• 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.

$85.4mil Wheat Pool Deficit.

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

    #51
    Dyno;

    Give us a choice...

    ALL I ask for my farm and my neighbour's farm... is a choice.

    What good is deficit protection... the third pillar of the CWB... if it cannot be used as a support to our farms?

    I would gladly leave the CWB alone... if you will allow my neighbours and I a choice to avoid the CWB.

    The real crime is that there was any need to restrict grain at all... and that the feds needed to put one cent into the pooling accounts...

    If the CWB were the superstar sales team they say they are... then we should have had a $85.4mil surplus in the Wheat Account... and have depositied our cheques by now!

    If the CWB is not any smarter than anyone else, why are they there to do just an average job of marketing?

    You or I can do an average job of marketing all by ourselves without any help from the CWB DYNO

    So why are we paying all these guys at 423 Main... other than to collect high priced saleries and throw us in jail for trying to make an honest living?

    Comment


      #52
      Dyno you are saying "its time some producers stood up and acted like men over their part in this deficit"!

      If if was 75 years ago, we'da done just that. We've have stood up and hung a licking on every wheat Board manager who ran our pooling accounts into red ground, and then fired the lot of them.

      Comment


        #53
        Axiom;

        It is tempting to fire someone... but it appears that Flaman, Ritter, Harder, McCreary are the "managers" that need to be "run off" this fall in the CWB elections.

        CWB staffers would not run over top of CWB directors... if they (the CWB directors) didn't allow it.

        By the way... Axiom, what about the 150mil in managed futures accounts the CWB is backing... at Trycicle... have you figured this one out?

        If these fund managers goof up, won't the pooling accounts be at risk of loosing $150 million?

        Why wouldn't the CWB just borrow the money from the feds... instead they are risking our grain money... how could this happen?

        Talk about a CWB Board of Speculators... Talking the Director Chatenay... when he asked why this risk should be taken on... they just give the impression we who "worry" about these "little" things should get with the program and stop being so "negative" about everything!

        Being a risk manager is hard work, does not come easily... and requires a humble spirit to listen to what the small still voices are saying...

        How can we turn the CWB back around... so it will listen?

        Comment


          #54
          I tried searching Trycicle, but the one you want is spelled Tricycle if anybody else is searching. Looks like they just got into business They sure stand to make good money wanting a management fee of 4% and a flat fee of 6% Maybe they have cousins in the Wheat Board

          Comment


            #55
            Axiom;

            THink about the insider trading opportunities the CWB has with $150mil in futures margin spec accounts being managed by fund managers that they control...

            What possibilities!

            Makes Martha Stewart look like a butterfly!

            Comment

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