feed wheat is $4.25/bu in lloyd, has been for a long time, there and at other points in sk. we just sold some for $4.75/bu picked up in the yard in southern mb, sold $5/bu non-board in feb.
i don't think wheat and corn work at even money to make ethanol, nor feed, but the point is any farmer willingly delivering wheat to the cwb, that they are paying less than the equivalent of $4.25/bu delivered lloyd for, has been making a marketing error.
suppose they might also enjoy the cwb so much they're happy to accept a discount. or else they had way too much faith in upside potential of the 06/07 pro. oh yeah, and they would have to like taking an extra hit on the dockage, and paying to finance the crop until the pool closes next winter.
i don't think wheat and corn work at even money to make ethanol, nor feed, but the point is any farmer willingly delivering wheat to the cwb, that they are paying less than the equivalent of $4.25/bu delivered lloyd for, has been making a marketing error.
suppose they might also enjoy the cwb so much they're happy to accept a discount. or else they had way too much faith in upside potential of the 06/07 pro. oh yeah, and they would have to like taking an extra hit on the dockage, and paying to finance the crop until the pool closes next winter.
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