What’s happening at LIT
On Aug 26th, the CWB announced their CWB Pro's for 2010/2011 crop year.
Wheat: Up $51 - $53/metric tonne
Durum: Up $40 - $41/metric tonne
Malt Barley: Up $46/metric tonne
If you have any questions regarding the recent CWB PRO announced changes, please don't hesitate in giving us a call.
The CWB announced this morning additional contract calls for the 2010/2011 crop year. The new contract calls are:
CWRW wheat: 25%(now 50% total called)
CWRS wheat: 25%(now 25% total)
No new call on CWAD(25% open)
Any questions on the contract calls that are open, please call us at the terminal.
Lethbridge Inland Terminal held its first customer appreciation day on July 20th. ... MORE
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Marketing Minute
Russia has gone from a wheat importer to a wheat exporter. This marketing minute looks at this change and how it affects world wheat markets. It also talks about the way Russia changed food service as well as a Nike trivia tidbit. ... MORE
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Each week we will look at a commodity to see what the bullish and bearish factors are in the market.
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CWB FIXED PRICE
September 3rd:
1 CWRS 13.5: $ 6.40/bu
1 CWAD 13.0: $ 4.52/bu
1 CWRW: $ 5.33/bu
*prices net to farmer*
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