Rye

[per]

What is pushing the price of rye? Feb price delivered to East Calgary is 9 and a half bucks. It is nice to average up and thankfully I still have some to participate. Sure beats the 4.50 price I took last fall. (that was a reasonable sale and I'm not complaining)

[melvill]

See the post at

http://www.agri-ville.com/cgi-bin/forums/viewThread.cgi?1200418691

about mixing with wheat. However, at $9.00 I wonder at the economics of mixing it off with wheat.

At $9.00, if it's verifiable, you wonder what specialty user - distiller or miller - is short bought.

Mind telling us who the bidder is?

[per]

The bidder is Viterra. Feb $9.43 Mar $9.48 and April $9.53 delivered to Calgary East

[parsley]

good price, especially with maltsters caving left and right.

[melvill]

A comment from an analyst that I have a fair amount of faith in:

"At that price - it's all about the wheat. Whether it's going to a miller for direct processing into rye flour or being blended off into spring wheat, 9 1/2 bucks is damn cheap compared to the wheat. Demand rationing is happening in wheat, and some of that will shift to rye, one way or the other."

[per]

The great part is we get to participate fully with no CWB pooling and interference. Yes I missed some of this opportunity by selling some in Oct. but the pooling process would also include the $2.00 rye that I declined to sell into. I like to make my own decisions no matter misguided and uneducated they might be. I will take my chances without the boards help any day.

[parsley]

per, I hope we get a chance to market what we own.

I don't think the Liberals will give us choice, do you? Here's the latest popularity poll from Nik Nanos:

Canada (N=841, MoE ± 3.4%, 19 times out of 20)

Liberal Party 33% (-1)
Conservative Party 31% (-4)
NDP 19% ( 2)
BQ 10% ( 1)
Green Party 8% ( 2)

Parsley

[per]

No, so far only the Conservatives support a free market. We need to make sure Dion doesn't have the opportunity to derail this train.

[cottonpicken]

Notice how the left is split 4 ways.

[just_wondering]

New crop rye bids at $7.00 delivered to Saskatoon(Agpro) August -Sept Delivery.
Sold 7bu./acre today