Yellow Mustard Prices

**charliep** · Sep 29, 2007, 09:55

Just checked Stat publishing and see we are 36 cents/lb here. Browns at 26 1/2.

http://www.statpub.com/stat/prices/spotbid.html

**mcfarms** · Sep 29, 2007, 21:39

Why not an 70% zero dollar EPO. Call your FBR and lean on them. And then your director.

**kamichel** · Sep 30, 2007, 00:15

And I can foretell the future. In the near future the CWB will ask to have the contingency fund increased to 200,000 dollars. Do the feds really have to guarantee epos?

**mcfarms** · Sep 30, 2007, 09:01

the feds don't guarantee epo's

**just_wondering** · Sep 30, 2007, 09:14

If the feds did not guarantee the initial price, in the future would the pool farmers have to contribute to the contigency fund or would the people using the pricing options continue to get hosed to build a CWB war chest?

**TOM4CWB** · Sep 30, 2007, 09:40

Craig,

The NFU is trying to divert attention from the real problem... CWB POOL PRICING.

The CWB can go away from pooling as we know it today... and leave it alone.

If the CWB offered fair PPO contracts... there would be no pressure at all to increase initials.

The NFU and CWB want the pools to be a leg up on PPO contracts... which is simply not fair. EQUALITY has been a selling point the CWB counted on to maintain support for the 'single desk'. Well Well... the 'new' CWB policy in all its glory is in view.... milk the folks who don't like pooling... where ever and when ever possible! DUmb and DUMBER!

**charliep** · Sep 30, 2007, 10:48

An initial payment increase in early November (based on information from the September PRO analysis) has a good fit with the market place (we'll see how much higher this market goes but suspect will stuggle from here on in) and when the increase has been announced traditionally.

**cottonpicken** · Sep 30, 2007, 13:18

I've heard 40 in se sask.
I've no yellow but i will sell my brown at 43 and oriental at 33.

**charliep** · Sep 30, 2007, 13:31

mcfarms

Nobody has picked up on your 70 % idea (CWB developing programs that increase the percentage of the PRO and manage the risk themselves).

Does the CWB manage risk across the crop year for farmers or does it simply price 5 to 10 % of the expected production? What would the cost of getting into this type of program be?

Would the CWB be prepared to close the pool early (say after the "A" series contracts) if they realize they have set initial payments too high? Are they prepared to think about things like shorter pooling periods? Managing risk over 6 to 9 months will be a lot cheaper than 18 months and provide better market signals.

Yellow Mustard Prices