I wish to commend you for printing two letters, Buying farmland by Delwyn Jansen and Investment pools by Brent Johnson. Much truth there.
The only question I have is whether Farm Credit (Canada) is providing capital for some of these investments. If so, I don’t think FCC was created to provide this type of capital.
My main reason for writing this letter is to suggest a solution to the Canadian Wheat Board problem, which should satisfy both sides.
Let the CWB operate the same as any other grain company, handling all grains, oilseed crops and pulses, using its own facilities and competing directly on even ground with the other grain companies. Many farmers would be willing to buy shares if the CWB was operated as a farmer’s co-operative grain company.
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Worrisome drop in grain prices
Prices had been softening for most of the previous month, but heading into the Labour Day long weekend, the price drops were startling.
We need increased handling facilities of about 40 percent. Our present rationalized system is too small and unable to move the farmers’ increased production for the last 10 years. With another 20 percent increase in production expected during the next 20 years, our present capacity is hopeless. We have never been able to deliver our complete allotment by July 31 for the last five years.
Let the farmers vote with their trucks instead of their air drills.
Robert Leinweber,Linden, Alta.