Parsley,
Hmmmmmmmmmm.....
As I reviewed this article... it dawned on me the CWB does the same to "designated area" wheat and barley growers... this year... by holding back 20% of our wheat and durum exports and capping barley prices 30% below world values!
Think about it... what is the CWB net effect?...
A CWB Tax on "DESIGNATED AREA" WHEAT & BARLEY GROWERS... with a net effect cross subsidisation to supply management folks, livestock producers, and Canadian Consumers.
No wonder Dairy Quotas are worth $30,000/cow production unit!
Does anyone seriously think we have and easy win in the barley plebiscite?
THINK AGAIN. Livestock producers are barley producers.
Read the last CWB PwC study... who gets the biggest benefit of the CWB?
NOT GROWERS.
Our "designated area" CWB pool price that has not kept up with the increased cost for CWB "designated area" growers...
Forcing growers to produce the grain the CWB sells inside and outside Canada at below the cost of production for many growers.
What exactly is the difference between the Argentinian Gov... and the CWB's export taxes?
At least in Argentina, all the countrys growers are treated the same... NOT LIKE IN CANADA.
Here is the article:
Argentina announces major hike on soybean export tax to fight domestic inflation
http://news.tradingcharts.com/futures/7/1/87906917.html
BUENOS AIRES, Argentina, Jan 11, 2007 (AP Worldstream via COMTEX) -- Argentina's government unveiled a new plan Thursday to fight inflation on basic consumer foods, announcing a major subsidy to hold down select supermarket prices that will be financed by a tax on soybeans.
Economy Minister Felisa Miceli said the government would raise the tax on exported soybeans and soybean products to 27.5 percent from 24 percent. The added revenue, she said, would go toward subsidies on producers of key basic foodstuffs.
The tax hike triggered protests by farmers and grain exporters in the world's largest soymeal exporting country.
Inflation for all 2006 neared 10 percent, and President Nestor Kirchner, a left-leaning member of the ruling Peronist party, has vowed to keep prices in check for consumers still recovering from a deep 2001-2002 economic crisis. A presidential election in October is giving the issue new urgency.
Taxes on other soy byproducts also are expected to rise to 24 percent from the current 20 percent rate.
Miceli said the measure would raise an additional US$100 million (EUR 77 million) in the coming year for the subsidies granted to producers of everything from wheat flour to dairy, pork and poultry products - all in a bid to offset rising production costs.
She said many producers have to pay dollar prices in a peso economy but subsidies would curb them from passing on their costs to local consumers.
"This is a mechanism under which international prices can increase without having this felt at the (dinner) table," Miceli said.
Argentines for 11 years until December 2001 had their peso currency pegged by law equal to the U.S. dollar, but the crisis that year prompted a more than 70 percent devaluation of the local money and many wages remain badly eroded.
Miceli, speaking at a news conference, said the higher tax rates would begin to be applied starting Monday with soy oil products destined for foreign markets.
Miceli said the subsidy would help hold down prices on bread, milk and other products in Argentina, a country of 37 million people where a third of the population is officially reported as living in poverty.
The moves to hold down prices come as Argentina is bracing for more possible inflationary pressure.
Powerful labor unions in March are expected to again begin pressuring for wage increases and independent analysts estimated that January inflation alone marked a 1.5 percent uptick.
Inflation in 2005 stood at 12.3 percent but only reached 9.8 percent in all 2006.
In March 2006, Kirchner's government blocked most beef exports by the world's fifth-largest beef producing nation - a step to hold down meat prices that was later gradually eased. His government has also signed an array of domestic price accords to hold down prices on everything from dairy goods to medicine and soft drinks.
Hmmmmmmmmmm.....
As I reviewed this article... it dawned on me the CWB does the same to "designated area" wheat and barley growers... this year... by holding back 20% of our wheat and durum exports and capping barley prices 30% below world values!
Think about it... what is the CWB net effect?...
A CWB Tax on "DESIGNATED AREA" WHEAT & BARLEY GROWERS... with a net effect cross subsidisation to supply management folks, livestock producers, and Canadian Consumers.
No wonder Dairy Quotas are worth $30,000/cow production unit!
Does anyone seriously think we have and easy win in the barley plebiscite?
THINK AGAIN. Livestock producers are barley producers.
Read the last CWB PwC study... who gets the biggest benefit of the CWB?
NOT GROWERS.
Our "designated area" CWB pool price that has not kept up with the increased cost for CWB "designated area" growers...
Forcing growers to produce the grain the CWB sells inside and outside Canada at below the cost of production for many growers.
What exactly is the difference between the Argentinian Gov... and the CWB's export taxes?
At least in Argentina, all the countrys growers are treated the same... NOT LIKE IN CANADA.
Here is the article:
Argentina announces major hike on soybean export tax to fight domestic inflation
http://news.tradingcharts.com/futures/7/1/87906917.html
BUENOS AIRES, Argentina, Jan 11, 2007 (AP Worldstream via COMTEX) -- Argentina's government unveiled a new plan Thursday to fight inflation on basic consumer foods, announcing a major subsidy to hold down select supermarket prices that will be financed by a tax on soybeans.
Economy Minister Felisa Miceli said the government would raise the tax on exported soybeans and soybean products to 27.5 percent from 24 percent. The added revenue, she said, would go toward subsidies on producers of key basic foodstuffs.
The tax hike triggered protests by farmers and grain exporters in the world's largest soymeal exporting country.
Inflation for all 2006 neared 10 percent, and President Nestor Kirchner, a left-leaning member of the ruling Peronist party, has vowed to keep prices in check for consumers still recovering from a deep 2001-2002 economic crisis. A presidential election in October is giving the issue new urgency.
Taxes on other soy byproducts also are expected to rise to 24 percent from the current 20 percent rate.
Miceli said the measure would raise an additional US$100 million (EUR 77 million) in the coming year for the subsidies granted to producers of everything from wheat flour to dairy, pork and poultry products - all in a bid to offset rising production costs.
She said many producers have to pay dollar prices in a peso economy but subsidies would curb them from passing on their costs to local consumers.
"This is a mechanism under which international prices can increase without having this felt at the (dinner) table," Miceli said.
Argentines for 11 years until December 2001 had their peso currency pegged by law equal to the U.S. dollar, but the crisis that year prompted a more than 70 percent devaluation of the local money and many wages remain badly eroded.
Miceli, speaking at a news conference, said the higher tax rates would begin to be applied starting Monday with soy oil products destined for foreign markets.
Miceli said the subsidy would help hold down prices on bread, milk and other products in Argentina, a country of 37 million people where a third of the population is officially reported as living in poverty.
The moves to hold down prices come as Argentina is bracing for more possible inflationary pressure.
Powerful labor unions in March are expected to again begin pressuring for wage increases and independent analysts estimated that January inflation alone marked a 1.5 percent uptick.
Inflation in 2005 stood at 12.3 percent but only reached 9.8 percent in all 2006.
In March 2006, Kirchner's government blocked most beef exports by the world's fifth-largest beef producing nation - a step to hold down meat prices that was later gradually eased. His government has also signed an array of domestic price accords to hold down prices on everything from dairy goods to medicine and soft drinks.
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