CWB 09-10 Finals out

[Koldkanuck]

What a ****in joke.

[Wheatking]

KOLDKANUCK said it best

[TOM4CWB]

Did you know;

CWB directors still can NOT use FPC or BPC PPO to sell their crop?

NO wonder why the CWB came out with a 200% EPO for feed wheat... that way the CWB directors could flat price outside the pools.

What an insane system!

I just paid the CWB pool $17.20/t on hard spring wheat and $17.66/t on CPS;

TODAY. PLUS the take on the carry in the market.

The Pool is not Cool... It takes a fool to think it is a good tool.

[Fransisco]

<b>GOOD LORD!!!</b>

USDA weighted average for hard red spring $5.26/bu USD

CWB final payment for 13.5% Hard red spring after taking off average Mb deductions $4.99/bu CAD

Even before you do a dollar conversion the weighted average kicks the wheat boards collective butt! And don't forget the weighted average is a grab bag of all grades including FEED. Its fighting with both hands tied behind its back and an amputated leg yet still outperforms the mighty high protein pool.

[hobbyfrmr]

I am a farmer, so when I say..Farmers get what they deserve. I do not grow wheat and have not for years. I started as a young farmer with very little backing and learned that CWB grains could not cash flow my operation. Because I had such a "no backing" start, I needed to grow crops that could satisfy my borrowing/consumption needs. Funny thing. I am not screamingly successful, yet..still putting food on the table for 3 children and truly inefficiently fumbling and stumbling across my small farm.

[oneoff]

Still no word from chuck et al. I don't wonder why.

[TOM4CWB]

Hobbyfmr,

"I am a farmer, so when I say..Farmers get what they deserve."

You do not grow wheat or barley?



The CWB claims day in and day out... that they 'extract' a premium.

Do wheat/barley farmers deserve this CWB deception?

[SASKFARMER3]

Here CHUCKY CHUCKY Come and play. Also some of you other geniuses where the hell are you now. Oh probably on a vacation after making a profit marketing your canola or peas or lentils.
God I'm still pst and its only the day after.

[mcfarms]

Hey at least you got to wait a year to feel screwed over, I was pissed too then remembered oh ya got hailed out last year no grain no pain . But then I reminded myself that we have a lot of malt barley this year above and beyond what I'd cash plused earlier and based on the pro thursday they've screwed the pooch on that one too obviously zero risk management on presold grains by the so called "premium" marketer" . So I don't have to wait a year to be disgusted, but rest assured no one will be fired or held accountable for this wonderful performance. At one point I thought the board was learning that we farmers were paying attention now more than ever, nope no accountability no skin in the game no worries, think Ian White is going to feel any heat over this ? yah sure..

[malleefarmer]

Deathly silence was looking foward to some robust debate

A side issue not relevant to comments but farmers here are really looking foward to cargill/awb merger as cargill have been front runners for a fair part of this harvest and now with storage and handling farmers are hoping they may build port facilities to close the loop and compete with viterra at the ports, a intersting few years ahead