CWB Pro down 17 cents per bushel on Malt

[charliep]

ProFarmer

Both models exist in Alberta. Canada Malt has invested in storage facilities. Raher pulls directly from farmer storage more so. Each has a different set of deductions that reflect their storage costs and risk.

[Burbert]

Same situation that has occurred in Europe, ie Scotland. Malt prices have been so low for so long, producers have refused to grow the stuff recently, forcing maltey's to go to farmers and offer DECENT prices. Probably won't work here in Canada though, we all enjoy screwing each other over, so much. I ain't going to grow malt until things get sorted out. In fact barley is off the table on our farm, for the first time due to uncertainty!

[gregpet]

I agree Burburt, wheat has been minimized on our operation because of poor prices unlike the (open market) feed barley prices where I have certainty and opportunities in pricing.

[kryger]

That's good Burbert. You know your Wheat is going to be underpriced by the CWB, and you don't have to pay levy to ABC for your high priced feed Barley