PPO's

[charliep]

dfarms11

To put in a plug for the CWB (not always nasty), you might want to talk to one of the CWB farm business representatives about some training opportunities they are likely to have over the winter. They have developed a piece of software that demonstrates how the different producer payment options work and can be applied to an individual farm business situation.

[timm]

The flexpro might look pretty good next spring in a rising market...a one day futures move could be as much as the entire basis...then get the blackberry curve out and push the button

[Hopperbin]

Might is a big word. Flex Pro SWSW wheat is in my location 3.8 dollars per bushel net to producer is not an incentive to price when 1.2 dollars under local feed mill. Timm are you locked in flex pro?

[mbratrud]

Basis is a little on the weak side, but downside risk on the Pro is huge.

Unfortunatly the Fixed Price Looked much better earlier on, and starting in March would have been a good strategy. Locking in now on just before the deadline and after the CWB has widely discounted the EPO's and FPC contracts. I would lean towards the pool worst case Senerio you end up close to the same anyway but at least there may be some upside potential.

Prevoius comments have mentioned using a Basis only. That may work our for you. You can roll this just like Canola and hold your position forever if you want, as some point you may have to manage through your own futures account. For a new user of the program though I would keep you tonnage modest, until you feel comfortable with the mechanics.

We just did a little Fixed Price on Durum, price is significantly lower than pool, but to spread the risk a little we did 20%.

Just one mans opinion.

[timm]

Yes I did some flexpro.already priced at 8 $net on some