$1000 dollar bonuses for all CWB Staff

[TOM4CWB]

Ken Beswick resigned because the CWB cost barley growers in 1995-96 close to 300m that crop year alone. Just the interest on that lost capital... I don't need to say more... do I?

And Ken gave his life for the CWB... I trust his actions and dedication any second over the....

[HFL]

Chuckchuck- Another study praising the invisible price preiums. We read about them, we hear about them, we just never see them on our grain cheques. In the study the writer claims an average price premium for two row malt barley of $ 40.29 per tonne. Almost 88 cents per bushel. We sold malt barley grown in 2004. The final price we got from the wheat board was about $ 2.30 per bushel. So if we subtract the 88 cents per bushel CWB premium that means the price without the CWB would have been $ 1.42 per bushel. We could have had that barley picked up off the combine for $ 2.25 for feed. All the studies in the world can tell us about the price premiums. When we see the evidence on our grain cheques we might start believing these studies.

[silverback]

This thread was about the bonuses and as much as you like to switch the subject, they are very relevant.

They just pulled $500,000.00 out of the pool accounts!!!

How does that not compute in your head man??

[chuckChuck]

To Previous posts. So what do you think the 3 economists who wrote the study on barley were doing? Did they make it all up? Perhaps you forgot that this is a public study that will be reveiwed and read by many economists and farmers. Do you think that in the academic world that credible researchers are going to put their whole career on the line by writing B.S.? The reality is that it is not possible for the average farmer to do this type of analysis because they don't have access to to all the information and they do not have the training and experience. I am not sure how the average farmer can pretend to know anything significant about the barley trade in Saudia Arabia and Japan. Sorry, anecdotal information is not equivalent to economic research and analysis done by ag.economists.

[parsley]

chucklechuckle,

You ought to plunk in smalldeadanimals.com

and read Kate's zeroing-in of typical-type media-ist Tamara King writing for the Winnipeg Sun about the CWB:

"That's what he told me, so that's what I wrote"

Transpose that gem into the singlicala-deskoretta jargon of the Wheat Board's custom-wired and well-paid U of S ag economists, with just a little revision:

"That's what the CWB told us, so that's what we wrote."

Parsley

[chuckChuck]

Parsley. If you have no argument you can always resort to discrediting the ones who do.

[northfarmer]

bcak from the holidays and getting caught up....lots of good chat coming from the latest bogus bonus flap....

are the decisions of the BOD on matters like this done in camera? can we get voting info from BOD meeting through FOI act? i am curious who voted for this? this will hurt the board more than it will help because the backlash has been fierce....here is my conspiracy theory....pro choicers support monopsonists on bonus vote knowing it will help their cause for liberating growers....


BennyHin, interesting scenarios...but..the reason guys like me are paying the premiums for the high yeilding new canola hybrids and pumping the acres for 2007 out of wheat and into canola is because we have already forward priced 2007 and in some cases 2008 production and have locked a profitable price floor....

demand is very high for the high cost seed, and acres are likely over the hybrid production plans of these companies as even with high global wheat and corn prices prices growers will be moving acres to canola...most in the industry called canola acres flat..now they wish in some cases they had more seed to sell...

geez.....what does the CWB have to do with the fact that Canola has grown from a non existent crop globally 30 years ago to the number one source of cash for prairie crop producers....and my god without the orderly marketing monopsonist support of federal legislation......the rails up in my neck of the woods/priaries are always loaded with canola cars and yet i sit on my 1 CWRS...all of it........well some will go for chicken feed in January for about the same money as the pro...go figure that one out???

i do like the idea of sharing the selling costs of our grain by membership versus volume.....in the old days i pooled thousands of tonnes....now all FPC/DPC priced..but alas, they are probably using the plump contingency funds i helped stuff....

[AdamSmith]

Chuckchuck, I posted a question for you on the thread
U of S Barley study released after 2 years.

You can post your awnswer on that thread as well.

Thanks
AS

[parsley]

chucklechuckle,

Since you are having difficulty grasping the concept, here it comes again:

1. The single desk does not reflect more money for FARMERS. We live on the money we RECIEVE from initial, adjustment and final payments.It is wanting.

Gray et al live well on CWB money. The CWB is a cash cow. In fact, the CWB has been a major funder of the U of S's Dept of Ag Econ year after year. They live well on CWB $$$. Farmers don't, chucklechuckle. If the ag-econs from Calvert-ville had any intellectual independence and decency at all, they would have long ago done a study on the 'How much CWB money does the FARMER have in his pocket at the end of the year?'

The Accredited Agencies know that CWB money is their gravey and meat and potatoes. Farmers don't get that kind of cash though.

All the institutions still nursing on the CWB depend upon that warm steady stream of cash to keep them alive. Farmers are hungry for cash.

Can you poke out your head high enough out of the "CWB-single-desk-makes money" hole to see that FARMERS aren't
the ones making any money from a single desk?

Can you get the concept?

Parsley

[cottonpicken]

Northfarmer if your pricing way out into 2007-2008 you dont have a clue about marketing so i'd be carefull about the critisism and judgment your spewing.
But i'm sure when the real canola rally takes place you will "have knowen it all along".

Parsly you should get back to the kitchen with your herbs and spices instead of trying to grasp the complexity international grain markets.
Why?-because not one thing you have ever said effects the actual price of GRAIN.