And we Need regulated Port Access so all players can use them not just a couple like Viterra
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The re-balancing of acres is exciting, but the markets and prices will dictate how or when to sell.
Viterra has been putting specials in different points to move the grain at times to those points. Its called logistics. Fill an elevator with durum for late August delivery and have the train there at the same time and then move on to the other special.
There should be pricing within the next month and that may be why some companies are waiting, for later delivery. They may be looking at taking the march/april delivery, offering a premium to hold, and then going after special crop for the fall.
It all needs to be watched regularly. It should soon all wash out once the photo op contracts are done being signed.
Not all the players, including the new cwb, are bidding for grain yet so there is no sense in getting in a panic to sign.
Vitterra might be getting some business done but remember a horse that shits fast doesn't shit for long.
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