MB yields right now are reflecting a demand for high quality wheat to Mills in the US and Montreal. Off grade poorer quality is all being sent west to Vancouver where the graincos have more flexibility with what they can send and where they can send it.
Viterra is going hard into the US while others like Cargill are switching into doing more canola and soybeans and their bids reflect that.
Viterra has also been doing deals for high volume where they give a net price and whatever the grain comes in they get that net price no premiums or discounts what so ever. Heard that from eastern and western MB now.
CHS is also now doing on farm pickup for CNHR wheat where they are trucking it south to mills. Bids arn't as good due to the lower margins of truck movement though but good to see more competition popping up.
JRI, G3, and Paterson are doing all the same roughly with increased dockage based on fuz or vomi but buying it all as a #2.
Viterra is going hard into the US while others like Cargill are switching into doing more canola and soybeans and their bids reflect that.
Viterra has also been doing deals for high volume where they give a net price and whatever the grain comes in they get that net price no premiums or discounts what so ever. Heard that from eastern and western MB now.
CHS is also now doing on farm pickup for CNHR wheat where they are trucking it south to mills. Bids arn't as good due to the lower margins of truck movement though but good to see more competition popping up.
JRI, G3, and Paterson are doing all the same roughly with increased dockage based on fuz or vomi but buying it all as a #2.
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