Big jump in futures today. Fixed price 13.5% delivered south central Alberta $7.01CD. Cash price delivered Billings area 13% $8.84US. Same old crap.
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Willy old boy, do you actualy beleive this is a one time deal? This has been the same deal for at least three years, day after day year after year. Do you still believe in Santa too? wow.
Yep, the good old borg is givin us a premium - it's called a token hand out at Christmas, Easter and the summer solist. Look back in history, I am not far off. The cwb payments are made to make people feel good not make money.
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Will you gave the answer I expected. I don't want to move to the US. I just want to be able to sell my own wheat, but in the mean time I want the CWB to tell me why the "price adjustment" is not transparent and why the CWB can't sell my wheat for the same amount as a little grain company in Montana.
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My futures position is $30/tonne higher than current price. Talked to the board yesterday and I can do a $0 buyout. Swell. Oh ya but still have a $2.50/t admin fee. Live and learn, should have used my futures account, but didn't want to take the liability for the margin money.
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