More current prices reprinted with permission from ProFarmer Canada (Mike Jubinville - Pro Farmer Canada 204-654-4290 or send an email to mike@pfcanada.com.)
Start quote -
1) Wheat Ethanol Comment
Received a number of grower responses to our inquiry yesterday on
ethanol plant offerings in the wheat market. Prices noted below are a
ways back from the offering quoted yesterday from a grower in northern
Alberta...but here are a couple of the comments...
1. Minnedosa Husky was paying $4.22/bu for Sept delivery on Monday for
15.5 moisture and they don't care about mildew or sprouts which may be
a problem with the CWB.
2. Delmar Comm. in Gladstone MB is currently offering 3.85/bu for
CWRW. I told the manger that I would price some (I am thinking at least
1/2 of what comes off the field) at 4.00/bu. It would be great for bin
space to not have to consider the usually slow calls from the CWB. The
manager at Delmar was going to talk to head office, but he thought 4.00
would be attainable.
3. Initial price offering at yesterday's Northwest Terminal plant open
at Unity, Saskatchewan was $3.80 to 3.90/bu
Again...these bids are well back from the $4.70/bu quoted in
northern Alberta (Peace District)...but down around $4.00 I suppose
splits the difference between the current PRO (which is likely to fall)
and abysmal Fixed Price Contract price.
end quote
Start quote -
1) Wheat Ethanol Comment
Received a number of grower responses to our inquiry yesterday on
ethanol plant offerings in the wheat market. Prices noted below are a
ways back from the offering quoted yesterday from a grower in northern
Alberta...but here are a couple of the comments...
1. Minnedosa Husky was paying $4.22/bu for Sept delivery on Monday for
15.5 moisture and they don't care about mildew or sprouts which may be
a problem with the CWB.
2. Delmar Comm. in Gladstone MB is currently offering 3.85/bu for
CWRW. I told the manger that I would price some (I am thinking at least
1/2 of what comes off the field) at 4.00/bu. It would be great for bin
space to not have to consider the usually slow calls from the CWB. The
manager at Delmar was going to talk to head office, but he thought 4.00
would be attainable.
3. Initial price offering at yesterday's Northwest Terminal plant open
at Unity, Saskatchewan was $3.80 to 3.90/bu
Again...these bids are well back from the $4.70/bu quoted in
northern Alberta (Peace District)...but down around $4.00 I suppose
splits the difference between the current PRO (which is likely to fall)
and abysmal Fixed Price Contract price.
end quote
Comment