Alberta Beef Magazine

[charliep]

I encourage everyone to get a copy of the March Alberta Beef Magazine and check out the CWB ad on page 29.

Top picture - a bull obviously in tact (scrotum in full view). Caption - This is the CWB.

Bottom picture - same animal as a steer (no scrotum in view). Caption - This is the CWB in an open market for wheat and barley.

Last time we bother to check, turning a bull into a steer is not a reversible process.

[charliep]

The bottom line is the actual quote out of the ad.

[Incognito]

And who paid for the ad? Farmers....

[TOM4CWB]

Incognito;

The CWB debate is pure political retoric... being paid for by farmers.

The perfect Irony of the CWB ad is clear.... the Bull is being spread at maximum application rates.

ALberta has a new site on the Internet;
http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/agc6751?opendocument

I have just studied the Sparks Jan 2003 " A Review of the CWB Benchmarking Methodology " http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/agc6751/$FILE/sparks_benchmark_study.pdf

I did not know if I should cry... or just get sick... the logic of CWB monopoly extraction plans are...

The CWB promise of higher premium prices... delivered by the "monopoly" is squarely based upon the "market discrimination" policy of dumping high quality wheat in an attempt to short the high quality wheat market... with the expectation of near perfect CWB forcasting of price and supply of the wheat market in the particular crop year the CWB is to extract a premium in.


And the CWB by raising the value of the remaining CWB CWRS wheat... also raises the value of US Hard DNSpring Wheat at the same time... according the the CWB monopoly theory.

SIMPLY ASTOUNDING.

IF the CWB were able to forcast market conditions and supply demand well enough to make this theory work....

the 2002-03 failure to sell early... and now the early premature selloff of the 2003-03 Wheat pools would never have happened.

If there is one thing that is in focus it is this.

SALES TIMING is the single most important factor in extracting a premium from the world wheat commodity marketing system...

The CWB Monopoly, as presently structured... has no ability to deal with this issue.

The CWB sales dept. does not even have the self discipline to sell 1/12 of the pool each month. The CWB only started selling 03-04 physical wheat in late Oct. 03... and by the January PRO... 3 months into the physical marketing year... the CWB had close to 70% of the 03-04 wheat priced. THIS IS NOT POOLING.

THE Feb. and March PRO's prove this.

If a bull has throws poor calves... recks the fences, and charges the owner and hurts the farm family that owns it...

[wbrower]

This ad would have been more pertinent if the creature pictured was Ken Ritter.
Perhaps the CWB's time and my money would be better spent capturing that $1.00 to $1.50 less per bushel that they return to farmers in western Canada as compared to what grain companies return to farmers in Montana.If the CWB was doing a job for farmers in this country they wouldn't need to stoop to this kind of fear mongering propaganda to justify their existence.