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Strategies & Market Trends : Fascist Oligarchs Attack Cute Cuddly Canadians

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To: Snowshoe who wrote (820)11/27/2002 9:27:31 PM
From: E. Charters  Read Replies (1) of 1293
 
The North Dakota Wheat Commission filed the complaint against Canadian wheat in September, seeking duties to redress what it describes as the Canadian Wheat Board's monopolistic control of Canada's wheat supply and alleged unfairly low export prices.

Ha'! Ha! Ha! What's new? Like as it the US did not control their wheat prices by cartel too! Market price on sugar, wheat, milk, eggs and lots of other commodities is a myth in Canada AND the US. Ask any farmer. ALL farming is subsidized, quotized and controlled and yes Virginia it is to hold price DOWN, not up. So lots of wheat can be sold to commies at low prices! We know wheat is a political tool and underpriced. (Normally highly subsidized products have their prices rise. This is the economic conundrum here. But in keeping wheat farmers in business what happens is that there is constant overproduction for normal trade, and the surplus is sold at cheap prices to China and Russia during droughts and crop failures in those countries.

The U.S. producers cite near-record imports from Canada in the latest marketing year, 2001-02, of 19 million bushels of durum wheat, a high-quality grade used in pasta, and 53 million bushels of hard red spring, which is used in breads.

Canadian authorities have argued that the Winnipeg-based Wheat Board has been investigated nine times in the past decade ...

My bet is that within 3 years, free trade is history. And with it so will be lost jobs, hopefully.

EC<:-}
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