Fixed price contracts or flexpro

[Fransisco]

If flexpro is the way to go then the July 29th sign-up is a bit of a problem as you'll still be estimating what your final yield will be. A deadline of August 30 would make more sense because usually you'll have it in the bin by then.

[charliep]

You have to understand CWB policy in terms of how they manage their organizations/pooling risk to answer the question as to why end of July on flexpro signup. The extension of the fixed price deadline to January 31 also has an impact on the decision. All this to imperfectly mimic a cash market (which it doesn't - they are designed to lock in a relationship with the most recent PRO). Which relates to Brenda's comment about how the uncertainty CWB how the CWB actually designs the programs and its impact on farmer risk/price signals.