Do you like today’s Pool Return Outlook prices for wheat and durum for the 2009-10 crop year?
If you do, you’ll like the 2010-11 PRO, which was just released moments ago here in Winnipeg. It’s today’s PRO prices minus about five bucks. If you don’t like present prices, you won’t like the Canadian Wheat Board’s projection for the coming crop year.
Hard Red Spring Wheat 13.5 protein is $236 per tonne, compared to the present 2009-10 PRO of $242. Durum is $197 per tonne for Number One CWAD 13 percent protein, versus $202 for 2009-10 durum.
