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First CWB 2011/12 Pool Return Outlook and Corn

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    #1

    First CWB 2011/12 Pool Return Outlook and Corn

    I am in Winnipeg at Grain World and saw the release of the first new crop PRO. Link is below.

    [URL="http://www.cwb.ca/dom/db/contracts/pool_return/pro.nsf/WebPRPub/2011_20110228.html?OpenDocument&CropYr=2011-12"]2011 PRO[/URL]

    I would also be watching corn. Futures at the $7.25/bu - top end of the recent trading. Highlight from the conference and elsewhere is the tightness of the US s&d and the continued pace of consumption.

    Thoughts on both the above.
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    #2
    I assume at that price there won't be any corn coming into Canada. Feeders will keep feed wheat and barley in their rations. I'm waiting for explosive feed grain prices here in Alberta, anybody see that yet? Any decent new crop bids out?

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