25 YEARS OF EXPORT COMPETITIVENESS AND WHAT DO YOU GET . . . .

[mustardman]

Tom you avoided answering my question ,
why do we keep winning the court challenges???

[AdamSmith]

mustardman, here's a whay I posted on that subject about a month ago.

Well Agstar your right they didn't win any challenges but then again I think they were trying to prove that the cwb was selling wheat ito their market "for a price lower than the cost of production" or aquisition I not sure which ie. dumping. That couldn't be proven because the cwb's cost of aquisition are the super low initial prices. And production well I think every kernel sold by every seller world wide was lower than the cost of production.

I don't think they ever tried to prove that the cwb undercut in what would occur normally with in a competitive enviroment.

The point is in a competitive environment everyones cost of aquisition should be within a reasonable range ie. within a few cents per bushel, but the cwb's aquistion price is $1.5 a bushel below the amricans (the initial) but as was rightfully judged it wasn't below the cost of aquisition.

So just because the cwb was not found guilty on the charges doesn't mean the cwb doesn't do what the americans claim, it just means it is well within the rules and the trade agreement laws for the cwb to conduct business the way it does.

But as a Canadian Farmer I don't like the fact either, that the cwb isn't disiplined by way of real aquisition costs and real risks. Not one job is on the line because of poor preformance, the only thing that seems to matter is, are your politics correct.

I've wanted the sales book to be open for all to see, no more secrets, just show us the sales info, all sales info and then we're actually talking facts and actual preformance but the cwb refuses to do that, for canadian and american farmers alike.

So without real data to debate we just keep on debating theory, but hopefully the era of a neverending debate over political theory is comming to an end and farmers will be allowed to consider real facts (prices and sales preformance) not theory.

[TOM4CWB]

Mustardman;

Your right... I am too suttle.

The US did not want to win. And for 101 reasons 100 of them political... and AdamSmith's the 101st reason.

[cottonpicken]

The global price of any commoditie is set in the market place by professional traders who are simply trying to make a return on capital.There are a LOT of variables to consider.The obvious supply and demand fundamentals are not the most important.Ask your self this question-If interest rates were 20% what would you want to own commodities?land?No! you would want to own bonds because 20% is a very,very good return.Many farmers got caught in the early 80s with high land prices and high interest rates and a believe that the price of grain would rise forever.

So entered a long painful bear market.And now the believe among farmers is that things will never change back to a bull market.But all the factors that drive bull markets are now in our corner.

When the u.s dollar breaks below 80 on its index fasten your seat belts.