Canada: Malting barley value unchanged in CWB’s January PRO for 2012-13

CWB updated on January, 4 its Pool Return Outlooks (PROs) for 2012-13. Values are weaker for wheat, durum and canola pools compared to late 2012, but unchanged for malting barley.

The Early Delivery Pool value for select two-row malting barley is set at C$347 / tonne, whereas the Harvest Pool value is C$350 / tonne.

CWB also released on the same day the first basis PROs for the Futures Choice Winter Pool. For this pool, CWB pools the basis portion of the price, and farmers lock in their own individual futures prices.

09 January, 2013