Agstar77,
How many US companies use a "single desk" or pool accounts to aquire the grain they sell?
None for US grain that I know of.
The primary reason the CWB/Accredited CWB Exporters CAN undercut is simple.
Pooling...
Pooling that extracts wheat and barley from "designated area" growers @ 60-70% of fair market value.
THis pool then provides a slush fund for the rest of the year... so undercutting is possible at any moment.
And further... if that was not enough... if the POOL "undercutting slush fund" runs out of "designated area" growers money...
The Taxpayer of Canada then steps up to cover the cost of the "undercutting slush fund" through Pool guarrentees.
Give your head a shake Agstar77... take a reality break for a second!
How many US companies use a "single desk" or pool accounts to aquire the grain they sell?
None for US grain that I know of.
The primary reason the CWB/Accredited CWB Exporters CAN undercut is simple.
Pooling...
Pooling that extracts wheat and barley from "designated area" growers @ 60-70% of fair market value.
THis pool then provides a slush fund for the rest of the year... so undercutting is possible at any moment.
And further... if that was not enough... if the POOL "undercutting slush fund" runs out of "designated area" growers money...
The Taxpayer of Canada then steps up to cover the cost of the "undercutting slush fund" through Pool guarrentees.
Give your head a shake Agstar77... take a reality break for a second!
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