Re. CWB malt pool

[ProFarmer]

Wouldn't it be funny if malt went up to 20 dollars before june and I bet my bottom dollar they would start another pool or add it to the old one the greedy basterds

[TOM4CWB]

Profarmer,

Did you notice the CWB took $20 million the CWB 'made' from cash sales... and deposited it to the Contingency fund?

About $10/t right off the top. Except if you are an organic wheat grower... then they pay you extra... give you special 'low cost' export licenses...

ANd we are supposed to believe this corporation is run with the highest standards of integrety and ethics... when 'single deskers' poolies are frequently exempted from high cost buy-backs... paid huge premiums... the list goes on....and on...

[Fransisco]

Now this is interesting on page 52 it says that the final pool distribution on malt was $289.71 per tonne, .33 per tonne was moved to the contingency fund.

On page 55 we see that feed barley pool A had a final distribution of $279.41 after 51.91 a tonne was moved to the contingency fund.

Page 57 feed barley pool B comes in at $279.59 after 7.04 is taken for the contingency fund.

So without the board redistributing farmers money it would have been

Malt barley $290.04

feed pool A $331.32

Feed Pool B $286.63

So at most they got a 3.41 per tonne or 7 cents per bushel premium for malt over their own feed sales at worst they lost 41.28 per tonne or 90 cents a bushel.

And we all know the last place you sell feed barley to is the board because the domestic market kicks the heck out of it almost every time.

They can't even beat the price of feed barley with malt sales! Pathetic.