Charliep, Ontario wheat

[TOM4CWB]

Dalec and Charlie,

I was Just looking at OWPMB prices on http://www.ontariowheatboard.com/Basis.html.

It says there today that Soft white cash price is $188/t through the OWPMB, and $180/t minimum price...

Why are these numbers so much different from what you folks have been talking about?

[dalek]

Good question. It's been changing day to day lately so fast, I don't know what the answer is. There's a good story in Better Farming this week about the wheat board, changes, and challenges it's facing, but it isn't online yet at www.betterfarming.com
Final yield was 70-71 bu/acre.

[TOM4CWB]

Dalek,

Glad to see someone has a decent yeild this year... and a reasonable price!!!

All the best!

If you figure out what is going on, we would appreciate info on the scoop!!!

[TOM4CWB]

Dalek,

I was wondering if the cash prices you are quoteing are actually OWPMB cash prices, through the elevators, or if you are actually signed up to do the exemption that exempts you and the elevator from dealing with OWPMB with the wheat you just harvested.

My understanding is that you yourself would have had to sign into the exemption, many months ago, if you are selling now outside the OWPMB.

It would be interesting to know if the wheat market arbitages between the OWPMB cash prices and the wheat sales that are made through the exemption process.

Could you maybe check about this and report back to us?