Defines "premium price" this way;
As of today’s closing prices the CWB fixed price contract is a full Buck a bushel lower than what can be found in Bottineau, North Dakota for new crop spring wheat.Alton Grain Terminal is offering $5.84 Canadian (.94cent$exchange) per bushel for October 31 delivery.
The CWB fixed price contract backed off to Manitoba ($55.20\tonne) is $4.82 per bushel.
The pool price comes back at $4.21 per bushel.
That works out to a net negative premium of between $1.02 and $1.63 per bushel going back to the Canadian farmer thanks to that wonderful CWB monopoly. That works out to a $20,000.00 loss for every 500 acres of wheat planted if you assume a 40 bushel per acre yield. Multiply that over the 16 million acres planted in western Canada this spring and it’s a cool $640 million dollars out of the prairie economy.
Which brings me to this - some have asked what I think about the Calvert-Harper equalization controversy. My opinion remains unchanged.
Don't do it Mr. Prime Minister. He'll just piss it away;
A group of barley producers is getting financial aid from the Saskatchewan government in a fight with Ottawa over the Canadian Wheat Board.The province said it is kicking in $30,000 to help the Friends of the Canadian Wheat Board in its legal battle to keep the board's marketing monopoly on barley.
Nevermind that the majority of western Canadian barley producers voted in March to end the Wheat Board monopoly on barley - Calvert uses the same dictionary to define "democracy".











Assuming Calvert is dumb enough to take the Feds to curt over this, does that mean that, because the issue is in court there would be no "equalization payments" until the issue is settled. That could take quite a while.
I figure Calvert is dumb enough to do it.
It still boils down to freedom. I have always said that if ALL farmers in Canada fall under the CWB then Ontario and Quebec farmers would make sure the CWB would be closed within a week.
I am courious why the Sask. govt would go against the Western farmers vote, doesn't majotity mean anything to him? That's $30,000 of tax payers miney fo fight something that farmers already decided upon - this the voters can not afford. If the Friends of the CWB feel this is worth fighting, they should have their mrnbers pay for the court battle - not those who oppose the CWB through their tax dollars.
Makes you wonder where the tax money came from. After all, more than 50% (54%) in Saskatchewan voted to end the monopoly on Barley sales. Perhaps this means that Friends of the Monopoly should raise their own funds for a legal challenge rather than receiving tax dollars?
I am beyond angry on this topic, in fact I am steaming mad and every barley producer should be. Where was the Sask NDP party on all other farm problems? You couldnt find them because they dont care about Farmers and rural Sask. All of a sudden there handing out the cash no questions asked, not even a fair cost sharing 60/40 split. These so called Friends of the CWB should be singled out and held acountable by all barley producers. If you know them let them know your feelings they will wreck the best thing that has happened for farmers in years. I cant wait for some judge to hold this thing up in court until borat Dion gets into power and saves us farmers.
I think Saskatchewan citizens should sue the Provincial government for wasting their tax dollars on things like subsidizing Al Gore's visit and now challenging the CWB decision despite the fact that a majority of farmers want choice.
I'd like to suggest a new name for the Friends of the CWB:
The Society for the Preservation of the Brontosaurus.
Didn't the farmers out west also vote for the CWB to maintain its monopoly on wheat? I know they voted for Barley choice, but I was under the impression they also voted to maintain CWB control of wheat.
You aren't trying to mislead people, are you? Talk about wheat prices in North Dakota, and about Barley farmers in Saskatchewan.
If Calvert sues the Government, we the people, he's got to be as stunned as he looks.
What's he suing for, an Atlantic Discord?
"The province said it is kicking in $30,000"
Saskatchewan, the first talking province, gave me a great idea.
Lets encourage our gubmint to do a lot more of this sueing itself for NOT supplying itself with enough money.
Lets tie up our courts with the lefty arguments FOR entitlement to their entitlements via teat-sucking special interest groups on one side, and the pack of trough guzzling lawyers the gubmint is forced to hire on contract to defend itself, from itself, on the other.
Canada will be forced to declare financial bakruptcy, and we can tell the entire collection of lawyers, politicos AND special interest groups on both sides of the argument, to go pound salt, because, we won!
Contingency basis only for the snakes.
Lorne needs to and will do anything to change the channel away from his record in this pre-election period. He is WAY behind in the polls and the classic Premier ploy has always been to make Ottawa the Bad Guy. It is a very old story. Yawn.
Same same for Danny the Blowhard down at the Rock. He has, all by himself, destroyed the offshore industry's future, Voissey Bay is at a standstill and Lower Churchill hasn't a hope of happening. Not a single exploration company in the world will even talk to him anymore - he has just pissed them off too many times. The Offshore industry's future is dead as a Norwegian Blue.
Why ? Because Danny's negotiating style is best described as similar to a two year old temper tantrum.
He is a self centered, narrow minded idiot who needs to have a fight with Ottawa because he has 100% failed to deliver REAL economic development - not just more Teat sucking that pacifies but doesn't deliver.
So 7 out of ten Premiers are satisfied with the deal but the media focus is on the three cry baby complainers who are just covering up their own failures by picking fights with Ottawa.
Why ??
There was no vote on wheat. Only barley.
Like so many politicians in this ridiculous country, present and past, Calvert forgets whose money he spends.
When is theauditor general going to get a look at all of the CWB books??
The NDP gov't of Manitoba standing shoulder to shoulder with brother and sister Socialists has also announced funding support for Freinds of Wheat Board Monopoly. I guess majority votes don't mean much to Quebec separatists or socialists.
The ultimate irony is that these are all the same jokers who denied farmers their property rights and were jumping up and down that this had to be decided 'collectively' by a vote. And now that they lost the vote they can't even stand by their own twisted democratic principles.
Those of us that think the 3 premiers - Nfld, NS and SK - are idiots - should be marching in the streets. These 3 waste more money than any of the others. Let's face it - we are a "welfare" country where it seems the majority of voters want to sit on their a** and get handouts from the Feds.
My father moved out of Nfld. years ago (with a family of 5) because he was laid off and he wouldn't go on Unemployment Insurance. He found work in another part of Canada. Now all they want to do down there is have enough weeks so they can collect a cheque for doing nothing.
Totally disgusting.
I just came across something interesting in Wikipedia.
http://en.wikipedia.org/wiki/Equalization_payments
In 2005 Saskatchewan had a higher per capita GDP than Ontario.
And Newfoundland & Labrador had a higher per capita GDP than BC.
So in 2007/2008 NL&L will receive $938 per person in equalization and SK will receive $230 per person. BC will neither get nor pay anything and ON will pay (can't find the per person amount).
So why is it that Saskatchewan and NF&L are the loudest criers and demanding a continuation of their welfare cheques?
I think the citizens of BC & ON should sue the government of SK (& NF&L if they join the lawsuit).
Would someone please tell Saskatchewan that the Depression is over?
Talk about stuck on stupid, thinking pseudo communism will somehow bring prosperity to a province flush with defeatism.
Jane, you must be immensely proud of your father. Good for him!
Jane: I agree. Nothing in Canadian society digusts me more than the greedy entitlement exhibited by a large share of the population of the atlantic provinces. Not all of them act that way (I do not wish to paint all with the same brush), but a large proportion of the population is a bunch of noisy, lazy, welfare bums.
A clarification on your issue related to the negative basis on Canadian grains. Ontario grains and oilseeds producers likewise face a negative basis on their produce. The price for grains and oilseeds are set as a delivered price to Chicago or Minnepolis exchanges. This accounts for the different costs in shipping as well as regional supply and demand equations. Currently Canada is still dependent upon exporting its production to the USA or beyond.
Fred:
The media are bent on creating a crisis for the Conservative government, plain and simple.
Windbag Williams, Rodney the Fiddler and ForLorney are the stars in their latest attempts at trying to fuzzify the facts to manipulate opinion.
It's rather tiresome to listen to the Atlantic regions crying fowl after being presented with a very generous deal.
It's a one way street for Danny et al, they're ok with taking but don't want to share.
Don't worry it won't be long before Ontario has confiscated all the farm land to designate as Protected natural preserves or to give to native extortionists.
Prairie grain will be feeding Ontario's socialists and they will be paying a premium for it!
Take a closer look Farmerboy the prices quoted are cash prices delivered to Bottinea North Dakota compared to cash prices Manitoba farmers would recieve not to the futures prices.
Its an apples to apples comparison.
Geez, if I was a SK farmer, I'd be totally pissed at this decision. Almost a billion dollars in lost profits? What are these people smoking? With all the corn going into ethanol, the prices of grains in the US are rising, subsidised by the US government. Why not take advantage of that? And how could they negotiate a price 25% under the market price in the US? Are these guys totally incompetent?
Thank you Paul and sf. I am now a senior so of course my father is no longer with me but he showed his children "how to work for a dollar".
I have relatives in NS who are young and the father, mother(age 43), daughters, grandchildren - 3 generations of welfare - they know more about the legal system and how to get around it than the people with degrees. No sense reporting the abuse because they are smarter than the investigators and what would the govt. do anyway. They have been "ripping off" for years. Down there, the govt. won't give you an apartment or a rental house if you know how the system works, they build "new" ones for them and let them live in that house 'til they die. All one needs is get a medical doctor to sign something. They never do without. All they have to do is ask and the NS govt. provides.
I can't believe my eyes when I see the abuse as I do have to go visit that part of the country occasionally.
Soooooo....I can be a "farmer" in Sask/Man...grow barley at $3/bushel...and sell it for $2. Hey. Sounds like a win/win situation for me! A**holes.
Ever notice that when the "Friends of______ (fill in the blank)" show up their answer is always more tax dollars. I guess they think they are fooling everyone into thinking they are not the NDP auxilliary. Ever notice how communists refer to each other as comrade? Da!
Hey Texas Canuck. There's an exception to every rule. I refer you to "Friends of Science." :p
http://www.friendsofscience.org/
C'mon Kate!
You know for a fact that Canadians assume they live in a democracy but are in fact a constitutional monarchy. Citizen (subject) input is irrelevant being that you are subject and not an actual sovereign citizen.
Do as you are told you serf! How dare you question the ruling class.
...WCB - AdScam in the making.
Due to technical quirks, a post I made about 3 hours ago just appeared. So if you're like me and just look at the new posts at the bottom since you were last here you'll miss it. It's re the Wikipedia article on equalization.
Jane,
I live in SK. and you are absolutley correct. The NDP bozos think that getting off the feds dole is a bad thing. Also, Good on your Dad for having the courage to do the right thing!
Farmer Joe, thank you for the clarification. So if the Wheat Board sells the grain on the open market for the additonal bonus who get the profit?
KPD...you are exactley right!!! Until we get rid of the monarchy,elect our senate,and become a republic,we will never be a "democracy",the second greatest scam after socialism.
Looks to me like the difference gets split two ways.
Some of it goes back into covering the CWB's cost's of doing business, which is much, much higher than that of the private trade.
The rest goes into the pockets of the folks they sell too. The boards favourite way of making a sale is to have a lower asking price than everyone else. Which makes the customers very happy.
Prairie farmers not so much.
Looks to me like the difference gets split two ways.
Some of it goes back into covering the CWB's cost's of doing business, which is much, much higher than that of the private trade.
The rest goes into the pockets of the folks they sell too. The boards favourite way of making a sale is to have a lower asking price than everyone else. Which makes the customers very happy.
Prairie farmers not so much.
For example look at this;
SAO PAULO, June 13 (Reuters) - Brazilian millers bought three cargoes of western Canadian wheat totaling 80,000 tonnes, the Canadian Wheat Board said on Wednesday. The CWB also said further shipments were possible. "One ship of western Canadian wheat has departed for Brazil, another is being loaded and a third nominated," CWB media relations manager Maureen Fitzhenry told Reuters in a e-mail reply. "I should add that this may not be the end of the vessel nominations to Brazil," Fitzhenry added.
Brazilian traders earlier had reported purchases of Canadian wheat by millers in northeast Brazil who received a discount of $30 per tonne from the Canadian Wheat Board. "They paid $190 per tonne two weeks ago, when the price was $222 per tonne FOB," Lawrence Pih, president of Moinho Pacifico, said, adding that the first shipment was due to
arrive at the end of June.
Canadian wheat is now about $230 per tonne. Brazil's wheat is harvested in September, but won't be ready for milling until October. Pih said supplies would become critical in August, when Brazil will be looking for U.S. or Canadian wheat.
Brazil is the world's biggest wheat importer in 2006/07(Oct/Sept), purchasing 7.9 million tonnes. It is suffering from a shortage of supplies from the domestic market and from Argentina, traditionally its main provider. Brazil's wheat crop was ravaged by frost and drought last year. Output was only 2.2 million tonnes, compared with demand for 10 million tonnes.
Some Brazilian traders forecast that Brazil could buy up to 2 million tonnes of wheat in 2007 from non-traditional suppliers.
As us Albertans fly through stop signs and get killed talking on cell phones conducting business, because we are carrying most of this pathetic socialist turdopian paradise on our backs, making sure the lazy frenchies can keep their goldplated daycare and everything else, along with the rest of the welfare bums aka Atlantic provinces that live on pogey and pull their puds all day long instead of moving west where there is work, I want to puke when I see the likes of cry baby Danny williams and Culvert taking Harper to court. Get at it you losers, you have devastated your own provinces because of your welfare attitude, just go to hell you teat suckers, just stop getting in the way of progress you jealous bastards. Please Alberta, lets separate and let these loser/lazys starve . That does not include the good people of Sask. of which will vote for Brad Wall and send this clown packing, take Jackoff Layton with you when you go Culvert.
Yes, i find it amazeing also that these three whinening premiers never offered to send back the transfer payments they received....as mentioned almost entirely off the back of alberta.
But now that they have oil resourses starting to flow themselves, all of a sudden it's all mine and were not shareing...how pathetic.
As for the cwb. and barley prices
last i heard, 2 row ss malt intial price is 2.57 a bushel, then waite a year to see if any more arrives...
I just phoned swp in balgonie for their prices
306-771-5200 then press 1 for prices
feed barley price for july is 3.43 a bushel
You would be paid all your money immediately upon delivery.
Doesn't that just warm your heart all over to know the cwb did such a good job with their monopoly?
There are tribbles in the quadrotrikielli and deep space station K-7 what are we to do?
The vote on abolishing the wheat monopoly was called "the general election". It was a Tory platform plank.