nice up day

[bucket]

That's the reason for weekly transparent reporting. It helps pay attention. In Canada there is **** all for a consistent report to compare to.

[mbdog]

You're frustrated!?!?!?
I view the basis improving on wheat as a positive fundamental. What is my grainco going to tell me that I don't already know?

[charliep]

This winter will be all about movement. The conversation would be about what's moving and when.

It will also be about blending. It will be about turning 3 into 2's and Canada into some form of 3. Will be hard to do in a lower quality year but everyone will try.

It will also be about meeting the needs of high quality markets like Japan. Not sure how the companies who are doing this business will lock in supplies/give the customer confidence they can meet delivery commitments.

[mbdog]

Charlie...for what its worth I sympathize with you and what you're trying to do. Basis volatility/ dimensions making it hard for me to use futures/options effectively is all. I do believe the current/evolving "market" system is the best system....if we're going way off topic.

[charliep]

It has been a steep learning curve. In the stuff I/ARD tried to highlight the challenges over the past 3 year. The first year of open market (2012/13) was not a typical year. Neither was 2013/14 nor will the curent crop year.

Even in the US with better reporting and other factors, wheat (particularly spring wheat) is harder crop to market starting with basis variability. That is with many years experience in an open market.