Why the CWB cannot extract a premium...

[TOM4CWB]

Burbert,

Conformity is the jailor of freedom and the enemy of growth. -J.F. Kennedy


Our family has been on our farm... since 1881 growing grain for a hungry world.

1943 was when the CWB monopoly was formed... to feed a hungry world for next to free...and from there it was 1996 until the CWB truly became abusive under the special leadership of Minister Goodale.

Sooo our Alberta family grain farm has operated 62 years without the CWB monopoly at all, 50 years where we could sell to whomever we needed to... using the seed sales market or a truck to the US till at least 1992...

NOW only 14 years under the present system of CWB handcuffs and shackles.

I have fought you communists in the 'Designated area' from the start of Goodale's coup... especially when, by CDN Gov. order in council...

"Grain export victory. (a Manitoba court found farmer David Sawatzky innocent of exporting wheat and barley to the U.S. without a permit from the Canadian Wheat Board)(Brief Article)
Article from: Maclean's | May 27, 1996"

Minister Goodale alone changed the CWB Regulations to create the single desk and the monopoly... after the Canadian Courts ruled Minister Goodale was wrong on the CWB had no monopoly in Sawatzky.

It is YOU and ex Minister Goodale that should have to move to the Soviet Union/Russia... and leave us Canadians that love freedom alone.

[bucket]

BUT wait tom, look at what they are trying to do in russia. From one of my previous posts on the newsflash thread.

Maybe we should leave burbert here, and move to russia.

read this:

AMERICANS who run the world's biggest derivatives market are working with Moscow to create a wheat futures market.

The market would serve the huge agricultural producers in Russia, Ukraine and Kazakhstan.

The aim by the Chicago Mercantile Exchange is to set up an exchange in the Russian capital based on the proven Globex trading platform used in Chicago.

By allowing Russian producers and industrial consumers to hedge against sharp movements in wheat prices, the exchange would lessen the danger of a repetition of the sharp jump in prices this summer after Russian grain production collapsed.

A high-profile delegation led by Craig Donohue, chief executive of the Chicago Mercantile Exchange, has visited Moscow for talks hosted by the First Deputy Prime Minister Viktor Zubkov.



The talks are at an early stage, but the market for wheat futures could presage further links between Chicago and Moscow to allow the country to develop its financial services industry.

Various exchanges have long sought an entry into Russia but have been blocked by regulatory barriers. Any venture would inevitably need the blessing of the authorities there.

A market would require the involvement of the Russian Trading System, which was involved in last month's talks along with Micex, the Russian equities exchange. The RTS already offers derivatives in a series of products including Urals and Brent crude oil and gold, and trades in US dollars.

But as yet there are no wheat futures available to trade.

In August, the Kremlin was forced to halt grain exports after the combined effects of a heatwave, drought and wildfires threatened to wipe out a third of production. Russia is the world's third-biggest exporter of wheat and the shortfall meant that the country could struggle to meet its own needs.

The ban led to a worldwide surge in wheat prices by a third. While a good harvest in the United States and elsewhere limited the worst effects of the rises, there were fears of a return to the 2008 food price crisis that caused riots in some cities in the developing world.

In Britain, producers such as Premier Foods, owner of the Hovis brand, warned the rise would spark an inevitable increase in prices.

Leo Melamed, the chairman emeritus of the Chicago exchange, was born in Poland and fled with his family through Russia to sanctuary in America during the Second World War. He has said that if Russian farmers had had a futures market to insure their crop, they would have saved large amounts of money.

There are already two wheat futures markets, the biggest run by the Chicago Board of Trade under the CME's ownership. The second is in Paris, operated by NYSE Liffe.

[TOM4CWB]

Stubble,

Showing 'designated area' farmers they as 'emperors had no clothes on'... won no popularity contest... but there never was any intent to sugar coat the CWB or its monopoly.

It takes a sick mind to justify jailing farmers for trying to make a living and feed his family, and raise the standard of living in his farm community.

This is EXACTLY what MINISTER GOODALE DID... more than once.

Here we go... fighting Goodales second world war.... again and again...

WOW... are we ever smart.

[parsley]

Dear Tom:

"Do not let your fire go out, spark by irreplaceable spark in the hopeless swaps of the not-quite, the not-yet, and the not-at-all. Do not let the hero in your soul perish in lonely frustration for the life you deserved and have never been able to reach. The world you desire can be won. It exists.. it is real.. it is possible.. it's yours."
— Ayn Rand (Atlas Shrugged)


Dear Stubble:

"The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities."
— Ayn Rand

Pars

[TOM4CWB]

Parsley,

I agree. If I gave up... all that we invested... would be proven to be foolish tinder for the madness of the CWB fire!

We will never surrender... no matter how many of our brother 'designated area' slaves say the Master is good for us!

One look at the wheat our bins... and what the CWB says our milling grain is worth... FEED WHEAT.... when it makes perfectly good flour...

Sooo... we continue..

The Second World War confiscation in the CWB 'designated area' is not quite over yet... we haven't given away enough single desk cheap milling wheat yet...

We must pay and pay and pay...

[Fransisco]

stubble, even for you that was a cheap shot. Once again you've lowered the bar.