• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Do the CWB Pool Return Outlooks Serve a Purpose

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    Rain and Melville, I know all about the EPO and 80 or 90% of a bad price is still a bad price. Pooling is for niche markets in very small amounts. For example the durum wheat market of which Canada has over 50% of the World exportable supply can hold the worlds buyers to ransom to guarnatee their supply. Very simple and I don't debate that the CWB can extract a premium for durum when they hold the supply but I also argue that a growers could do the same thing in an open market. At present if the CWB doesn't like the durum world price they stop selling and buying and the farmer gets hurt because they can't make a marketing move on their own.

    With CWRS the CWB admits itself that they only get an average price for 50% of the sales they make on behalf of farmers and the other 50% is sold for less than average price. That leaves the farmer with a worst than average price for CWRS.

    In the fall and winter of 2002, a farmer could have priced his CWRS milling wheat at $8 to $9/bus. on the open market if we had one. With the CWB we are going to settle with a maxium price of under $6.00/bus. Even with last years very poor crop my farm lost nearly $30,000 on wheat marketing thru the CWB. This year its looking like a $80,000 lost on wheat thanks to a over bearing monopoly seller that belongs in some undemocratic country where people can vote away other peoples rights.

    The CWB can not act quick enought to the market in most cases
    because they lack the information needed such as quality and quanitity. The Grower knows this information. Marketing is all about timing and information and CWB has neither.

    Farming is a business and laws should not be made to make good business men support poor business men who refuse to market or don,t know how to market their product. They should be working for a wage and have someone wiping their noses.

    Does this sound passionate enought to expose where I stand on this issue.

    Comment


      #12
      kernal I hear you. I in no way support the CWB but we must learn to make the best of a bad situation and some the contrats, if worked properly do that. I see no reason for a CWB. All I am saying is EPO, Flat Prices and Basis contracts are better then what we used to have.

      Comment


        #13
        Rain I think I knew what you mend. It just gave me another chance to continue my rant on the CWB.

        Comment


          #14
          rain: sorry, I was comparing CWB bly and the feed barley market, not wheat. Last year was the wheat fiasco.

          Comment

          • Reply to this Thread
          • Return to Topic List
          Working...