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Category Archives: Charts
“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?
Posted in Charts, Price Comparisons
Pool returns vs CWB average prices CWRS- Where’s the premium?
Rolf Penner- Using 100% CWB data the following chart shows us the difference between final pool returns and the simple average of the CWB’s own posted asking prices for the crop year, calculated over the entire tonnage sold for that particular year.
This is how much more money Western Canadian farmers would have gotten for their hard red spring wheat if the Wheat Board would have just gotten average prices. Not above average, just plain old average. Last year it was $1.3 billion, and what’s most disturbing is the trend, every year it seems to be getting worse.
Sources: Pool returns and asking prices (page 15 of weekly grain statistics)
Funny how the asking prices aren’t on the CWB’s own website and are buried deep in the Canadian Grain Commissions website.
It really shouldn’t matter if you support the monopoly or not this kind of performance should be unacceptable to everyone.
Posted in Charts, Price Comparisons
8 Year average Malt Price comparison shows CWB $36/tonne worse than open market
Rolf Penner- John De Pape of Integrated Malt Barley Management has a very interesting price comparison chart here that he has been showing at some of the recent talks he has been giving. Continue reading
Posted in Charts, Price Comparisons
CFIB survey Says!
Posted in Charts
Comparing prices at port, Vancouver vs Portland, ’04-’05
$10.82 USD is how much better the average open market price was than the final Pool return. Click on chart to enlarge.
Posted in Charts, Price Comparisons
Comparing prices at port, Vancouver vs Portland, ’05-’06
Here we see the final Pool return coming in $16.99 USD lower than the average open market. Click chart to enlarge it.
Posted in Charts, Price Comparisons
Comparing prices at port, Vancouver vs Portland ’06-’07
click on chart to enlarge
The final Pool return comes up short $11.75 USD per bushel.
Posted in Charts, Price Comparisons
