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CWB 'single desk' 101

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    CWB 'single desk' 101

    Grainbeetle;

    How long would any other grain company survive if they had over $460 million in hedge losses?

    If the company refused to disclose accounting for those hedgelosses... how happy would shareholders be with management? With the 'single desk' the CWB steals the mismanaged from me... and there isn't a thing I can do about it... except this.

    Grainbeetle... if you pool only... that is your choice... but when you effectively steal money out straight of my wallet (which the CWB just did)... I am offended... .

    Worst yet... the theif is still walking behind me... ripping me off... every time I am forced to sell you and the CWB another bushel at the 'single desk' rip off price.

    The CWB... where the lowest price is the law... or the 'single desk' would not exist!

    (If the CWB board grain price outside the designated area [the rest of Canada & the world]... was lower than what the CWB paid us growers... there would be no CWB
    'single desk' to confiscate and take our freedom.)

    Clearly it is in the 'best' interests of the 'CWB Corp' since the 'single desk' is required for the CWB's survival... to pay us 'designated area' commercial growers the lowest prices possible.

    #2
    Grainbeetle;

    Where do you get your income from... grain sales off a farm you own... or from CWB deductions off my Board grain cheques?

    Comment


      #3
      The freight and terminal handling mentioned on the pool operations under wheat, add up to $30.13 per tonne.
      Is that added freight going to the East coast?
      Moving wheat from my elevator in Killam, AB. to the coast, costs me $48.00 per tonne. Add the $30.13 per tonne to $48.00 per tonne, $78.13 per tonne. That makes -$40.00 per tonne basis on canola cheap.
      Right now basis on canola is anywhere from zero to -$11.00 per tonne. Them muti-nationals are just raping us.

      Comment


        #4
        This is my problem with the CWB related to the 2007-2008 annual report and before. Their testimonials from some significant acreage players, 9500 acre - Sask, 4700 acre - Alberta, 2500 acre - Manitoba, close to the U.S. border, would lead the public to believe that support is there for the CWB, and it is not just coming from 160 acre hobby farmers, retired landlords, organic farmers, commercial seed growers, and I haven't got time to market my own grain farmers. Throw in the close to the U.S. border because everyone knows I love to have my durum railed to Thunder Bay. I speak specifically about durum, because I don't grow wheat. I'll give you supporters your dues on how happy you are with the CWB results. I know from listening to North Dakota farmers that 75% of them contracted their durum in the spring of 2007 for $5.00 to $7.00/bushel, a good price compared to previous years. One N.D. farmer told me that when the price went to $10.00/bushel, he couldn't stand waiting any longer, pulled the trigger, and sold the majourity of his durum. His floor vacuum durum, a small amount, he sold at $23.00/bushel. When I told him the CWB paid out $12.00/ bushel average, because that is all farmers get is an average, he said, " I wish I could have got that". Here's my problem CWB supporters. There is no incentive for the 25% of us that have discipline, don't panic, and think orderly marketing sucks, which is the prime objective of the CWB over everything else. I'll give credit to those few of you who would have contracted 2008-2009 sales, if you would have been allowed, when everyone had the information and realized the short crop rally was on, but you missed it for 2007-2008. Don't feel bad because so did the all knowing CWB. I don't for one second believe that the CWB didn't pre-sell a whole bunch of durum in early 2007, and on long term contracts at the traditional price it was use to asking. Further, at every opportunity, I tell those CWB marketers that they should be giving free weather equipment and free subscriptions to competitor durum market countries so that the Board knows what their crops are doing. Knowing ours is not the priority, unless blowing our durum out early is really the priority. Who could possibly accuse them of that? I'm one of the 14% who voted for the CWB demise. I did so because I got tired of the supporter argument that I wanted it both ways. From the testimonials, it's apparent that there is enough CWB durum growers out there that you would make a significant pool amoungst yourself with the CWB handling your affairs. I'm out, and I don't want in, ever, which suprisingly actually met the concerns of some, others claimed I'm just being greedy because of my situation, ability to store grain, and no outside pressures, things that they didn't have. I call it discipline, they call it greed, yet I never could understand the greed part because we all know the CWB got a premium on it's durum sales.

        Comment


          #5
          Checking,

          The Alberta Viterra dry bean pooling system... is a perfect example of proof that the CWB is blowing smoke about voluntary pooling NOT being a viable option. US bean companies came in... and then left... because growers were treated fairly and respected. AND THIS IS IN SOUTHERN ALBERTA.

          THE CWB could INCREASE volume by at least 25%... from the value of crops it buys today... if it respected growers and did what Viterra does for dry bean growers.

          The 'single desk' argument the CWB uses today... is bogus nonsense... and the CWB directors know it.

          Meanwhile we continue to lose well over half a $$$ Billion a year... because the whole system the CWB creates... breeds deception... mistrust... greed... fear... and promotes a break down of co-operation.

          If the CWB would be honest... instead of being lazy destructive academic vegetation... our assets and communities would all prosper much more than what we settle for today!

          Comment

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