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Ontario Wheat Marketing Board

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    #25
    Ontario total wheat production last year in 2006 was 2.64 MMT of which spring wheat was 247,000 tonnes. Winter wheats are also used in milling/flour.

    In 2005, it was 1.76 MMT of which spring wheat was 182,000 tonnes.

    You ask good questions raise some interesting topics for research. I note total milling wheat for human consumption is about 2.7 MMT with an additional 250,000 tonnes of exported flour (wheat equivalent). The CWB share of the domestic milling market is about 2.1 MMT in 2005/05 (page 42 of the annual report). In 2005/06, that would leave about 800,000 of eastern Canadian milling wheat used domestically. Numbers here don't make sense but would have to check out the feed use/export side of the Ontario ledger. Also does not consider other eastern provinces.

    A real interesting/curious is the 2004/05 year where the CWB says they sold 2.7 MMT domestically (annual report) out of total domestic human consumption wheat volume of 2.711 (Statistics Canada number).

    Just curious Vader. I have never talked to an Ontario farmer who wants to go back to the old style OWPMB where pooling is the only option. The transition was also very much staged from cash contracting with the OWPMB and finally an open market with a OWPMB.

    I am looking forward to announcements this spring increasing the size of the daily pricing sign up limits. This has been the easiest system in the world to advise on - licence to put an extra 25 cent to a buck a bushel in a farmers pocket. Perhaps the best advertising for why a open market will be more dollars in a farmers pocket.

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      #26
      The above doesn't include durum by the way. Ontario doesn' produce durum anyway.

      Comment


        #27
        chaffmeister: Since you work in the industry, why dont you call Jim Thompson, I dont know him, obviously you do.

        Ontario has exported 900 KT of wheat this year. Wanna guess who is buying it?

        Egypt, India, and the lost cost, little value markets. This is excess poduction that not even the highly populated S-SW ONT and mid-West USA region can consume (at decent levels). This leads into my previous question for Tom4CWB; Why hasnt the OWB issued interm payments on the 06-07 pools?

        Vader answered the rest of your questions, but like Parsely, you wont read it.

        Comment


          #28
          Hey Vader, Did the cwb issue an export license for the "less than 1 million tonnes exported" from On? How much wheat was exported from other non DA provinces & were export licenses issued by the cwb? How much revenue did these licenses generate for the cwb?

          Comment


            #29
            BennyHinn,

            I don't care how many bushels Ontario grows. They could have a bumper crop OR an entire crop failure this year. But, that is not the point.

            The point is that they have marketing choice. They can sell to the Ontario Board or they can bypass the Ontario Board.

            In the Designated Area, the feed mills bypass the Board pooling and marketing.
            They are out of the monopoly, and that is the point. There are lots of others in the DA who bypss the monopoly and it has not destroyed the Board.

            Giving choice will save the Board, BennyHinn,read that again, and if you do not take that advice seriously, you won't have a Wheat Board at all.

            Parsley

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              #30
              BennyHin:
              You don't need to know Jim Thompson to call him. He works for you.

              (The answer will still be the same - the CWB is a price taker in Canadian market.)

              You say "Vader answered the rest of your questions", but the only question I asked was of you - why does this matter?

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                #31
                BennyHin,

                Since I cannot sell to the OWB, don't pretend to manage OWB pool accounts, Don't know what the initial was,

                What should my "interest" be in OWB pool accounts?

                Which type of wheat is bothering you?

                What is your point... I use the CWB pool as little as possible... why exactly should I be concerned about Ontario pool?

                You must watch for sharks in those pools... is this your point?

                If there were ever "pool sharks", they reside at 423 Main... they must have washed up from a Portage!

                Comment


                  #32
                  Bennyhin
                  Since when was offering interm payments a good sign. I don't know what rules the Ontario board works under but I do know that if I'm trying to entice producers into the pool when they have other options, I don't place an artifically low value on my initial. Oh yes that low value India wheat market. That would be the one that took all the old crop 3CWRS and new crop CPS from the designated area. Now you really have me worried what my returns will be at the end of the year.

                  Comment


                    #33
                    Com'on craig,

                    You know the Fedex ad where they have problems shipping a package to Germmany?

                    Well the CWB has trouble selling wheat for good money!

                    Vader and agstar77 and wilagrow have broken into groups of three!

                    Parsley

                    Comment


                      #34
                      Vader says the Ont farmers decided to make changes:there was to be aplebiscite there.Only thing was the monopoly had to get two thirds support.They cancelled the vote,probably because they knew this would be a precedent for other,bigger,Western boards.Vader must know he hasn't got a hope of getting two/thirds here.What should the threshold be?

                      Comment


                        #35
                        It's not negotiable at all.

                        Period.

                        You do not have a vote on whether or not a farmer can sell what he grows.

                        Parsley

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