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February Old Crop CWB Pool Return Outlook

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    #1

    February Old Crop CWB Pool Return Outlook

    2005/06 CWB PRO was released today. Wheat excluding durum up $2 to $3/tonne. Durum down $4/tonne. Feed grains (feed wheat, barley and 5 CWAD unchanged. Designated barley down a buck.
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    #2
    They really went out on a limb with a $3 wheat increase. Sure glad I had some basis contracts left. Interesting to see what they do with basis for new crop. My guess is CPS negative ten and CWRS positive twenty. Any other predictions?

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