Wheat Board Lovers

[TOM4CWB]

Wilagro;

It is you that are blind.

There is a real problem... and if you cannot see this... I feel sorry for you.

These jokers have taken you in... and the statements they just put out are a dreadful example of a lack of transparent reporting of the financial results of the 2007-08 crop year.

If you don't care... that is your problem. Don't condem us for wanting to know why it costs us an extra $50/t... to do business with the CWB.

Perhaps $50/t does not amount to much on your farm... to many of us... it is the real and needed income to put together operations in a manner that allows our next generation to continue our family farms.

Have a good day.

[chaffmeister]

wilagro:

As usual, you're missing the point. This isn't about accounting. I'm quite confident that the accounting has been done properly - remember, accountants are only score keepers.

The point is that the statements - the professionally presented financial statements - show the CWB has lost a lot of money. We're all in agreement:

$89.9 million loss in the contingency fund.

$226 million shortfall in discretionary trading in the pool accounts.

$20 million profit in "cash trading". Not bad, eh? Problem is it went into the contingency fund instead of back to the guys that sold the grain on those "cash trading" deals. So this isn't really a loss - unless you're one of those guys. (I thought the CWB was supposed to pass on all profits from marketing to farmers, not keep some of it to cover up their own incompetence.)

No "invalid comparisons" here, wilagro.


The real problem here is the likes of you, wilagro.

Your support of the CWB is so blind that you even attack the detractors when they're proving the CWB's shortcomings. (We're not even proving it - the CWB has done that with their annual report. We're just mad about it.)

With the global markets in disarray as they are, we really don't need any more of the bullshit you and other members of the Borg spew here and where ever else you can. If you want to defend the CWB, go ahead, but do it with facts. The kind of tripe you throw out is just a waste of time.

BTW:

1. I wouldn't waste my time taking any of this to a rep of the CWB as you suggest. But to the media, legal counsel and Ottawa - that's a different story.

2. Before you go calling anyone AMATEUR anything, better change your own tactics. Whenever you post here I always feel you're like the guy that brings a knife to a gun fight.

3. These are serious problems and you're right to notice the rage. What astounds me is that you seem to only have rage for the ones attacking the CWB.

Can you explain why?

How can you support the CWB with so much passion and yet so little knowledge?

[wilagro]

chaff: As I have stated before...if you and others disagree with the way that the CWB operates...take it up with THEM. If I have a beef with Wal-Mart I am not going to complain to their CUSTOMERS...they don't control Wal-Mart.

You Antis do this repeatedly. Like whiny little brats you scream that WE should explain why WE like the CWB and explain THEIR operations and procedures when things don't work as you think they should.

Jeez, you are dense.

[gregpet]

Wilagro

If I have a problem with Wal Mart I do take it up with them, but, I also have the choice to go to Zellers, Costco, Sears, etc...!!!!

If I take my problems up with the CWB the response is we will look into it and I either get a pre-approved response or none at all. My options are apply for an inflated buy back option or deal with the CWB.

See the difference.

Jeez, who's dense.

[wilagro]

gregpet: So why blame CWB supporters for YOUR problem(s)? WE are not in a position to answer for them.

You're missing the bloody point AGAIN.

Jeez, there getting even more dense around here.

[TOM4CWB]

Wilagro,

You have missed the issue.

You and 'single desk' supporters are the bullies.

I do NOT tell you who you can or can not do business with.

I do not bully you and tell you what crop to grow.

I do not force you to buy Fords, Groceries from Superstore, machinery from Balrus, fertilizer from Agrium, weed control from Dow, or hardware/building supplies from Nelson Lumber.

I do not understand why... when you are NOT involved in any logical way in my families farm... why we must pay back hundreds of millions of dollars of speculative losses... that we absolutely wanted nothing to do with the CWB or its' marketing 'services'... but are only forced to pay you and yours... because you say we must... to make you rich and feel powerful.

Isn't that being a bully?

[Fransisco]

Willagro, you and the other wheat board supporters are a big part of the problem.

As long as you continue to be part of the problem, by voting and lobbying for a continuation of this maddness for no rational reason, we are going to keep getting in your face and asking you to 'splain yourself.

[gregpet]

Wilagro, where did I blame CWB supporters?

I agree getting more and more dense, by the post.

[TOM4CWB]

Wilagro,

Interesting statement;

'You Antis do this repeatedly. Like whiny little brats you scream that WE should explain why WE like the CWB and explain THEIR operations and procedures...'

Sooo... who voted in this management team Wilagro?

The 8 'single desk' supporters... that are CWB Directors... who installed them... and encouraged them to manipulate our markets... and speculate with my farms' money?

Since you/your folks voted them in(the 8 'single desk' CWB Directors)... wouldn't it be logical they would respond to your direction... before they would ever listen to what 'market choice' commercial grain growers advolcate?

[katoe]

Where is all this so called expertice from the appointed directors? Perhaps Ritz should have appointed someone with risk management expertise instead of people that fit the cons. agenda.

[TOM4CWB]

katoe;

Interesting question...

If both we hire and elect... the same people who failed our 'designated area' co-operative grain industry... people who took it to the point of oblivion... why would we expect anything else?

Why are grain farmers... who elected the majority of the Directors on the CWB... not more to blame than the Conservatives?

Do you remember the definition of insanity?

Doing the same thing over and over... yet expecting a different result each time!

[charliep]

Perhaps it is not the CWB directors job to manage CWB
risk/producer payment programs. They set the overall policy and
performance measures. The management and operations side of
the CWB are one who do the doing and need to be held accountable
in the short term.

From a policy direction, the board of directors need to be a lot
more innovative in the program direction/latitude for change they
give the operations side. Examples would be more pools, more than
one pooling period within a year and pricing PPO programs against
cash sales (cash pricing if you like).

Wilagro and Katoe - You are both right in that neither of you can
make change to system. I still remember the definition of insanity
as being doing the same thing over and over and expecting a
different result. This describes the current producer payment
options to a tee. The highlights provided here are all in the annual
report - the operations side reporting to the board of directors and
stakeholders (you and all other farmers) on their successes/failures
during the year.

[wilagro]

charliep: Very good analysis...glad you spelled that out. The way CWB supporters get attacked on this forum is illogical.

I guess the antis need a convenient whipping boy to unload their frustrations on...however this is not warranted IMO.

[silverback]

How many dollars do they have to lose before you would get frustrated Wilag?

Wait, don't tell me, it doesn't matter how much because you haven't sold a kernel through the board for years and years but you still get a ballot to keep the dream alive.

Good work.

[wilagro]

Thank you silverback.

Since you are retired, look who is talking.