2008 crop CWB Wheat and Barley poll

[charliep]

Not to this level of detail. My understanding is there are futures positions for all unsold grain in the pool against the volume of producer pricing options contracted (i.e. fixed price and basis contracts). These positions are unwound as the percent of the pools that is priced grows. No discussion as to how the CWB handles basis risk of the producer pricing options adjustment factor relative to the market.