yesterday at the end of the day I checked my DPC for our area it works out after freight to $7.66 a Bushel which in itself is a great price but here is the thing that P-ss-s me off. Bowbells posted price for last night.
SPRING WHEAT
Delivery Date Basis Month Basis Cash Price Futures Price
Nov 30, 2007 MW8H -0.31 8.60 8914
Dec 31, 2007 MW8H -0.31 8.60 8914
Jan 31, 2008 MW8H -0.27 8.64 8914
Feb 29, 2008 MW8H -0.22 8.69 8914
Mar 31, 2008 MW8H -0.17 8.74 8914
May 31, 2008 MW8K -0.23 8.47 8704
NC SP WHT MW8U -0.78 6.80 7580
Now is it Just me or can some CWB supporter please explain why their over a Dollar a bushel difference between a US elevator (what the DPC is based on US elevator prices) and what the CWB is giving.
They just wont let farmers get that $8.00 a bushel will they.
Also why is it that three days after the CWB PRO comes out that all is bad in Grain prices and the Canadian dollar etc. the Australian wheat board comes out with increases of 12 to 40 on their PRO.
What the H E Double Hockey Sticks is going on with this USELESS ORGANIAZATION!!
SPRING WHEAT
Delivery Date Basis Month Basis Cash Price Futures Price
Nov 30, 2007 MW8H -0.31 8.60 8914
Dec 31, 2007 MW8H -0.31 8.60 8914
Jan 31, 2008 MW8H -0.27 8.64 8914
Feb 29, 2008 MW8H -0.22 8.69 8914
Mar 31, 2008 MW8H -0.17 8.74 8914
May 31, 2008 MW8K -0.23 8.47 8704
NC SP WHT MW8U -0.78 6.80 7580
Now is it Just me or can some CWB supporter please explain why their over a Dollar a bushel difference between a US elevator (what the DPC is based on US elevator prices) and what the CWB is giving.
They just wont let farmers get that $8.00 a bushel will they.
Also why is it that three days after the CWB PRO comes out that all is bad in Grain prices and the Canadian dollar etc. the Australian wheat board comes out with increases of 12 to 40 on their PRO.
What the H E Double Hockey Sticks is going on with this USELESS ORGANIAZATION!!
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