Why Go To Spain to Run With the Bulls

[rain]

Get a hold of Larry @ 403-934-3940 or e-mail him at grain1@telus.net that where I found out about the basis.

[Incognito]

SK Crushers widened out again this morning. July is now 11 under. We started Monday at 5 under.

[charliep]

With regards to the Alberta crop insurance price for canola, the level is $310/tonne. Lower than the current new crop price but more reflective of the forecasting groups expectations for this fall if canola acres increase 10 to 20 % and weather is cooperative this summer.

[rain]

Charlie is that $310 farm gate?

[rain]

Charlie is that $310 farm gate?

[charliep]

Yes to the extend it is the price used to calculate payouts in the case of an insurance claim. Crop insurance price times yield loss up to either a farmers individual coverage level or CI area average times coverage chosen (60 %, 70 % or 80%.