WBGA Meeting in Yorkton

[sumdumguy]

I am glad that Burbert has an avenue to market his product where he feels afe and secure. Some guys like the CWB contract...and some don't. I want him to have the same freedom as I will enjoy
soon.

[parsley]

John DePape began his portion of Risk Management at the Yorkton meeting by commenting on the Federal Grain Monitor's calculations of costs from the farm to export position. These costs are called netback.

$71.00/tonne durum
$58.00/tonne HRS
$40.97/tonne Canola
$60/tonne two-row barley

Take particular note of the low cost of canola.

Parsley

[parsley]

Al Morris was also extremely knowledgeable and he and DePape flowed with information, first one, and then the other throughout the entire afternoon.

Some of Morris' tidbits:

10M tonnes barley in 2006 Best Quality!
65% of barley varieties is malting
20-30% of harvest is malt quality
20-30% of malt is exported to USA
Canada 40% of world production from 2001-2006
Shortage of malt right now.
Concern from brewaries.
Australia has had a 6 year drought (it's raining now!)

Parsley