CWB vs Dollar Cost Averaging

[jdepape]

wd9 - I appreciate the exercise and understand
your issues around my strategy.

You want to compare your simple average with
the CWB's performance - consider the fact that
the "enhancements" in my strategy could add as
much as $1.00/bu to the bottom line (in my view,
this is on the light side). And the CWB has the
freedom and the capability to do it. Even with this
"enhancement" in their tool kit, your simple
average will still certainly beat them.

Any thoughts on doing the same on wheat?

[TOM4CWB]

Dear John,

My logic is simple. My gut feeling is that by the end of April the inverse in July 13 will be at that time a carry. If a true 'pool' average is the aim... then best establish the correct sales for each period now. LESS risk in my books.

The futures will rise vs soy vs palm... the basis will only absorb so much of the volatility as this market is traded internationally.

Just a thought.

Cheers

[wd9]

I really was considering for wheat, just
lazy i guess LOL.