Market Insight: “Feed” wheat market beats CWB
Spot cash bids for domestic “feed” wheat have hit $7.50/bu, surpassing the Canadian Wheat Board (CWB)’s export price for mid-grade wheats in terms of the net price paid to farms across the Prairies. According to the 2007-08 pool return outlook (PRO), which hasn’t changed since May 22, CPS Red wheat […]