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May 14th, 2009Committee meeting

Ian White

Agriculture committee  No, I didn't say that.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  Okay. I understand what you're saying. Yes.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  No, because there are risks associated with operating all of these programs, and it is always difficult to determine. It's one of those things that I believe will be the case, but I can't state categorically that it is, because it's a future event.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  It is true that in this year the board of the CWB took the step of taking some revenues that were not directly related to sales and putting those in part to replenishing the contingency fund.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  That's my answer: in the next couple of years.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  Could I answer the question, please, about the $226 million?

May 14th, 2009Committee meeting

Ian White

Agriculture committee  Generally, the arrangement is that you are selling against large competitors that have origins other than Canada. They are generally large trading companies, and growers from those countries are not selling to those markets. That is accumulated by large trading houses in, say, Australia at the moment and sold into those markets.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  We draw from the large pool of grain, and we try to understand all the qualities that are evident there, even within classes. We make sure that we service customers with the quality we get. Mind you, that's another area that we should be able to get a premium associated with.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  The judgment, from the Wheat Board's perspective, is that the organic market is an extremely small market. There are very significant premiums to be gained by organic producers, which are quite variable, and the Wheat Board itself actually markets a very small quantity of organic grain.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  As the current text at the WTO reads, there will certainly be a phasing out of what they call the state trading enterprises, the STEs. I know this hasn't been an agreed text, but as the text that's being currently put forward reads, there would be a phasing out of STEs. The largest company affected would be the Canadian Wheat Board.

May 14th, 2009Committee meeting

Ian White

Agriculture committee  We have made that review available to government—

May 14th, 2009Committee meeting

Ian White

Agriculture committee  I think we can deliver you substantial parts of that report. It is a report—

May 14th, 2009Committee meeting

Ian White

Agriculture committee  Well, it's a report that is substantially about very commercially sensitive areas. The only concern we have is associated with—

May 14th, 2009Committee meeting

Ian White

Agriculture committee  Could I correct you on that?

May 14th, 2009Committee meeting

Ian White