sda2.jpg

December 18, 2007

Canadian Wheat Board Premium Pricing

Decwheat.jpg

Courtesy Weber Commodities.

Previous

Update - here's another...

wheatgraph.jpg

Posted by Kate at December 18, 2007 10:41 AM
Comments

You would have to be a idiot to want to remain in the cwb with that kind of price difference.

Posted by: Ralph in the east at December 18, 2007 11:12 AM

Ummm, for those of us who have dwelled in the concrete jungles all our lives, can we have a Coles Notes for the chart?

At a glance it looks like much better prices outside the Wheat Board........???

Posted by: Jim at December 18, 2007 11:13 AM

I see the CWB has been doing it's job!! Once again, they've kept the price of wheat down at a level "where they can whoop them westerners back into shape." But listen people, don't you realize what your old CCF granny taught you?? Having less is better. It prevents greed!! Whatsamattawitchya??
One slight problem, Having less don't pay the fuel bills!!

Posted by: Johnny Jesus at December 18, 2007 11:18 AM

Wow. Does anything else need to be stated or shown? Kill the WB now.

Posted by: mark peters at December 18, 2007 11:18 AM

But if we get rid of the CWB I won't get to hear Wanyne Easter bleat on about how prairie farmers want the CWB and how great the CWB is for prairie farmers. I mean he's in PEI so of course he knows what he's talking about.

I still haven't heard back from him on my enquiry about bringing in a Canadian Potato Board. I'm sure that's just an oversight as I know he's in favour of these single desk marketing boards being forced on farmers.

Posted by: Reid at December 18, 2007 11:43 AM

Perhaps the government will realize that WW2 is long over and we can scrap the CWB. But then again we still have the CBC leeching off us and the 30's are long gone.

Posted by: DDT at December 18, 2007 11:51 AM

OT - Kate, wishing you & yours (and your readers) a very Merry Christmas & Happy New Year.

Posted by: Candace at December 18, 2007 11:52 AM

And we get a lecture in an ag class at the U of S dedicated to how great the CWB is? What a bunch of garbage.

Posted by: benneboy at December 18, 2007 12:29 PM

Apparently, Leo Tolstoy wrote this when asked about the time he worked for the Russian grain marketing commission.

"I sit on a man's back, choking him and making him carry me, and yet assure myself and others that I am very sorry for him and wish to ease his lot by all possible means - except by getting off his back."

I don't see a difference between then, and now.

Posted by: hardboiled at December 18, 2007 12:55 PM

I think it can be argued that now is the perfect time for the CP to abandon the fight against the CWB through the court appeal route which looks doubtful - the Act has to be changed not circumvented - and move to repeal/change the act to allow a free market in western grain.

Now that:

1. The Sask gov't has dropped its opposition,

2. The Dion-led LP cowers in fear of triggering an election (as do the BQ BTW) and will not oppose and maybe would even support the legislation.

3. The prices for grains are at levels not seen in living memory as are the gaps between the free-market price and the CWB.

4. Cdns who know a little about the wheatboard do know about price inequities brought on by the US currency devaluation - a record # of US cars are being bough tbye CDNS - they are thus currently very sympathetic to those experiencing similar price inequities.

5. New legislation will not cost the CP any votes in Que or Ont. and the current market conditions guarantee a much muted response from those vested parties who oppose increased freedom for producers.

Now is the time to push your MPs for action.

Posted by: Gord Tulk at December 18, 2007 1:02 PM

This is why PMSH needs a majority. Then he can start getting rid of some of these commie/socialist constructs that are destroying this country.

Posted by: Justthinkin at December 18, 2007 1:02 PM

Thanks for showing this to our urban customers.

For god's sake please get this wheat board elephant off our chest!!!

The only time in our farm's long history where we have had a chance to capture some higher prices and the mandatory, prairie wheat board is unable to get us even close to what the world is willing to pay for our hard earned products.

Help.

Posted by: Sid at December 18, 2007 1:11 PM

How anyone can defend denying a farmer's right to choose what to do with his own inventory is beyond me.
How can anyone support this and even claim to believe in rights and freedom for the individual?
Especially when those draconian rules do not apply evenly across the country.

Posted by: teddy at December 18, 2007 1:21 PM

ken ritter probably held back a few bucks for the cwb christmas party and the christmas bonuses..(vote buying) and don't forget the tickets to the liberal fundraisers that we all enjoy paying for..it all costs.lol

Posted by: stubby at December 18, 2007 1:36 PM

Every time I mention that DeYawn wants to bring the CWB back to where it was before the government decided to change it, I get negative response from the LIEberals. I mentioned that if they - the LIEberals - placed ALL farmers under the CWB then it would not last a week.

The LIEberals have the CWB to force the Western farmers into submission and those that want to CHOOSE to go another rout are considered radicals. One just has to look at how angry they are when barley is taken out of the picture ...” Western farmers have a choice - in Canada - on the farms - to sell as they please - this must stop - I did not make this up.” The Liberals love the CWB because it is the one thing set up to punish the West for not supporting their dictatorial way of power.

Personally I believe the farmers should have a CHOICE to stay with the CWB - less money - or to choose to sell their own grain as they wish. If the farmer decides to leave the CWB and has a financial loss, then at least it was his/her decision and not the CWB’s. Not to many of us remember operation LIFT [Lower Inventory For Tomorrow”] under the LIEberals in which farmers were paid NOT to grow wheat - this did not go well with many farmers - in fact I know of several farmers who succeeded because the did the opposite of what the LIEberals suggested.

It is very frustrating that the LIEberals love to keep the Western farmers under this communistic rule - perhaps because they love power more than choice for Canadians.

I wonder if the CWB will give its workers a $1,000.00 bonus again this year because of “job stress?” I do not know of one Western farmer who would not mind a gift like that so they could buy something for themselves or pay a few bills. If you want stress, just watch what the Western farmer is under when one sees the prices of wheat of the CWB as compaired to what other “free market” farmers get. If they get that bonus again this year I have only one question - why do the Western farmers under the communistic system not question the board of directors? The only stress the CWB’s under is the lack of membership when the farmers have a choice to leave. This would leave about 1/3 farmers under their thumb, by choice.

Posted by: Clown Party of Canada at December 18, 2007 1:36 PM

OPEN the BOOKS...

Posted by: eastern paul at December 18, 2007 1:59 PM

Presumably the price difference accounts for the "entitlements" of the CWB Chair-borne Regiment!

Posted by: Harry R at December 18, 2007 2:18 PM

Wheat Prices rise....

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aP6EBENKxOLk

Posted by: aj in calgary at December 18, 2007 3:15 PM

"Dat his not fair." says Borat Dion" the western pipples knead da pro tect shun hov de feder haul gobernment to keep the grain prices for the heastern dare he producers such as hin quebec."

Posted by: cal2 at December 18, 2007 3:31 PM

Kate, could you please identify the source of that second graph? Just for the records.

Posted by: Eeyore at December 18, 2007 3:38 PM

I would be the source of the second graph.

Data is from the BOC, USDA ERS and CWB PRO.

Posted by: Larry Weber at December 18, 2007 3:53 PM

I'm going way out a limb here and guessing it would be instructive to plot the compensation and bonuses of executives on the same graph.

Posted by: Shaken at December 18, 2007 4:40 PM

Im sure its a global warming graph with the projections from UN experts in blue and actuals in red.

saskatchewan farmers surely arent being stiffed by their own wheat board.

Posted by: cal2 at December 18, 2007 4:48 PM

Need a graph of farming subsidies vs. motorhome sales to farmers.

Posted by: kada at December 18, 2007 4:53 PM

kada
I take it that from your comment regarding motorhome purchases by farmers that you are p.o.'ed by subsidies to farmers.
If the CWB was gone, and farmers could take advantage of the current world price of grain, would that not help to eliminate subsidy payments you are whining about?
Oh yeah, do your co-workers not get p.o.'ed at you when they have to subsidize your salary as you surf the net at work?
Or is that part of your unionized job description?

Posted by: saskfarmboy at December 18, 2007 5:12 PM

motorhome?

my accountant said it was called a diesal pusher feedtruck and manure spreader.

Posted by: cal2 at December 18, 2007 5:29 PM

Being self emplyed with a home office, my motorhome is my "mobile office". Looking forward to "consulting" when I'm down in Californy this summer. Perhaps I'll push east to Lac La Ronge as well, gotta "consult" with some big Northern Pikes as well!

Posted by: Eskimo at December 18, 2007 8:39 PM

Is it still a subsidy if the government gives me the equivilent of $1 and the CWB takes $4 a bushel back?

To heck with a motor home, I could have paid a lot off a lot of debt with that money.

Posted by: Banchek at December 18, 2007 9:07 PM

open the books
I would love to see where the money went.
Going back to when the board was created.
Didn't the liberals set this up so it couldn't be audited?
follow the money!

Posted by: orvict at December 18, 2007 9:53 PM

I don't know if it is just me or is everyone else getting tired of all the examples of garbage, a.k.a CWB, CBC, Canadian Health care and climate change? I truly feel that Joe and Jane Canuck also believe that the sky is red if that idea is pounded into their heads enough. Pointing out the obvious to people only gets you rude stares. Kind of like preaching to the choir so to speak.

The same questions others and myself have asked are as valid after being shown this example of the CWB "advantage" as the one before it. And yet the masses follow the status quo. Why?

Here's an idea: Saskatchewan (or any prairie) farmer should buy some property in say Ontario, set up a post office box and conduct his farm business from that location. This can easily be done in these days of the internet. Would this "Ontario business" not be able to sell their product without the wheat board? I buy from companies that ship the product from third party loctions all the time.

Posted by: Texas Canuck at December 18, 2007 10:18 PM

kada, may I humbly suggest that before you get all twisted on farm subsidies that you first take the step of doing some research. By some, I mean ANY. I would venture to say that your sad little whine/rant would come to a screeching silent halt if you were to look at farm subsidies in ALL competing jurisdictions. Farmers in the U.S., and especially in the E.U. receive far more each and every year than does any Canadian farmer. Are subsidies right? Probably not, but since the federal government of the time (Liberal, there's a shock) listened to the ruling of the ITC vis-a-vis farm subsidies and cut Canadian farm subsidies to the bone overnight without any thought of the ramifications of dealing worldwide with heavily subsidized competitors, I for one am shocked and amazed that there are ANY farmers left in Canada. CWB or not! But hey, it helped slash that nasty deficit and lower housing prices in the horseshoe so it must have been good policy.

I readily admit to not being as knowledgable about the CWB as I should be, but must admit a certain trepidation when I think of the few that control pricing in the worldwide grain market. Part of me sees this whole open market selling as a "Be careful what you wish for" thing. Having said that, it is most assuredly a good for all solution that must be reached.

Not trying to pick sides, but trying to be better informed and just ending up more confused.

Posted by: Sober2ndThought at December 18, 2007 10:55 PM

Im surprised that Brad Wall hasnt made a statement on this. a 40% haircut is substantial.

Posted by: cal2 at December 18, 2007 11:00 PM

Has anyone ever searchd the Government of Canada registry database w.r.t. the CWB? They have 24 in house lobbyists registered with the Government of Canada.

http://tinyurl.com/3ch6jk

Posted by: Reid at December 18, 2007 11:43 PM

easter that guy makes me sick
why dont he get the CWB in PEI if its so good
CWB ---------- Communist Wheat Board
you do what we say not what we do

Posted by: jr at December 19, 2007 12:45 AM

Are there no workhouses? are there no prisons in Saskatchewan? The Wheat Board isn't maximizing its profits yet, they could squeeze farmers harder than that...

Posted by: philanthropist at December 19, 2007 1:37 AM

From Drudge:

"Wheat price hits record; global demand depletes supply..."

So tell me why western Canadian wheat is price so cheaply? What exactly is the purpose of the CWB again?

Posted by: Eskimo at December 19, 2007 9:29 AM
Site
Meter