September Canadian Wheat Board PRO Released Today (Sept. 25)

[charliep]

Agree with the above. Will note from the CWB's own survey, 56 % of farmers of prairie farmers want a dual market for wheat. I suspect they are not anti wheat board but rather wanting alternatives. Do the current producer payment options meet these farmers business needs?

If Agstar77 wants to make the claim that the current PRO is a market signal, how do they stack the fact the PRO generally lagged US elevator bids as presented in the page 6 graph of the aug./sept. Grainmatters? What would happen is the CWB put a column in for the 2007/08 daily price contract (now dead). What would happen is a column was included for the fixed price contract (monthly average)?

[charliep]

Got Alberta and western Canada mixed up. 56 % Alberta. 45 % % western Canada.

[agstar77]

BLep , you have forgotten your venn diagrams, I said Anti CWB on this site want more transparency, not all people who want transparency are Anti CWB.

[furrowtickler]

Again we will sit and wait this one out to. Less than 1/2 of the HRSW will be a #1 in Western Canada. #1 mid to high protien wheat should go up in value in time once the market(CWB) figure it out. Feb - March. Alot of 2-3-feed wheat commin off now. Also alot of the total wheat acres were Winter wheat, Ac Andrew, CPS wheat. Again, time to sit at the poker table to see who blinks first.
Off of wheat, I like the comment in Webers report that alot of canola is sitting with price options on it, hopefully that sends a signal to the market that they will not steal this canola crop. Get the harvest off safely then enjoy the family, let everone else sweat it out for a while, it's our turn.