CWB October PRO Released today

[Zaphod]

My guess would be down $5 on the wheat, $15 on durum and $20 on malt.

[bucket]

I would say another 20 bucks a tonne to make up for that wonderful sale to saudi arabia. Since western canadian farmers are too stupid to do averages the cwb will figure they can pass this decrease off on currency, higher production of garbage wheat, and other charges like a graintesting lab etc.

Long and short of it is - the cwb has made some below pro sales which can only mean returns go lower.

[mbratrud]

Flat...... I hope

[charliep]

CWB October PRO Released today

mbratrud most right.

Durum, Malting Barley Values Down in Latest CWB PRO
Winnipeg -- The CWB today released its latest Pool Return Outlook (PRO) for the 2009-10 crop year. Wheat values are unchanged from the September PRO. Milling durum is down $8 per tonne, while malting barley has dropped by $4 per tonne. Pool A feed barley is unchanged. Currency and commodity markets remain volatile, adding uncertainty to the forward outlook.

[URL="http://www.cwb.ca/dom/db/contracts/pool_return/pro.nsf/WebPRPub/2009_20091022.html?OpenDocument&CropYr=2009-10"]October PRO[/URL]

[charliep]

mbratrud most right.

Durum, Malting Barley Values Down in Latest CWB PRO
Winnipeg -- The CWB today released its latest Pool Return Outlook (PRO) for the 2009-10 crop year. Wheat values are unchanged from the September PRO. Milling durum is down $8 per tonne, while malting barley has dropped by $4 per tonne. Pool A feed barley is unchanged. Currency and commodity markets remain volatile, adding uncertainty to the forward outlook.

[URL="http://www.cwb.ca/dom/db/contracts/pool_return/pro.nsf/WebPRPub/2009_20091022.html?OpenDocument&CropYr=2009-10"]October PRO[/URL]

[mbratrud]

I got lucky, PRO day is getting to be like pulling the leaver on a slot machine!