Tom4cwb
Question 1 - Timing of sales of different classes/qualities impacts overall returns - it does impact overall CWB pool returns. Spreads are based on average relationships between different classes over the crop year - supposed to remove timing of sales as an influence. This area is very complicated and likely something farm managers should know about. A good discussion for this winter.
Question 2 - Will leave alone except to comment that buyers have particular needs/quality characturistics. Depending on what is in the contract, there could be liability issues. Should farmers/grain companies who deliver unliscenced varieties be accountantable for this?
Question 3 - protein premuims are narrower. How this scenario plays out during the winter will be interesting.
General - I don't have an intimate look at the CWB sales plan/what is on the books/priced. These are questions for the CWB.
Question 1 - Timing of sales of different classes/qualities impacts overall returns - it does impact overall CWB pool returns. Spreads are based on average relationships between different classes over the crop year - supposed to remove timing of sales as an influence. This area is very complicated and likely something farm managers should know about. A good discussion for this winter.
Question 2 - Will leave alone except to comment that buyers have particular needs/quality characturistics. Depending on what is in the contract, there could be liability issues. Should farmers/grain companies who deliver unliscenced varieties be accountantable for this?
Question 3 - protein premuims are narrower. How this scenario plays out during the winter will be interesting.
General - I don't have an intimate look at the CWB sales plan/what is on the books/priced. These are questions for the CWB.
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