Wanted: More Cheap Barley

[BennyHin]

Why was it that chaff was able to retrieve (some) stats and you couldnt?

Parsley: I told you these stats were available, but you were too lazy to research them.

By the way chaffs numbers arent correct, he is way off on the numbers.

Chaff needs to spend more time getting his barley stats correct, and spend less time promoting hog barn development, and a cheap feed barley policy.

[parsley]

BennyHinn,

I wouldn't dream of trying to compete with the research you do all the time.

We will be waiting with baited breath until you post your much-promoted results!

Parsley

[chaffmeister]

Benny:
My numbers are straight out of the 05-06 CWB Annual Report: page 82.

The only difference between the numbers I presented and the CWB's presentation is that I showed $16,500 as Barley Interest - the CWB shows it as Other. Anyone watching this knows that the $16.5 million was indeed from transferring interest revenue out of the barley pools into the contingency fund. This is described in the Annual Report on page 81 (bottom of the page).

If you want to be a real stickler, call it $16 million because $500 thousand is actually interest earned - on the contingency fund itself.

Also - the "Other" figure I showed - $40 thousand - is actually from the PDT program - Pre-delivery Top-up. Again, described for you in detail on page 81.

[TOM4CWB]

Chaff,

Benny was just trying to BLUFF...

I agree that the contingency fund can easily look after any problems the CWB has on barley.

Now the CWB just needs to pay a decent price for 06-07 malt barley... and have the barley delivered to the Maltsters. After all THE CWB ITSELF were to ones who drastically undersold the market.

The CWB sales dept. made this mistake; the contingency fund should pay. This is what it was meant to cover... MISTAKES.

[JohnKenneth]

to be clear, i value the trade's and everyone else's ideas on this forum as well. it was just an observation, maybe right maybe wrong.

maybe a topic for another post, but the point is relevant to me because i don't think the different types of participants all hav the same incentives in this business.