Will note the fixed price contract for 1CWRS 13.5
yesterday paid $303.38/tonne port ) paid out at
delivery versus a 100 % EPO for the same grain of
$302.25/tonne port with an opportunity to enjoy
higher payments above $358/tonne port. A 90 %
epo for 1CWRS 13.5 puts $288.45 minus CWB
deductions. The flexpro pays out $299.13.
Have stayed out of other threads but will note that
questions about the CWB produced pricing
products and how the CWB manages risk needs to
be noted with emphasis on cost/effectiveness. I
note the CWB own spring 2008 survey highlights
that farmers want choice of risk management
products (a fancy way of saying open market) that
reflect market condition/real traded prices.
yesterday paid $303.38/tonne port ) paid out at
delivery versus a 100 % EPO for the same grain of
$302.25/tonne port with an opportunity to enjoy
higher payments above $358/tonne port. A 90 %
epo for 1CWRS 13.5 puts $288.45 minus CWB
deductions. The flexpro pays out $299.13.
Have stayed out of other threads but will note that
questions about the CWB produced pricing
products and how the CWB manages risk needs to
be noted with emphasis on cost/effectiveness. I
note the CWB own spring 2008 survey highlights
that farmers want choice of risk management
products (a fancy way of saying open market) that
reflect market condition/real traded prices.
Comment