Online farmer calendar
Feb 17, 2012
2011-12 adjustment payment deferal deadline
Feb 20, 2012
CWB open on Louis Riel/Family Day
Toolbox
Farmers
The CWB price pace and you
|
Price pace calculator
The price pace calculator provides you with an estimate of your individual pricing pace.
|
Farmers now receive more market information than ever with the CWB’s Pool Return Outlook. The PRO commentary now includes figures around the percentage of the wheat pool that’s already priced. The per cent priced includes a mix of sold grain, and the CWB’s futures position.
It’s important to note that because of the inclusion of the futures position, per cent priced does not mean per cent sold.
Farmers can use this information to help gauge the amount of outstanding risk associated with the PRO. For example, when 15 per cent of the pool is priced, 85 per cent of the pool is exposed to changes in the market. As percentage priced increases, the PRO’s variability decreases.
Ultimately, this can help you decide if the percentage priced, is appropriate for your operation. Producers wishing to price more or less of their wheat can do so in a variety of ways using the PPO programs offered by the CWB.
Use the price pace calculator to find out your price pace.
Read more about the pace of pricing wheat at "New information helps manage price risk" in the February/March 2010 issue of Grain Matters.
