Found this on another thread from our old friend John De Pape ...
jdepape posted Nov 19, 2010 11:05
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stubble:
I went to the website www.cwbafacts.ca and was unimpressed. Same old rhetoric, same old misrepresentations, same old skewed conclusions based on inaccurate understanding of the market place.
I have sent an email to them to invite them to discuss their facts (I'm not concerned about their conclusions - but they should at the least get their facts right.) We'll see if they respond.
Example of factual inaccuracies:
"“basis” includes transportation and the other costs of moving a commodity from production to the international price location."
Sorry, but that's wrong.
Here's another:
"One of the largest malting plants in the world is located at Alix, Alberta."
At 39,000 tonnes (storage capacity), Rahr actually comes in fourth in Canada - after Canada Malt in Calgary (89,330), Prairie Malt in Biggar (107,380), Canada Malt in Thunder Bay (80,900). In the US there are many plants bigger than Rahr in Alix. Even more around the world.
There are many, many more examples like this. It's too bad that someone went to so much effort only to get so much wrong.
jdepape posted Nov 19, 2010 11:05
--------------------------------------------------------------------------------
stubble:
I went to the website www.cwbafacts.ca and was unimpressed. Same old rhetoric, same old misrepresentations, same old skewed conclusions based on inaccurate understanding of the market place.
I have sent an email to them to invite them to discuss their facts (I'm not concerned about their conclusions - but they should at the least get their facts right.) We'll see if they respond.
Example of factual inaccuracies:
"“basis” includes transportation and the other costs of moving a commodity from production to the international price location."
Sorry, but that's wrong.
Here's another:
"One of the largest malting plants in the world is located at Alix, Alberta."
At 39,000 tonnes (storage capacity), Rahr actually comes in fourth in Canada - after Canada Malt in Calgary (89,330), Prairie Malt in Biggar (107,380), Canada Malt in Thunder Bay (80,900). In the US there are many plants bigger than Rahr in Alix. Even more around the world.
There are many, many more examples like this. It's too bad that someone went to so much effort only to get so much wrong.
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