Hopper,
I myself have not used this provision for years... but we do have some pool stocks that may be available.
One of the principals that is objectionable is this... for FPC pricing... when we were allowed to flip crop years.... it actually gave us the opportunity to 'cash price' stocks we had in inventory... over a period when we could often 'maximise' our returns.
Kind of strange... the CWB now clearly treats 'our' farms wheat & barley... as if it were theirs. This clearly goes against the bylaws and code of conduct that the CWB itself put in place:
"Code of Ethics
I. PURPOSE AND OBJECTIVE
A. The purpose of this document is to establish standards of conduct expected and required of all Directors of the Canadian Wheat Board (CWB). The objective is to enable the CWB to effectively achieve its mission by maintaining a reputation for the highest standard of public trust and confidence in serving western Canadian wheat and barley farmers and other producers as appropriate, its customers' and the public's interests"
Code of Ethics
I. PURPOSE AND OBJECTIVE
A. The purpose of this document is to establish standards of conduct expected and required of all Directors of the Canadian Wheat Board (CWB). The objective is to enable the CWB to effectively achieve its mission by maintaining a reputation for the highest standard of public trust and confidence in serving western Canadian wheat and barley farmers and other producers as appropriate, its customers' and the public's interests...
C. The mission of the CWB is to maximize returns to Western Canadian wheat and barley farmers....
III. DUTIES
Duties for corporate directors emanate from common law obligations and the provisions of the statute or instrument under which the company is incorporated. "
Hopperbin;
I simply present the fact that CWB management clearly has failed to understand why the CWB exists.
I asked my District 1 Director about this problem... and the answer was more in line with why my better half demands the CWB be dismantled... this is just one decision of many that have been taken... that are not respectful of our property rights.[my liberal paraphrase]
"The CWB 'single desk' is supposed to serve 'designated area' grain growers... not 'designated area' grain growers be servants of the 'single desk'." [Tom Jackson]
This very principal allowed the CWB to create an after season FPC system... that respected my property rights in the early 2000's... to switch classes if in the same category... and even class switches should be allowed if futures spreads are respected...
Management at the CWB has totally lost it... they should have their butts dropped off in Greenland... to practice 'respectful' for a few years... on the seals and gulls... instead of the farm families in the 'designated area'.
Sorry I forgot... we are not actually people... the code obviously applies to everyone except 'designated area' commercial grain growers.
~~~^^^~~~ I know... if I wasn't an idiot... I would hit 'reset' and dump this entry. Sorry DEAR.
I am truly a fool. [break into song...]'Wasted days and wasted nights'
I myself have not used this provision for years... but we do have some pool stocks that may be available.
One of the principals that is objectionable is this... for FPC pricing... when we were allowed to flip crop years.... it actually gave us the opportunity to 'cash price' stocks we had in inventory... over a period when we could often 'maximise' our returns.
Kind of strange... the CWB now clearly treats 'our' farms wheat & barley... as if it were theirs. This clearly goes against the bylaws and code of conduct that the CWB itself put in place:
"Code of Ethics
I. PURPOSE AND OBJECTIVE
A. The purpose of this document is to establish standards of conduct expected and required of all Directors of the Canadian Wheat Board (CWB). The objective is to enable the CWB to effectively achieve its mission by maintaining a reputation for the highest standard of public trust and confidence in serving western Canadian wheat and barley farmers and other producers as appropriate, its customers' and the public's interests"
Code of Ethics
I. PURPOSE AND OBJECTIVE
A. The purpose of this document is to establish standards of conduct expected and required of all Directors of the Canadian Wheat Board (CWB). The objective is to enable the CWB to effectively achieve its mission by maintaining a reputation for the highest standard of public trust and confidence in serving western Canadian wheat and barley farmers and other producers as appropriate, its customers' and the public's interests...
C. The mission of the CWB is to maximize returns to Western Canadian wheat and barley farmers....
III. DUTIES
Duties for corporate directors emanate from common law obligations and the provisions of the statute or instrument under which the company is incorporated. "
Hopperbin;
I simply present the fact that CWB management clearly has failed to understand why the CWB exists.
I asked my District 1 Director about this problem... and the answer was more in line with why my better half demands the CWB be dismantled... this is just one decision of many that have been taken... that are not respectful of our property rights.[my liberal paraphrase]
"The CWB 'single desk' is supposed to serve 'designated area' grain growers... not 'designated area' grain growers be servants of the 'single desk'." [Tom Jackson]
This very principal allowed the CWB to create an after season FPC system... that respected my property rights in the early 2000's... to switch classes if in the same category... and even class switches should be allowed if futures spreads are respected...
Management at the CWB has totally lost it... they should have their butts dropped off in Greenland... to practice 'respectful' for a few years... on the seals and gulls... instead of the farm families in the 'designated area'.
Sorry I forgot... we are not actually people... the code obviously applies to everyone except 'designated area' commercial grain growers.
~~~^^^~~~ I know... if I wasn't an idiot... I would hit 'reset' and dump this entry. Sorry DEAR.
I am truly a fool. [break into song...]'Wasted days and wasted nights'
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