Canada: CWB final 2007-08 PRO – designated barley up C$4 per tonne, feed barley C$3 down

Canadian Wheat Board released its final Pool Return Outlook (PRO) for the 2007/08 crop year on its official site on September, 26.

According to CWB, designated barley values increased C$4 per tonne while feed barley prices were down C$3.

A weakening of the overall feed barley market has negatively affected sales returns on the PRO and reduced it from its July level, the Board reported.

The small increase shown by malting barley over the July PRO resulted largely from an increase in pool size that allowed the pool to capture higher prices and boost the overall PRO slightly, the CWB said.

26 September, 2008