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new crop bids

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  • RD414
    Senior Member
    • May 2011
    • 617

    new crop bids

    what are you hearing for new crop or Oct./Nov.2012 hard red spring bids
  • blackpowder
    Senior Member
    • Feb 2010
    • 9279

    #2
    nothing yet.

    Comment

    • LEP
      Senior Member
      • Feb 2007
      • 2499

      #3
      Viterra is out. I signed for 7.40/ bu durum Nov
      delivery.

      Comment

      • wedino
        Senior Member
        • Oct 2000
        • 549

        #4
        http://finance.yahoo.com/news/Viterra-Ready-New-Marketing-ccn-3839111407.html?x=0

        Comment

        • furrowtickler
          Senior Member
          • Dec 2004
          • 21898

          #5
          Over 250,000 tns of wht was suposedly contracted for oct, nov del through Vitera in 3 hrs this A.M. Someone thinks it's a good deal.

          Comment

          • gregpet
            Senior Member
            • Mar 2007
            • 770

            #6
            To bad the new CWB was not prepared for this new
            reality. Wonder how much business they lost by not
            being ready?

            Comment

            • Hopperbin
              Senior Member
              • Dec 2007
              • 6562

              #7
              Any bids from the famous CWB? Perhaps they are too busy reading into the laws etc.

              Comment

              • TOM4CWB
                Senior Member
                • Dec 2000
                • 16511

                #8
                Killam Viterra offered 1cwrs 13.5 bids this afternoon.

                Comment

                • gregpet
                  Senior Member
                  • Mar 2007
                  • 770

                  #9
                  Hmmm, Berthold new crop price of $7/bu for Sept. 2012 delivery. Sign up up
                  for $7.40 local Viterra. Doesn't look like there will be any run on the border or
                  the US turning away Canadian grain.

                  Can you explain this chuck, wilagro, etc... Have we not had an open market
                  long enough yet to bid the prices down?

                  Comment

                  • TOM4CWB
                    Senior Member
                    • Dec 2000
                    • 16511

                    #10
                    Greg,

                    That would be close to what a normal CDN spread should be... close to in line with Canola spreads.

                    Great to see this in our own back yards... Stewy and Alan maintain a perfect record... once again... sink the ship and run for cover!

                    Comment

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