Charlie:
THe CWB says:
"The CWB's Risk Management department has to know in advance of the start of the pool, how many tonnes need to be hedged to protect the pool accounts and prevent a shortfall. The DPC is priced independently of the pool account. Therefore there will be times when the DPC price is at a premium of the pool and other times when it will be at a discount. Without a signup deadline prior to the start of the pool farmers could choose the better of the two prices and dilute the end value of the pool or remove grain from the pools, which could impact sales opportunities."
Now Charlie, please explain how Fixed Price Contracts and Basis Priced Contacts are different in effect from the pool.
Does this mean that the FIxed PRice COntract and BAsis Contracts ARE priced in direct relation to the pool?
How exactly is the CWB going to lose grain when the US Border has a duty on CWRS, CPS, CWES wheats and we can't get to the market in any event because of the tariffs?
Many times the FPC has been well over the PRO... was it bad that growers could take the risk on flat pricing...
We all know the pool could easily go higher and net more than the FPC in the months ahead... where is the logical explantion for the July 22nd deadline?
WHy are the CWB managers allowed to get away with halftruths and sick excuses to justify their lazy streak?
THe CWB says:
"The CWB's Risk Management department has to know in advance of the start of the pool, how many tonnes need to be hedged to protect the pool accounts and prevent a shortfall. The DPC is priced independently of the pool account. Therefore there will be times when the DPC price is at a premium of the pool and other times when it will be at a discount. Without a signup deadline prior to the start of the pool farmers could choose the better of the two prices and dilute the end value of the pool or remove grain from the pools, which could impact sales opportunities."
Now Charlie, please explain how Fixed Price Contracts and Basis Priced Contacts are different in effect from the pool.
Does this mean that the FIxed PRice COntract and BAsis Contracts ARE priced in direct relation to the pool?
How exactly is the CWB going to lose grain when the US Border has a duty on CWRS, CPS, CWES wheats and we can't get to the market in any event because of the tariffs?
Many times the FPC has been well over the PRO... was it bad that growers could take the risk on flat pricing...
We all know the pool could easily go higher and net more than the FPC in the months ahead... where is the logical explantion for the July 22nd deadline?
WHy are the CWB managers allowed to get away with halftruths and sick excuses to justify their lazy streak?
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