Let's be clear: even though the Canadian Wheat Board is a central desk marketing agency with monopoly powers, it's only within Canada. They do not have a monopoly on the price of wheat in the world. The price of wheat in the world is set by a competitive bidding process in Minneapolis, Kansas City, and Chicago. So whatever prices they quote will be based on a world competitive market. If we're looking at the Canadian Wheat Board to protect the smaller farmer, they don't have the ability to do that because they are price takers, not price setters.
