PPO's for 2011

[Ron]

I have used FPC's and EPO's in the past,
haven't used the BPC yet but what does
everybody think of it?
I know we can still get screwed by the
basis and adjustment factor but what has
it been like? Better than the pool?
(cant be worse can it?)

[JohnGalt]

It can always be worse. Just remember that with the BPC you are at the mercy of the CWB's marketing department. If they make too many low sales, they seem to hammer the basis.

They will do there best to not let you beat the pool. Can't let an average farmer make them look bad.

[tipsy]

JG, "can't let an average farmer make em look bad". That is a great one liner. You don't mind if I use it and pass it on, do you?

[btjadenlepp]

I don't think that's correct JohnGalt. If
you take a BPC, you're thereafter at the
mercy of the futures/CD$ price. The CWB
marketing department has already taken
their pound of flesh at that point. If
they took too much and then padded the
pools with it later, you could end up
looking bad, but that's another whole
debate.

[ajl]

Do not take a futures without a basis first because then the CWB has got you. Been there done that.