read CWB story in today's National Post

[TOM4CWB]

I have to leave my comments on this thread on two points -

one - parsely is effecting a selective illusion regarding the assumption that the CWB does not have the requirement to have the buyback program. On the contrary, as I have explained on previous threads, the CWB has the legislative and regulatory requirement to capture any pecuniary benefit that exists as a result of having a single desk. It's that simple. I have asked parsely to come up with a different idea to meet this requirement, and there has been silence on that question.

two - tom4cwb mentioned on another thread that for every tonne he ships into the US, it pushes one more US tonne out to the export market. This is the essence of the having the buyback program and part of the reason a dual market wouldn't work. There is a direct result of his actions.

IN fact, when we did face a cap on exports to the US not that long ago, his cargos would tally up against that total. He captured that nearby market, leaving more distant (read more costly) markets for other pool participants. Because the CWB had in their marketing plan to sell to the cap in the US, the equivalent amount of his cargo then would have to be sold to other markets by the CWB, in competition with the US grain he displaced. This is not a recipe for higher prices overall.

One tonne or one hundred tonnes may not make a difference. But they all add up.

Tom

[Vader]

tom4cwb,

It is totally ridiculous to say that the cwb ignores marketing. That would make as much sense as for me to say that you ignore farming. You might want to invest a few dollars in a University course called Logic 100.

Did you see the response in the wheat complex around the time the cwb withdrew from the market. The market went up - a lot. I'm not saying that the cwb was entirely responsible but when you market all of Canada's wheat the world watches what you do. Do you think that the world watches how you market your grain tom4cwb?

[parsley]

thalpenny,

The pecuniary benefit is defined very clearly in 14(b). It is a tariff and every Exporter is subject to the 14(b) Tariff and it is determined as follows:.

The Tariff = World Price minus Price
Inside Canada= $0.00

$0.00 because the price inside and outside Canada is the same because of NAFTA.

This $0.00 tariff is what the legislation requires everyone to pay, but the CWB Backroom boys and the Single Deathskers couldn't accept what the law says for Westerners as well as everyone else, so every applicant inside the Designated area is denied an export license while those outside pay zippo and truck south.

Every exporter inside the Designated Area is TOLD to do a buyback by the backroom boys(not the legislation) and they calculate the buyback as follows:

Marketprice - InitialPrice =$Variablecost

NOTHING in the legislation requires producers to do the buyback. The reason you keep dancing around the issue, is because you know that Parliament doesn't require a buyback, only Board policy
does. Not being upfront with farmers will destroy the Board

Parsley

[TOM4CWB]

Vader;

Personal responsibility will always create more efficiency and wealth than any other system... you can take that to the bank...

Sticks and stones...

Just take a look at the difference between SK. and AB.

Which province has created more wealth over the last 30 years?

Vader, we all make the beds we lie in, and we all must live with ourselves after we pronounce our "wisdom".

I for one will always respect my neighbours right to property, even if I could get more for my own possesions if we combined both together!

We have co-operation... and the benefits of co-operation far outweigh any prosperity created by confiscation greed and deceit.

This is why AB. farmers got all emotional and went to prison today, they co-operated to build a stronger and better future for our next generation!