Monthly Archives: October 2008

Average US Elevator Prices vs Pool returns

 Vampire 2007-2008 Crop Year

 Crop Year 2007-08   #1 CWRS 13.5 / HRS wheat index

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Spot Price Check- Friday October 31

 Trick O’Treater Hard Red Spring Wheat      

  Bottineau, North Dakota         $7.55  per bushel CAD

  CWB Fixed Price/Manitoba     $5.98 per bushel CAD

      Difference                      - $1.57  per bushel CAD

 

Winter Wheat   

      Bottineau, North Dakota       $6.94  per bushel CAD

      CWB Fixed Price/Manitoba    $5.12  per bushel CAD

             Difference                   -$1.82   per bushel CAD

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Letter to the editor- Kevin Archibald

Rolf Penner- This is unacceptable. And Unfortunately Harry is not the first reporter who has been banned from Board news conferences for asking tough but fair questions. I have recently been made aware of others.   

No censorship in democracy

‘Freedom’ is a word that is used a lot regarding Canadian Wheat Board discussions. Usually, it is in the context of marketing choice for farmers./ But it now appears there is an even more fundamental freedom at stake: freedom of the press. Continue reading

Counter Argument- U.S. elevators

“Some observers have pointed out that US elevator bids are not a useful comparison because the wheat, durum and barley markets in the US are limited to domestic consumption only. This statement ignore the fact that the US has exported an average of 58% of its spring wheat production and 44% of its durum production, indicating that elevator bids in the US are not simply based on domestic use, but also reflect export markets.”

Source: Informa

 Pumpkin 

2000 Page Views!

Rolf Penner- As of tonight the stat counter on this website registered it’s 2000 th page view. Not to shabby considering it only went online October 15. A big thank-you to everyone who has come by to take a look so far.

Keep coming back I’ve got plenty of more good stuff to show you every single day.

                                                    Clapping Hands 

Toews breaks another rule

Rolf Penner- Another day goes by and we find out that Bill Toews has broken another rule.  He has illegally put his signs on provincial roadways.

 The pattern continues Mr. Toews seems to think that he is somehow above the election rules and provincial laws. I’m willing to bet that he will not comply with this directive, that he will not take responsibility for his actions and that Manitoba taxpayers are going to have to pick up the tab for Toews illegal activities. 

 Below is the email that all candidates got today.

 Gentlemen Continue reading

Good Cartoon

Rolf Penner- I got this in the mail today from fellow candidate Barry Reimer who said it’s okay if I post it. It makes a good point about the CWB’s competitiveness. And that is one of the things that I’m going to be working on if elected, improving the CWB’ s performance.

Liberty 101-Where your property rights come from

Thoughts on today’s debate

Rolf Penner- Well it really wasn’t so much of a debate as it was 5 guys answering a few questions. I tried to get a bit of a back and forth going with Bill Toews, but he didn’t like it and didn’t seem to want an actual exchange.  Which is too bad, I think farmers would have really liked to hear us actually debate our ideas in a more open manner.

 I was really impressed with Barry Reimer and Curtis Sims. I will not be one bit sorry if either of them get elected, I think they’re both solid guys with good heads on their shoulders who’ll do a good job of representing farmers interests around the board table. They are of the same belief as me, the board needs to be voluntary but it definitely should remain an option for farmers who want to use it. Continue reading

Weighted Average Prices

Rolf Penner- CWB Monopolists don’t like spot price comparisons, because they can’t beat them. They don’t like simple average price comparisons because they can’t beat those either. So they sometimes like to use the USDA weighted average prices to compare with because sometimes they can beat those (see chart below). But there are some big problems with using this USDA measurement for comparisons. Continue reading

How much market share do you need to get a monopoly? -Barley-

Live Radio Debate Today- Golden West Radio 1-2pm

Rolf Penner- I hope I don’t get as rough a ride as Batman does here!

                                                      

How much market share do you need to get a monopoly? -Wheat-

  

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“Cash Plus”, another CWB marketing innovation

Rolf Penner- If you click on the following link you will see a flow chart explaining how the new CWB ‘cash plus’ program for malting barley really works. It reminds me a little of what Winston Churchill said when he looked at the troubles in Ireland, ” If you are not thoroughly confused by it all, then you really don’t understand the problem.” It also makes me wonder about the wheat boards favourite saying, the one about how it is run by farmers, I don’t know of any farmer who could come up with something as convoluted as this to try and sell their crop. A small army of government beaureaucrats that I can believe, farmers, no way.                 cash-plus-flow-chart.pdf

Worst Basis Ever- February,2008

 

 

 

 

 

 

 

 

 

 

  Rolf Penner- What do you think it would have been if the Board had to compete for your grain?