CWB system is padding the pockets of U.S. grain companies

[wd9]

Just happy to be doing my part in making sure share values stay up. After all corporations are people too.

[Fransisco]

Chuckchuck said in a previous thread "Don't you think it would be wise to consider the overall price consequences of an open market? Individual freedoms are important but responsibilty to the rest of producers is also very important."

Consequences, indeed lets consider them.

Responsibility to producers, indeed lets consider them.

And add to the list.

Responsibility to US grain companies.

[chaffmeister]

wilagro:

Why do you even bother?

Fransisco <b>has</b> the knowledge. In case you didn't see it for yourself, he wasn't asking anyone to explain it, he was <b>challenging</b> you CWB-supporters to explain it - using CWB-speak.

(By the way, its now called the Winnipeg <b>Commodity</b> Exchange...you're showing your age...)

I am going to assume that grain trading is beyond your comprehension, otherwise "why the insipid rhetoric"?


"You do not really understand something unless you can explain it to your grandmother."
— Albert Einstein

(Wilagro - just pretend Fransisco is your granny....)

[craig]

well said chaffmeister.

[wilagro]

Well, I DID know that the questions were asked in a rhetorical fashion. I was just twisting them back to him.

Big deal.

I still don/t know why you "anti's" are always asking the "pros" for answers when the CWB or the WCE have all of the answers...ask them for gosh sake.

[wedino]

Looks to me what you are really saying Wilagro, is that no one at the cwb can explain it.

[FarmRanger]

In an open market with good information available, it becomes obvious who offers the best price.

Will a dual market give us more information about who is really able to achieve market price “premiums” for farmers? What is the reason dual marketing won’t work for the CWB? It looks like you might be on to something here Fransisco.

[BennyHin]

stick to what you know frisco, that is pigs and the quest for cheap feed barley feed prices. Can you tell me where the US durum is being exported too? Perhaps the frontier centre can help you with the 101's of research methodology. Anybody with a basic University Science degree can see through your simpleton opinions.

[FarmRanger]

If you can't refute what the man says, insult his person?

Why not use your vast intellect to explain to us his error?

[BennyHin]

frisco: what was the cwb's final return on oats the last year they were marketed thru the board monopoly? what was the price the year after in the open market? are you getting rich growing oats at $1.6-$2.00 / bu most years? Besides this year, and 1996,and 2002 the oat price hasnt appreciated at all, actually gone down with respect to inflation. Yes, the US buys a lot more of our oats, but this is a dirrect result of US farm policy (little support for oats), and the Heart Smart campaign of the early 1990's that identified oats as a good source of soluble fibre, and cholesterol lowering properties.

How is the paylean working out for you?

[wd9]

Wonder how much exported "feed" barley is turned into malt with the same process?

[BennyHin]

farmranger: did frisco not insult board supporters in this thread? Why dont you have another read of his arrogant posts?

He insulted an alternative view prior to being challenged.

I sure wouldnt be arrogant if i had to admit i was a manure producer

[parsley]

And exactly what is wrong with being a pig producer?

[chaffmeister]

BennyHin:

US exports durum to the same places as Canada….since you were asking. (Except, apparently, Algeria.)

What was the CWB’s final return on oats during the last year it had oats (88-89), you ask? I can’t say but I can tell you that the CWB didn’t have a hot clue what oats were worth at the time. At the company where I used to work (back in the eighties) we were making back-to-back sales of oats into the US, bought from the CWB, for anywhere between $20 and $40 a tonne margin. In case you don’t know, back-to-back indicates when you buy and sell the grain at the same time, locking in a margin – no need to hedge. And, also in case you didn’t know - $40 margins are <b>HUGE</b>.

Oats = fish.
CWB = barrel.

I just reread all Fransisco’s posts on this thread – not one should be considered an insult. Challenging? Yes. Mocking? Perhaps. Insulting? No.

Talk about manure production……

[BennyHin]

nothing wrong the majority of pig producers, but we all know frisco has reasons beyond farming for posting to this site