Charlie and Chaffmeister,
Did you read Agriweek and the info about the CWB selling lots of milling wheat in June before the prices went up?
I know that for Crop Insurance the CWB was saying in Dec/Jan that CWRS 13.5 was worth $225/t. I asked how they could come up with this number, since the futures were no where close to the $225 level, they said they knew more than the futures market...
Now it appears that the CWB did NOT stick with it's own marketing plan...
And so they are now probably big time long... in a sinking market... and we will now be loosing both on the way up and on the way down.
The Saddest part is, that the CWB had a good objective set, now did they follow their own advice???
Thalpenny, could you truthfully fill us in on what has been happening?
Did you read Agriweek and the info about the CWB selling lots of milling wheat in June before the prices went up?
I know that for Crop Insurance the CWB was saying in Dec/Jan that CWRS 13.5 was worth $225/t. I asked how they could come up with this number, since the futures were no where close to the $225 level, they said they knew more than the futures market...
Now it appears that the CWB did NOT stick with it's own marketing plan...
And so they are now probably big time long... in a sinking market... and we will now be loosing both on the way up and on the way down.
The Saddest part is, that the CWB had a good objective set, now did they follow their own advice???
Thalpenny, could you truthfully fill us in on what has been happening?
Comment