What factors will you be following this week? Strategies?
1) First 2008/09 PRO. CWB will be releasing today at Grain World. Basis price contracts?
2) Court day for the barley challenge.
3) Amendments to the CWB act to pull barley out. Federal election.
4) Not second guessing 2 and 3 but if changes do not occur quickly to barley, more companies will offer CashPlus. Will be interesting to see how supply chain issues are resolved under the current proposal. Having said all the above, farmers will need to be prepared to make decisions about a $6/bu malt barley price (plus/minus) with a potential dividend/final of 50 cents/bu.
1) First 2008/09 PRO. CWB will be releasing today at Grain World. Basis price contracts?
2) Court day for the barley challenge.
3) Amendments to the CWB act to pull barley out. Federal election.
4) Not second guessing 2 and 3 but if changes do not occur quickly to barley, more companies will offer CashPlus. Will be interesting to see how supply chain issues are resolved under the current proposal. Having said all the above, farmers will need to be prepared to make decisions about a $6/bu malt barley price (plus/minus) with a potential dividend/final of 50 cents/bu.
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