Can anyone provide a logical explanation regarding the article in the Western Producer that tells of an organic producer being invoiced by the board because they miscalculated the final pool returns. To me it says that the board made the mistake but the producer should pay for that mistake. If we were to follow that logic out further then it would suggest that all producers should receive an invoice to make up the shortfall in last years wheat account. Which then leads to the question of if we ran into this situation with EPO's ( based on PRO's)would producers be responsible to make up the difference. It gets confusing with the buyback because I'm not sure where the onus lies. Did the producer sell to the board at too high a price or did he buy it back too cheap. Is the invoice the responsibility of the producer as a seller to the board or as a buyer from the board. In light of all the happenings with the board in the last few months, I'm sure it's getting harder for even the strong supporters of the board to have confidence in the competence of those involved.
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He sold and then bought back 76mt of his wheat from the CWB (a PDS). He paid $1430 to the CWB up front when the sale was made and the CWB based it on their own CWB PRO($296.90/mt, and they estimated on paper, the final spread at $314.67 - $296.90 a special $2.00 admin fee. The CW estimated the interim and final payments at $118.10/mt. The payments were supposed to cover the buy-back costs. A year later he received a bill from them for $4630. So the total cost for the buy-back/export license was $6060 An Eastern organic grower puts that $6060 into his own pocket.
Parsley
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