Agriculture committee  The malt barley case is easily explained: we grow some of the best malting barley in the world, and the plants have come to the product. That's fairly evident from where they're located. We have lost a few plants to the U.S. in recent times—the last few malt plants have been buil

Agriculture committee  Yes.

Agriculture committee  Yes. When I was on the Wheat Board advisory committee for four years, I built a model to try to model pooling. Ken Beswick, who later became a commissioner, helped me. We built a model to model pooling because we couldn't understand how some of the numbers were coming out the ot

Agriculture committee  Value is better on the open market.

Agriculture committee  The least well understood part of this is pooling, and it is not grade pooling. In other words, we don't take all the No. 1 Canada western red spring 13.5, put it in a bank account, average it out, and divide it by tonnes at the end of the day. What they do is an average of sprea

Agriculture committee  No, I did not, excuse me, just to clarify.

Agriculture committee  I have the Canadian Wheat Board fixed price contract in place. The initial price and the current futures for December, March, May, and July backed off in the same cost structure as the fixed price, and the fixed price, of course, is pretty well at the PRO, if you'd care to look.

Agriculture committee  Thank you very much, Mr. Chairman. Pike Management Group is a company operated out of Calgary, Alberta. We work with about 2.5 million acres in western Canada. We represent a lot of grain farms, ranging in size from 5,000 to 70,000 acres, and cow-calf operations of 250 to 3,600