you and me both. as well it is my csaual observation that Alberta barley acres are understated. Farmers planted barley this year on their later seeded areas. Between increased yield and extra acres planted I estimate Alberta's barley yield is under estimated by 500,000 mt. Like I said this is a casual obseervation.
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That in there lies the problem. if someone offers 175 on the dec 10 i would buy it. 170 on the oct. that number is delivered my yard if i stand for delivery. deduct your freight off to calgary to determine your price. I have until the end of the crop year, july31, 2011 to call for it, but while you hold it for me i pay you 12 cents per mt a day or 3.6 buck a mt per month. what does the board pay for storage?
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There is a short crop of barley coming off this Fall. CWB is in the bidding, export program promises to be good, from the looks of it. Open market had better wake up and smell the roses, or they will get nothing this year! In other words let the bulls out to run this year. Oh yeah by the way, you's kin always get cheap corn and distillers grain from the USA, to make good rations. with hay and straw, you could feed the nags. ER sell then rather than buy barley........
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Could be right Burbert, but I have been doing this along time and something don't add up. With a late harvest a looming fact I will be able to pick and choose. Alberta is flush with feed grain very soon.
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IAMTHEMOLE
An interesting stocks report and you are right, more feedgrains on July 31 reflecting low domestic feed consumption in 2009/10 (i.e. low livestock numbers).
No problem feeding lentils although molds could present a problem for pigs and poultry. Need to know your product and specific quality issues.
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