URGENT CWB "B" SERIES Delivery change for 05-06

[TOM4CWB]

Jackflash;

It seriously looks like the CWB can make the most money, with the least risk to the pool... through EPO contracts.

If PPO's are a risk to the pool in the case just stated by the CWB, they are a risk the rest of the time as well.

All that happened was we waited to deliver our grain, in an orderly manner... in a low risk transaction to our farms... with an option to have two crop years to choose from to meet the contract requirements we entered into with the CWB.

The PPO's using the PRO are frankly the CWB's real problem... right along with the failure to provide a fair reasonable transparent cash prices.

Take the #1CWRS needed right now in Vancouver for Japan.

We have local #1CWRS sitting in farmers bins here in Alberta.

If a premium were offered... to the farmer, we would be more than happy to provide the grain needed.

Instead the Railways and grain companies get the extra handle... at our [the farmer's own] expense.

Lost Prosperity.

Lost Opportunity.

Lost Hope.

Lost Faith.

A "single desk" win... claimed by the CWB.

[kenzie]

So let's look at this CWB pricing and delivery options thing in another light. The reality is that the board will be part of our lives for a longtime to come. It's time to get past the retoric and use the tools at hand. A FPC for $5.35 on 60% of this years wheat is looking good on my farm. The old adage goes if you can't beat them join them But in this case beat em and move on.
And WD9 you, in reality never get to call the grain you produce "your own" you just get the pleasure of producing it and managing the ever incresing risk.

[wd9]

Oh look; its a burning issue!

[JACKFLASH]

kenzie:

Is that 5.35 with the freight out???

[TOM4CWB]

Kenzie;

If the CWB could become our service provider... into the market place, in a considerate manner... making trades farmers who actually hold the grain they market; agree to:

What a difference it would make!

If partners in my marketing system are honest, give me fair choices, and tell me their needs, I will do everything possible to meet the needs they have.

This means consulting on major changes... and letting my farm know well in advance if policies are changing.

The CWB is by far the worst performer as a marketer we deal with, they make our multi-national grain companies look like boy scouts.

EPO's
Pre Priced Contracts;

All pricing tools are used to build a CWB capital fund, at our farm's expense.

I thought Federal Income tax was supposed to be paid after expenses... not on gross grain sales like the CWB does!

[kenzie]

$5,35 was my net delivered to Crossfield. I like choice! And Tom how can you make a fair assesment of the CWB's performance when there is no mesurable. I have heard that once new directors have an opportunity to see the books they realize that the board is doing a good job. To bad you don't have the chance. Back to my main point...get past the retoric and manage around what we currently have...there is money to be made.
Have you tried a producer direct sale?
You can pick up $3 tonne by bypassing our vulturous grain handeling and mixing system.

[TOM4CWB]

Kenzie;

Interesting that you should ask about measurable performance.

EASY.

Year after year, if you look at PPO's vs. pool prices, the amount missing on a weighted sales base is $15-30/t in favour of folks in the pool accounts.

Now that in one year, 2004, farmers actually made some money on PPO's, the CWB pulls the program apart... another measurable.

You may think $5.35 was good, but with the risk you took, and the value the CWB got, you should have netted $5.75/bu. Another measurable.

If Charlie could go back into these Agri-ville files and bring back Feb 15-June 30/04... Kenzie you would be able to see exactly what I am talking about.

Question;

Why didn't you get your $5.75?

Isn't it worth fighting for?

I have done producer direct sales... and at times made $2.00/BU MORE THAN MY NEIGHBOUR.

Now I fight so if we all could get $1.50/bu more, I would be very happy!

[bfwflt]

Producers still have the option of signing their grain up on a B series contract and delivering the grain when called and have it priced into the next crop year as has been our option for many years.
What they won't be able to do is use the 04-05 Fixed price or Basis contracts to price Old Crop grain in to the next crop year.
If a producer wants to do that they will have to hold the grain back and offer it on an A Series contract in the new crop year.
If the grain is offered on a B Series contract in this crop year they will have to deliver it this year and then decide which year they want to sell it into. If you need further info contact your CWB Farm Business Rep, that's where I get my information.