CWB Supporters - What is the CWB mandate?

[Choice2U]

This is not a trick question. I would like CWB supporters to explain the CWB's mandate based on this hypothetical situation to better understand your thought process. I'll keep your choices simple so you can just pick 1, 2 or 3 or a combination. For easy hypothetical figuring, assume a 20M bushel per year production. Is the CWB mandate to: 1. Maximize the $ value per bushel? (eg. sell 10M bushels at $9/bu avg. which would generate $90M but requires closing the pool 1/2 way through the season without any advance notice resulting in a carryout of 10M bushels) 2. Sell all the grain that is grown? (eg. sell the full year's production of 20M bushels at $5/bu avg. generating $100M keeping an average carryout. All growers get the same price) 3. Maximize the total $ value of the crop? (eg. sell only 18M bu (out of 20M production) x $6/bu avg. which generates $108M but pushes the carryout to a larger than average number) Please pick one or indicate if two or all are part of it's mandate. Each has a different implication to all farmers collectively as well as to each farmer individually. To summarize, your three choices are 1. Maximize the $ per bushel ($90M to a limited pool) 2. Sell all the year's production ($100M to all contracts with 100% delivery) 3. Maximize the $ value of the crop ($108M but with only a 90% contract acceptance).

[charliep]

No one responding so will stir the pot.

Your description (perhaps modifying prices slightly) is not too different from the likely scenario for wheat this year.

Don't have the S&D from Grain World but will note the likely situation this year is a 16 MMT of Canadian Wheat exports. July 31 carryover likely 8 MMT. A 20 MMT export program would be bbring July 31 carryover down to 4 MMT - pretty much empty farmer bins. A 10 to 12 MMT export program (won't happen given exports would have to stop from here on in) would see carryovers in the 12 to 13 MMT area.

Just highlighting to note your question isn't theory but rather real life.

Perhaps also noting that both canola and wheat carryovers on July 31 are likely to be up 50 %. Are farmers in a better position to make decisions about how much they carry into new crop based on their individual needs or is single desk based on central desk view of marketing pace and contract signup/delivery calls?

[charliep]

Still no reply so will stir the pot again. Also note no reply on
who read the annual report. So will try another question.

What are farmers who deliver grain to the CWB status?

1) Shareholders in a corporation?

2) Shareholder in cooperative? New gen or traditional?

3) Stakeholders in a ___________?

4) Employees?

5) Contractors who provide a service/product to the CWB?

6) Businesses that provide services/products to a major
corporation? Something like a parts manufacturer that has
an exclusive contract with a major company?

7) Something else?

[cottonpicken]

7-cogs in a wheel

[charliep]

Just curious on the metaphor. Are you suggesting farmers/farm policy is like
the cogs in a wheel - something that simply goes round and round but has no
control over direction. Or that farmers are simply a part of the mechanics
similar to the cogs on a vehicle but only a small part of things in total (i.e. a
supply chain).