The hits keep on comin'

[Zaphod]

The CWB just announced Series B contract acceptance. How does 40% for CWRS, CPSR and CWSWS sound? Maybe they should have just closed the pool (again).

[Fransisco]

Maybe they're thinking the less grain they sell the less they'll blow on the futures markets.

[TOM4CWB]

Fransisco,

The CWB is trying to get us to plant less wheat... in 2009...so the CWB can credit the 'single desk' for saving us from ourselves!

[charliep]

Just to help me, an 80 % acceptance on the "A" and 40 % on the "B" brings to the volume available to deliver of potentially 88 % of the crop. Based on 1,000 tonnes, the "A" series would give you 800 tonnes and the "B" series - 80 tonnes (40 % of 200).

Will note there was no announced contract acceptance on durum.