Good to hear Alberta Wheat is working on that.
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Good idea, won't work.
DTN does this and basically Cargil only.
Your asking the grain companies, to disclose an important component that adds to their basis, profit, calculations. The market just isn't competitive enough at this time. The timing is WRONG, only chance for grain company participation is during a major drought or a short crop, when they need there wheels to turn or they are short on a position. Also cross boarder pricing, with rail or trucking alternatives, more foreign assets inCanada, with collection terminals in the prairies and at port. Then there is the grading, Apple to Apple comparisions, canola is easy, lentils # 2 or better, etc
Larry has it figured out.
Disclosing pricing, basis etc is nice but...without competition expect a lot more meetings on the golf course.
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