I see the CWB will be providing information on percent of the pool sold on the PRO release days. The sales may not be actual sales but rather a combination of actual sales and their futures hedging position based on their B of D approved sales pace.
I guess usefull information that hasn't been available before but I have to ask why? Perhaps the best solution is to simply post a price based on the market and let farmers make their decisions about sales pace/hedging activities. Seems to be another way to make things more complicated when what is needed is simplicity.
Your thoughts?
I guess usefull information that hasn't been available before but I have to ask why? Perhaps the best solution is to simply post a price based on the market and let farmers make their decisions about sales pace/hedging activities. Seems to be another way to make things more complicated when what is needed is simplicity.
Your thoughts?