I was reading my Weber daily email today, CKOM
and CBC both have articles as to how there is a
very big crop in Saskatchewan.
Here is a quote from the cbc.
"The over abundance of grain comes at a cost. A
grain glut means prices are trending down.
Last year, a bushel of wheat sold for about $9.
This year, the price has fallen to $5.75. Most
crops are travelling the same downward path.
When industry begins to use the term "glut" that is
an automatic further 10% decrease in price. So,
be aware!
and CBC both have articles as to how there is a
very big crop in Saskatchewan.
Here is a quote from the cbc.
"The over abundance of grain comes at a cost. A
grain glut means prices are trending down.
Last year, a bushel of wheat sold for about $9.
This year, the price has fallen to $5.75. Most
crops are travelling the same downward path.
When industry begins to use the term "glut" that is
an automatic further 10% decrease in price. So,
be aware!