Some one explain why HRS is at $5 all over the world but not here?

[cottonpicken]

HA!
Remember all these marketing genuises selling canola a month ago.They should kiss the boards feet for not letting them do damage to themselves.

[AdamSmith]

Cottenpicken, I envy you. No bills to pay or payments to make and only grain to sell. And only selling at the absolute top price of the market. No missteps for you at all. Wow, your just great.

Yeah, I sold canola a month ago and unlike you I consider it a good business decision to pay my bills and keep my accounts current.

In my world, It costs me over $100 an acre to grow the crop and I need to sell grain to pay the bills and make loan payments. I sold feed wheat today for $4.25/bu. But I'm sure you think I'm a moron for doing that because it's going to be $24/bu next fall.

Are you sure you don't work for the CWB, by the way you talk, thinking you alone know what's best for everyone else and if you don't do it the cottonpicken way, your an idiot.

[TOM4CWB]

Sawfly;

I have maintained from the start... that the CWB should be the facilitator of the grower...

To market in a manner that returns each grower the best farm gate price... with personal responsibility being the principal.

1.) If a grower chooses to Pool... that is the growers choice... and right. However this is NOT a pool to swing in and out of... if chosen it is final for the tonnes signed in.

2.) By default then the CWB grower is a cash pricer... clearly in charge of the decision of when to price.

3.) Delivery can still be maintained in the same manner as is done today as one option... or a "Fixed Period Delivery" contract can be signed with harvest discounts and deffered premiums as required to maintain the required delivery schedule of end-use customers.

[TOM4CWB]

Vader;

Last I checked the PRO was $207/t... http://www.cwb.ca/db/contracts/ppo/ppo_prices.nsf/epo/epo-wheat-2006-mhrs-20061120.html

With the $11/t off to fix the price.

http://www.cwb.ca/dom/db/contracts/pool_return/pro.nsf/WebPRPub/2006_20061026.html?OpenDocument&CropYr=2006-07

Says the average deduction for Alberta is $49/t.

That brings us to $158/t.

Guess what Vader... I just delivered a load of feed wheat to Picture Butte for $160/t. And the Montana price for our 1CWRS 13.5 is over $205/t... just a few miles to the South.

[TOM4CWB]

VADER;

Talk About A DAY LATE and A DOLLAR SHORT.

We were in the process of signing up on the last day of the Daily Price COntract... when guess what!

Half way through the sign up process we discovered the CWB ended the DPC a day :::EARLY:::

Give me a break Vader, this monopoly is being run in more corrupt manner than ever before.

Taking massive adjustment factors off our FPC... before we even contracted the grain to the CWB:::!

Wasting $11M on the CWB building...

Planning to raise the contingency fund another $50M to rob FPC/DPC holders blind!

All the while dropping BILLIONS in compensation (offered by the Liberals) in the toilet and flushing it... because of the priceless "single desk" that is breaking us commercial growers.

[cottonpicken]

Boy adam you sure can dish it out but it sure is hard for you to take it back.Please explain how the cwb manipulates the GLOBAL price of grain. We really arnt that important.

[SASKFARMER3]

Give me a break were a large exporter of wheat.
any way last year to the guy who says hindsight would be great look at last year.
Yes my #1 15 protein wheat would have got me a big dollar in USA and Canada without the CWB but lets see using their PRO ill get what 4.20 What a system.

[TOM4CWB]

Cottonpicken;

I don't think you understand CWB theory.

The CWB claims they KEEP UP the international prices of our wheat and barley by restricting sales... just at the right time... to shrink supply, forcing up world prices;


And then selling when the timing is appropriate to maximise our returns.

The AdamSMITH school of thought is that the CWB on the majority of sales is a discount seller... since the CWB's cost of sales is basically irrelevant the majority of the time.

With no economic diciplines... the CWB tends to acheive lower prices for the quality delivered... on average. Pools just do that if they are manditory.

After a superquality overdelivery... the market tends to use that CWB purchase as a benchmark... and discount the lower quality competitive products down another step.

And so on... and so forth.

Further the CWB is the monopoly buyer... it does not have to bid the market up to get supply from "designated area" grain growers.

One buyer... no choice to withhold and sell later at a higher better farm gate price for basis and marketing services.

[AdamSmith]

HA!
Remember all these marketing genuises selling canola a month ago.They should kiss the boards feet for not letting them do damage to themselves.

Cottonpicken, what part of the above statement is not sarcastic and derogetory, and delivered with an air of superiority to it?

[cottonpicken]

O.k so let me get this strait you guys can slam wilagro and vader as you see fit but when somebody throws something your way you have to start shouting about your own "moral" high ground.Lots of your previace posts are full of sarcastic,derogatory and "air of superiorty".I believe it is my right to express my views and really i could care less if anybody does it the cottopicken way.

As far as selling feed wheat and canola to pay off accounts good.My reference was to selling nov 07 canola.

As far as the cwb-i really havent made up my mind.Ive been thinking about it a long time but am still unsure.One thing that does bother me is that a man should be able to do whatever he wants with his product but... if your part of a monopoly you have a strong position.Do you think the countries of OPEC are trying to get out of that monopoly?

If the books ever do get opened up its going to be very easy to see any wrong doings.If tom and you guys allegations are right then somebodys going to jail.If this happens then all sorts of conspiracy theorys become plausible.

[Vader]

Do the books need to be opened or can you simply ask Ken Motiuk or Bruce Johnson to verify what you believe to be true? After all the Directors are supposed to be your eyes and ears scrutinizing the business on your behalf.

[agstar77]

What do your spies tell you I.C.?

[TOM4CWB]

Vader and Agstar77;

Clearly the window of opporunity to extract the most out of the "single desk" is long past...

WHAT a SHAME... that you folks rode this horse right into the ground beating it to it's death.

How disgusting.

Now the choice folks are supposed to revive the CWB... and bring it back to life?

SICK.

The AWB is committed hari cari... and now the CWB is driven to follow in their brother's foot steps.

Talk about criminal.

[TOM4CWB]

Vader and Agstar77;

Sorry.

I am just frustrated...

After fighting all these years...

To clearly see the opportunites we had to relieve the pressure on the "single desk" that could have easily allowed a cease fire and peace.

It is a huge hole that has been dug for this "old dog" and the people that pump its blood and breathe for it; the employees; are the hardest smashed by all this.

[chaffmeister]

EVader:

The directors are there – not as “eyes and ears” – but to “direct” corporate policy and make strategic decisions.

And to answer your question - yes, the CWB books do indeed need to be opened. What follows is a list of questions that should be addressed.

The BOD may see contracts, but what about decisions made after the sale is made – when the vessels are being loaded?

Does the BOD know with certainty that all sales are actually paid for?

What about negotiations with buyers that are outside the sales contracts?

What about the stupid mistakes the CWB staff might make? (Yes, it does happen. How much does it cost?)

What about market development? Why is the CWB going around the world “developing markets” when the trade is already doing it? (And why do we let the CWB get away with saying that the trade will never develop markets?)

What about the export customers that say they haven’t heard from the CWB in three years? But would love to buy Canadian wheat once they see the sample?

What about why we lost the Brazilian malt market? (Now there’s an interesting story I’d love to hear the CWB’s version of….)

What about the allegations of undercutting AE's, taking money right out of farmers' pockets?

What about allegations of deep discount sales? If these do indeed occur, are there “other considerations” that are involved?

What about allegations of transferring revenues from one class of wheat to another? (in order to put one class in disfavour.)

What about clearing the air once and for all about all the commercial retribution handed out at the hands of the CWB? How much has it cost over the years when the CWB has wanted to prove a point to a grain handler or exporter?

What about allegations of negotiating load terms with vessel owners so it’s virtually guaranteed the CWB won’t pay demurrage? (It just means higher net freight costs which means lower prices – but who’d notice or even know where to look anyway?)

What about the decision to move wheat from Montreal and Churchill to Vancouver – when the trade was saying they can buy more wheat from farmers to ship against the sale (instead of shipping it all the way across the country), if they could just pay a premium? (I guess that might be placed under the stupid mistake section – but maybe not….)

What about a clear accounting of the FPC’s?

What about forex hedging performance?

What about grain hedging performance?

What about the surveys we never hear about?

What about the millions being paid out to tell farmers what a great job the CWB is doing? (Who’s getting these advertising jobs?)

What about the allegations of the CWB’s surreptitious involvement in the directors’ elections?

What about all the money that’s paid out for things that nobody ever knows about – legal fees, advertising fees, consulting fees, surveys, etc. I’m not pointing any fingers but let’s make sure there isn’t another adscam lurking there.

And why are the liberals so afraid to allow ANY scrutiny of the CWB – (1) excluding it from the Freedom of Information Act, and (2) making sure the “Special” Audit of the Auditor General was diluted – not addressing “the CWB’s mandate as a single-desk seller, as this is a government policy decision” (Quote from Sheila Fraser).

One of you guys said a while ago thatyou didn't want second-hand stories anymore - then let’s get the full story right from the CWB.

EVader – you’re damned right the books need to be opened.