$.5B per year... lost to CWB single desk...

[chaffmeister]

This is as good a place as any to post this.

For the crop year about to end, consider the following:

1. The CWB considers it has an 18 month window to sell each year’s crop – that means they start to sell as early as Jan 1 before the crop year even starts.

2. The PRO for #1CWRS 13.5 is $370/tonne. With one day left in the crop year, let’s assume it won’t change much from here so we’ll call this price your Final.

3. The CWB’s daily selling price (often called the “Card Price”) is published in the CGC Grain Stats Weekly. We’ll call this the CWB Offering Price.

4. From Jan 1, 2007 to July 30, 2008 the CWB Offering Price ranged from a low of $253 (May 18th, 2007) to a high of $889.95 (Feb 25th, 2008). The average was $397.49/t. That means your Final is about 27 bucks BELOW the average CWB Offering Price.

5. Prices generally moved higher throughout the year until peaking on Feb 25th – since then, prices have trended lower.

<b>This strongly suggests the CWB sold more early and less later on. Or it sold at prices substantially lower than their own Offering Price.</b>


There’s more.

5. If we assume the CWB doesn’t sell “too early” like they say US farmers did, perhaps we should consider only the CWB Offering Prices since Aug 1, 2007. If we do, then the average CWB Offering Price is $470.10. If we do this, your Final is a whopping 100 bucks BELOW the average CWB Offering Price.

6. The CWB Offering Price was lower than your Final on only 53 days. It was above your Final on 194 days.

<b>It’s clear as can be. The CWB front loaded the sales program, just as they accused the US farmer of doing.</b>


One final insult.

During harvest 2007 (which was late Aug to late Oct, according to Sask Ag), the average CWB Offering Price was about $368.

<b>The CWB was successful at getting you no more than the prices they were offering at harvest.</b>

Who thinks they could’ve done better on their own?

[Burbert]

So the magic formula, is to delete the CWB and let brokers, grain companies, the open market dictate prices? We are certain to get rich, rich, rich., like the Americans. Railroads will become our friends, move our grain in a timely manner. Every man/woman for themselves, is the only way to go, the open market will prevail. Wow how simple can it get. No more co-operation amoungest farmers, lets get what we kin get and to hell with the rest of you. Yeah I can see this is a magic formulation which will insure that Canadian farmers continue to lead the world. High inputs be damned, we are the best and some of us know it, all we have to do is educate others, bring them on side! Thank goodness you shakers and movers exist. Hopefully you are not fools, leading us with your modern view and expertise!

[TOM4CWB]

Burbert;

Don't lie to me.

SIMPLE.

You are as bad as the CWB.

A neighbour did a simple 12 month 'pick a day to sell' average calculation... using CWB PPO contracts... and came out well over $30/t short with using the pool this year.

And the CWB has stacked to PPO program to steal from us and cross subsidise the pool... which makes it even worse.

Be honest Burbert... this has NOTHING to do with co-operation or being a good neighbour... what you are accusing us of you yourself are 100% guilty of doing to us.

[TOM4CWB]

Chaff;

I didn't read your post first... good points.

Commercial farmers are clearly 'doing the math' and the CWB failed.

Hobby farmers will eventually loose influence... the TRUTH will expose to the world... the stupidity of the CWB position.

TROTW as indicated in WTO negotiations already knew... so we only have to convince ourselves now... the lack of mercy and grace the CWB has shown particulaily in 2008... will haunt them big time.

[chaffmeister]

Burbert says:
So the magic formula, is to delete the CWB and let brokers, grain companies, the open market dictate prices?

I'm astounded that, faced with piles of evidence to the contrary, you continue to believe the CWB sets prices.

Even the CWB says they don't set prices. They <b>compete</b> in the global market. This means their price needs to be competitive.

What have you got against <b>truth</b> and <b>wisdom</b>?

[wilagro]

Well...I read that "informafinalreport.pdf" and boy is it just what the AB gov't WANTED to hear. What a load of doodoo. The whole report is from an American perspective and is anti-CWB from the start. WE as Albertans should tell our gov't to quit spending good money on these American companies and their pro-American and anti-Canadian reports. This government likes to interfere in all kinds of marketing when it benefits certain "special interest" groups.

[chaffmeister]

"Special interest" groups like <b>70%</b> of Western Canadian farmers?

[chaffmeister]

What part is "doodoo"? Specifically.

Did you know that Informa Economics is owned by a UK-based company with global interests? Not very American from that perspective.

Data and information is from non-American sources such as the UN, the Japan Ministry of Agriculture, Quorum Corporation (a Canadian firm that monitors the grain industry for the government, and so forth. And, oh yeah, the CWB.

And just so's ya know - the authors of the study are Canadian (born and raised), working in the Canadian office (in Winnipeg). I've known them personally for years. If the results favoured the CWB, they'd say so.

[bucket]

The words co-operation and being a good neighbor are crap. If the cwb served a purpose like that and trying to pool results it would only seem logical that the cwb would pay for the spraying of wheat midge as that would effectively help all western canadian farmers - right?

When my expenses are pooled I will start believing in the communist wheat board, which, by the way is more of a reality than I thought.

[wilagro]

Interesting is the fact that MOST if not all of "informafinalreport" conclusions are based on or consist of ESTIMATES, ESTIMATES and more ESTIMATES.

Could be, should be, might be, maybe will be AND gawd-only knows what...conclusions tailor-made for the purchaser of the report.

Brrraaaccckkkkk!!!!Puke.