Who speaks for Sask. pulse growers

[gustgd]

To be fair every commodity association is
struggling for farm leaders. It would be safe to
say that anyone who has run for a position was
"recruited" or if they had issues encouraged to
run.
Maybe the three incumbents are just being more
upfront? I hope the real issues come forward
before the election. I can only get bits and bites
from those who might know. Mostly differences in
policy nothing serious, but with the dollars at
stake......
Chances of a special meeting during the election
are slim to none IMHO. Maybe they could start
having election after Crop production week.
Turnout for the AGM is likely better than the voter
turnout. I think I was told it was 12% last time.

Apathy is the enemy!

[haveapulse]

I take the "shit disturber' label as a compliment and you bet, I will look after producer interests!

[gustgd]

Haveapulse/ Vicci. I meant it both ways. Good
luck thanks for putting your name forward.

[wmoebis]

Sumdumguy: You said Some large companies could be way over their bond, and nobody would know.

Isn't the CGC's job to make sure these guys are bonded and then monitor them so they don't go over bond or make them increase value of bond?

[malleefarmer]

cotton we have this in australia but its
not quite like what your thinking of.

cleargrain.com.au

baiscally ebay for grain clear is the
clearing house buyer dont know sellers
and vice versa

transaction is agreed on grain goes to
clear and buyer money goes to clear when
clear get the money buyers get the grain
if buyer defaults within the 7 days
grain goes back to seller risk free

[TOM4CWB]

SDG,

"The bond system didnt work well enough. The audit process comes way after the fact. Large companies could be way over their bond and no one would know."

Primary Elevators are allowed to count inventory as assets for reporting purposes.... WHICH is right. Grain Dealers were NOT allowed this opportunity... which made the bond required much greater.

It is now an option; if being covered by insurance... it is up to the insurance co. to make sure assets are there... or the insurance policy pays the grower. Functionally now this is already an option under the 'old' legislation. EDC is providing an 'assurity' for security of grower liabilities for some buyers. Others can provide a Bank Bond with less cost to themselves for the security needed.

Under the new legislation... the CGC can hire a 3rd party to cover admin and liabilities (if they see value to growers)... so grower security could be better than under the present system.

THis way the more stable buyers pay a lower cost... and more risky buyers pay more. Which is as it should be. Growers should not be paying for security... other than in the buyers basis; as has been the case for a century.

Cheers

[grower99]

Read Robert Arnason's article in the WP
on page 4. According to the article many
Manitoba farmers are considering a
lawsuit because they have not been paid
for their grain that was delivered. The
company entered creditor protection
after the grain was delivered.According
to Barry Wilson's article on page 14
there will be tens of millions of
dollars in increased farmer user fees.He
also states that the current bonding
system to protect farmer deliveries if
companies go bankrupt would be changed
to an insurance system. I think all
farmers should know how this will affect
us when we make deliveries. Is there a
cost to farmers for this insurance
system?I'm sure these Manitoba farmers
are very concerned.Many farmers that
I've talked to would like to know what
Gord Bacon,Humphrey Banack and Richard
White had to say regarding these
significant changes as Barry Wilson
describes them.

[TOM4CWB]

Grower99,

As a grower who has been very involved in producer security for decades... as I stated above... we may end up with the best of all worlds; from the changes being brought in by this new CGAct legislation. Here is hoping the CGC Commissioners head in that direction.

Is it true... that Robert just sold his land?

[haveapulse]

http://www.lanerealtycorp.com/feature_sheets/wc_elbow_2848.jpg

Sold.

[Hopperbin]

You may be on wrong topic but sold to who and for what price?

[haveapulse]

Actually it is the listing to answer the question of Tom.

[haveapulse]

The real questions are: % of bankabiltiy what leve of risk will be covered: 70%/80%/90%/100%; and how will premiums be calculated.

With changing global conditions risk management efficiencies make change necessary, and desirable for all players. To their credit the CGC and the G of C read the writing on the wall and responded accordingly. This was not a take it or leave it option, and to the credit of Gordon Bacon the concern he raises is one which would recognize the need to enable a competitive insurance model for companies of all sizes. Enabling competition I am going to assume is a producer friendly concept.