Fixed Price= Pooled Price?

[Fransisco]

Allen seems to be impying that the fixed price contract is not a fixed price contract.

[Zaphod]

It's not a fixed price. The basis used to set the FPC price is the basis for all pooled sales. See the explanation under the FAQs for the PPOs on the CWB web site (whew, that's lots of acronyms).

[TOM4CWB]

BennyHin,

There are a few hogs at the trough... that are not in Penners Barns!

Show us the premium... put up a fair price; or stand aside!

The DPC sellout in less than an hour and a half tells the whole story.

Our CWB wheat marketing system is totally screwed up!

[Fransisco]

I assume the explanation below is what you are talking about Zaphod.

http://www.cwb.ca/public/en/farmers/producer/producer/pdf/07-08/part1_07-08.pdf

Yes the way the CWB comes up with their basis is different from how others generally come up with theirs. But when you're comparing farm gate returns, farm gate prices if you will what does it matter? The price quoted, the price you agreed to is the price you got paid.

How you came to that price is interesting but it is the price that matters. and as far as I can tell the prices quoted on the CWB website are the prices you can lock in until 7:30am the next morning.

Once they are locked they're locked they are fixed.