Good prices for low quality

Nov 26, 2010 | 7:41 AM

for paNOW

The November Pool Return Outlook was released yesterday. Wheat values were mostly down a bit, durum was up a little bit, while the malting barley PRO declined by $7 a tonne as compared to last month. What’s notable about prices this year is that the low grades still have pretty good value.

You might not be able to tell from the dreadfully low initial payments, but the lower grades of wheat and durum aren’t going to be discounted as much as usual.

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