Bet on the CWB

[CptnObvious]

blackpowder, yes, slowdowns in transport or plugged terminals are used as an excuse by the grain co.s to steal our money. More dedicated, or even COMMANDED, grain cars would really help.

[CptnObvious]

Macdon02, both your memory and your math are suspect. The total operating budget of the CWB was about $70 million( less, I think) which would equate to about 50 cents/tonne. The CWB also made $30-50 million/yr on the interest differential between the prime rate at which it borrowed and the rate which it charged its' customers. This means the CWB cost farmers at worst $40 million, and in some years, almost nothing. In comparison post-CWB losses to farmers because of lower port prices and excess basis are averaging $2 billion/year.

[bucket]

The only thing I can say is those deductions to run the board included the assets that were farmers that ended up at Zero.

[binthere]

A disgruntled ex c.w.b. Employee speaking on behalf of farmers is always funny.

[tmyrfield]

tmyrfield, who is k.k. fellow? He sounds like a man( or woman, let us not be chauvinist) of great intelligence.

kyle, it is you! you were always a modest fellow, with much to be modest about!

I always enjoyed our debates, it was like hitting my thumbnail with a hammer, it felt good when i stopped.

[furrowtickler]

Let it go 🤡, let it go ...

[kryger]

I think captain obvious's numbers for final board payments are wrong. You always had to deduct basis from board prices. In my case, that was $57/tonne.
If memory serves, the first year without the board, the elevator prices had a positive basis. We sold a lot of #2 14.5 protein wheat for $8/ bushel or more.

[tmyrfield]

good times!

https://www.agriville.com/threads/24844-rumour

[malleefarmer]

Back in CWB days did they offer cash prices? As well as pools?

If you still had CWB would your traffic jam with transport/rail cars be the same?

[CptnObvious]

My name is not Kyle.