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Purely Canada/Above Foods

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    #11
    Any news on this front?

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      #12
      Originally posted by LWeber View Post
      I have sympathy for pulse contracts Sum as there are no hedging mechanisms.
      Some work has been done on the value against meal - but the consistency to use it is not there imho.
      I've been a part of two court cases as a witness.
      One pulse contract - one canola that was hedgeable.
      The judge had sympathy to the pulse co as there was no place to manage risk.
      Buy cash - sell futures to protect the downside of your sale. You can do that with oats.
      I'm not a lawyer but I know some damn good grain industry counsel...that have been on both sides of these cases... Jay Watson is among the best...H. R. Kloppenburg died last fall; while pompous, he too was really good.

      Have a great Easter!!
      What about Canaryseed, organic grains, feed mills?

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