Wheat values are up again in the Canadian Wheat Board's September Pool Return Outlook.
Values for wheat are up between 4 and 30 dollars per tonne from August. Number 1 CWRS wheat at 13.5 protein increased by 22 dollars per tonne, or around 59 cents per bushel.
Malting barley values are unchanged. Feed barley values are up 3 dollars from the mid-month PRO released on September 10th.
Lower-than-expected corn yields in the U.S. and concerns about frost damage in Canada were two of the factors moving markets higher.
The CWB reports about 24 percent of expected 2010-11 crop year wheat deliveries have been priced, with a target of 60 percent for the end of January.
~ Thursday, September 23, 2010 ~