed barley that could be applied to wheat/malt barley pricing pools? Is there an application of the cashplus program for malt barley to wheat/feed barley (allocating producer pricing contracts directly against actual sales versus managing risk across an 15 to 18 month pooling year)?

              The list spends a lot of time on performance measures in the annual report. How are the performance measures generated (internally or externally)? What due diligence does the Board of Directors do to ensure these performance measures accurately reflect CWB activities/operations delivery on programs?

              Comment


                #8
                Hi Charlie!

                Happy New Year!

                The silly thing about CWB performance assessment... is that they measure themselves... against their own theories... and seek to discredit every logical farm gate comparison that really are the bottom line for the very grower the CWB 'claims' to extract a 'premium' from the 'single desk'.

                Nothing adds up... but the 'premium' for customers of the CWB.... that appear very satisfied on a risk management basis analysis.

                If I am in fact wrong on the 'customer' point of view... then we are really sucking air... as then this CWB system simply maximises losses... for everyone.

                What a happy way to end 2008... paying bonuses... to folks at the CWB... to maximising my losses!

                ONLY in Canada!

                Comment


                  #9
                  It’s easy to see why some people don’t believe a thing the CWB puts out…


                  Western Canadian farmers are <b>NOT</b> ringing in the new year with an extra reason to celebrate. (Do they really think that anyone is out there actually "celebrating" CWB governance?)

                  This has <b>NOT</b> been a decade of tremendous change for the CWB. (Not nearly enough change.)

                  producers … wanted major improvements in CWB accountability to farmers. The results have <b>NOT</b> been dramatic.

                  Change began immediately. (He’s kidding, right?)

                  Farmers <b>HAVE NEVER BEEN</b> able to choose their own prices for wheat, outside of the pool. (I choose $20/bu. just like my cousin in Minot. What do you mean, "no"?)

                  The board <b>DID NOT INVITE</b> federal Auditor General Sheila Fraser to review the CWB’s finances, operations and governance. (It agreed to a “special audit” only after much “negotiation” and with substantial restrictions placed on the Auditor General. Clearly they don’t know the meaning of the term “invite”.)

                  The CWB <b>HAS NOT</b> begun developing accountable performance measures. (At least not ones that can actually measure performance openly. The CWB is more secretive and slippery than ever before.)

                  “We have to be sure that our programs match farmers’ needs (<b>THEY DON’T</B>) and our accountability measures assure them their financial interests are well served (<B>THEY AREN’T</B>). We need to demonstrate the value this organization adds to their farm businesses. (Then do it. So far you’ve failed miserably.)

                  We must improve our interactions with producers, who are the owners and stakeholders of this corporation. (You mean like real shareholders? Does this mean future votes will be based on each individual’s amount of financial interest in the “corporation”? No, I didn't think so.)

                  Controlled (hahahahaha) by western Canadian farmers, the CWB is the largest wheat and barley marketer in the world. One of Canada’s biggest exporters, the Winnipeg-based organization sells grain to over 70 countries (<b>in 06-07 it was actually 64 countries but who’s really counting</b>) and returns all sales revenue, less marketing costs, to Prairie farmers."

                  Comment


                    #10
                    GOD I HATE THE CWB!!!!!!!!!!!!! I got some really awesome CWB logos that I wish I could post here. I was bored one day and did it.

                    Comment

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