CWB Price ' WHAT is a PREMIUM'?

[cityguy]

Don't ask me to try and interpret the CWB's BOD. I don't see anything from them that you don't see. That being said the CWB has done a lousy job in explaining their sales plan and how they measure against their benchmarks. Obviously their view of a premium isn't to beat the US spot price day in day out. That's why it's important that when they say they get a premium someone has to at least get them to answer "ya but, a premium to what?" Again, if the only measure is to beat the US price daily, then they have 100% chance of failure.

[TOM4CWB]

Cityguy,

The CWB has claimed for years that they 'extract' a higher price than the US system provides US wheat growers.

All I want is to stop the CWB making claims they know are not true.

Further pooling further distorts the minor classes of wheat. CWRS is KING. Winter Wheat and CPS Red suck the slough water.

It does not matter what actual revenue the minor classes provide in reality... they are pool discounted to the 'designated area' wheat grower. Hard White Wheat is preditory to CWRS.

The CWB restricts/caps production and acceptance through discriminatory practices that are built to protect CWRS market share... INSTEAD of what customers actually would prefer.

Pooling to protect the single desk... instead of a sales organisation to best accomodate the needs of growers and end use consumers.

We need to be cash sales based... transparent in prices... and when CPS Red Hard Winter equals returns of CWRS... those premiums MUST be shared with the growers of those specific wheat Classes.

If growers want to pool... they should be required to sign up... just like Ontario wheat growers and AU.

Our system is backwards and recks the environment. WE MUST CHANGE the CWB pooling system of value allocation to reflect real sales.

Our CDN 'designated area' winter wheat quality is competitive or better than US HRW.

Yet we are paid often $2/bu less. THIS cannot continue.

[furrowtickler]

It's sad but it will continue until they change who actualy votes for this b/s...