ND closing in pit prices Friday!

[SASKFARMER3]

Cash Prices
Location 2/29/08 3/31/08 4/30/08 5/31/08 NC SP WHT
Minot 13.50 13.50 13.60 13.60 9.46
Bowbells 13.55 13.55 13.65 13.65 9.51
Mohall 13.50 13.50 13.60 13.60 9.46
Ryder 13.50 13.50 13.60 13.60 9.46
Niobe 13.47 13.47 13.57 13.57 9.43
Norma 13.50 13.50 13.60 13.60 9.46
Lignite 13.47 13.47 13.57 13.57 9.43
Velva 13.50 13.50 13.60 13.60 9.46
Durum
Cash Prices
Location MQ #1 HAD #2 HAD #3 HAD #4 HAD #5 HAD #1 FEED MQ NC
Minot 21.50 20.75 20.25 20.00 17.50 0.00 0.00 13.75
Bowbells 21.50 20.75 20.25 20.00 17.50 0.00 0.00 13.75
Mohall 21.50 20.75 20.25 20.00 17.50 0.00 0.00 13.75
Ryder 21.50 20.75 20.25 20.00 17.50 0.00 0.00 13.75
Niobe 21.40 20.65 20.15 19.90 17.40 0.00 0.00 13.65
Norma 21.50 20.75 20.25 20.00 17.50 0.00 0.00 13.75
Lignite 21.40 20.65 20.15 19.90 17.40 0.00 0.00 13.65
Velva 21.50 20.75 20.25 20.00 17.50 0.00 0.00 13.75
DPC CWB #1 14.1 = $11.99 just couldn't give us 12.00. Oh well their still short and I need another cool one.

[furrowtickler]

But come on we have to be happy with $8/bus wheat it is the highest the borg ever paid out, how can us spoiled brats ever complain about record high cwb prices even though they are 30% under the world price. Our cwb premiums at their best! And do not give me the average price b/s, it is still not even close yet.

[TOM4CWB]

Furrowtickler,

PNW DNS 15px is well over $18/bu.

The basis is $4.95/bu over the May 08 MGE futures.

And the CWB paid us negative $.35/bu... for a difference of $5.30/bu ripped off ...

And the CWB is going for a negative $.60/bu on the basis?

The increase in the PRO that the CWB has counted... is avaliable just from ripped off PPO basis profits.