should toss up the CWB historical charts to put
some reality to the comments. The $450/tonne
plus 1CWRS 13.5 (like $15/bu canola) was only
available for a short time in March.
http://www.cwb.ca/public/en/farmers/producer/hi
storical/pdf/2008-09/0809fpcbpccharts.pdf
Will note that current wide differential the PRO and
the fpc contract. Tells me the PRO is way over
valued in the current market and likely has another
$20/tonne drop in a couple of weeks. Why they
didn't put out a new one with the barley mid
month PRO is beyond me.
some reality to the comments. The $450/tonne
plus 1CWRS 13.5 (like $15/bu canola) was only
available for a short time in March.
http://www.cwb.ca/public/en/farmers/producer/hi
storical/pdf/2008-09/0809fpcbpccharts.pdf
Will note that current wide differential the PRO and
the fpc contract. Tells me the PRO is way over
valued in the current market and likely has another
$20/tonne drop in a couple of weeks. Why they
didn't put out a new one with the barley mid
month PRO is beyond me.
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