CWB FIRING!

[TOM4CWB]

Cropduster,

I second that motion WD9!

[carebear300]

I think this would be a perfect time for the wheat board to open its books and prove once and for all if there is an advantage to producers(financially) to retain it, if not then shut up and let it be disbanded!!!!!!!!

[parsley]

carebear300,

What really is a financial advantage?

cropduster might only be happy with $4.50/bu barley while tom4cwb might need $6.00 malting, and agstar only sells a little bit of extra feed barley that is leftover and wants $1.75

The point being, pooling for those who really want to pool through the CWB, and the rest can bypasss the Board entirely.

Would you be amenable to that concept?

Parsley

[TOM4CWB]

Carebear300;

Interesting you would bring up the "Fair" point.

THe market place creates "fairness" by allowing those who have a certain cost base... to hold their produce until the price rises to meet their need.

Subsitution.

This can happen in 2 ways.

1. A different subsitutable product fills the demand. For instance rice or potatoes can be subsituted for wheat products to fill the human consumption market.

2. A different supplier can supply the same market. IE. the Former Soviet Union nations can crank up production to fill the hole the CWB creates when it holds back 20% of our CWRS and Durum this year. THen when we have strangled our customer... those people make contracts with others more willing to supply at a lower price.

Bingo... we have double trouble. We have left over inventory... plus a big crop of wheat on tap... in Canada... AND everywhere else...

DOUBLE TROUBLE.

CWB distortion in the supply side of the market system MUST be stopped.

Measner should know better.

Measner has single handedly been the biggest reason the CWB "single desk" must be dismantled.

Clearly if we Canadian producers get too greedy, then other global wheat suppliers crank up production... then when those who held back will be in a real and market distorting situation.

To have a the CDN non-voluntary gov. sanctioned monopoly cause this distortion is simply "Not ON" in today's global environment. Measner must be the object of attention... and he being the cause... and proud of it... must be dismissed.

[carebear300]

The dual marketing concept has always been my solution to the situation. I just would like to know once and for all if it can be proved that the wheat board has actuallly put extra money into the hands of producers on a per sale type basis. Now that doesn't sound just right, maybe am a little groggy this morning, but would like to know if a big sale to for instance China on a certain day was for more dollars per bushel than what could have been attained on the world market. I guess I answered my own question, because why would anybody in their right mind pay more than the asking price. Yep Tom, fire that so and so and lets get on with our lives and marketing.

[parsley]

carebear300,and tom4cwb,

The important point for me is how much do I end up with in my pocket?

If the CWB sells to Iraq for $80.00 per bushel, and I only get $3.10, being informed of the $80.00 figure only establishes that the CWB got a good selling price.

Show me the money? Gray and Fulton keep their budgets flowing from writing up reports that corroborate that the CWB gets a 'top price'. They claim it over and over.

Ahhh. The Board might get a top price, but producers don't.

So, where does the premium-money go?

carebear, does your question really ask, "where is the money?"

And if there is a wad of premium-money out there, where could it be?

[craig]

Just a note. Was looking at historic charts at the CWB site and it would seem that the board does a better job relative to futures when overall prices are lower. On a year like this one they seem to do a poorer job. Again these numbers are only relative to each other and there might be other things at play.

[HFL]

Financial bath!!!!! What have we been taking. Funny thing about these CWB premiums, we read about them, we hear about them, we just never see any of them on our grain cheques. No farmers in the world sell their grain for less money than western Canadian wheat farmers.

[parsley]

HFL

"Funny thing about these CWB premiums, we read about them, we hear about them, we just never see any of them on our grain cheques."

One of the best comments I have read on Agri-ville!


Parsley

[silverback]

Perhaps a certain farm by the name of "The Liberal Party" has been earning extremely high premiums on their wheat?

Why else are they so rabid to protect the access to information?