. Agri-news. Agriculture. m GO GO GO GO 00 GO 00^ ANA September 11,1995 OCT 3 1995 Remember elevator deductions are higher While initial wheat payments look relatively attractive this year, producers should remember deductions at country elevators will be higher too says an Alberta Agriculture market analyst. "The end of the Crow rate and resulting changes to transportation policies mean elevators in Alberta will be taking off about $15 per tonne more this crop year," says Al Dooley of the market analysis and statistics branch. Dooley notes that wheat markets moved lower through Augu
. Agri-news. Agriculture. m GO GO GO GO 00 GO 00^ ANA September 11,1995 OCT 3 1995 Remember elevator deductions are higher While initial wheat payments look relatively attractive this year, producers should remember deductions at country elevators will be higher too says an Alberta Agriculture market analyst. "The end of the Crow rate and resulting changes to transportation policies mean elevators in Alberta will be taking off about $15 per tonne more this crop year," says Al Dooley of the market analysis and statistics branch. Dooley notes that wheat markets moved lower through August even though a tight global supply situation remains. "However, the tight supply was the major influence of the Canadian Wheat Board's (CWB) 1995-96 initial payments," he says. "Initial payments for this crop year range about $50 more than the ones for last year," he adds. For example, this year's No. 1 CWRS initial payment was pegged at $160 per tonne (Vancouver/St. Lawrence) compared to $ 110 last year. |See table of summary | 1995-96 1994-95 Crop Initial Payment Initial Payment CWRS 160 110 CPS-red 145 92 CWRS 166 110 CWRW 145 99 CWSWS 145 92 CW Feed 122 80 No. 1 CWAD 165 125 The CWB's August Pool Return Outlook (PRO) didn't forecast any changes from the July PRO in its price prospects for wheat and dumm. Contact: Al Dooley (403) 427-5387 Feed prices, dollar and early calf price peak This year's calf run may be similar to the one in 1991 says an Alberta Agriculture market analyst. "Prices will likely drop two to four cents per pound for average calves over the fall run. Low end calves will take an even larger price hit," says Doug Walkey. Cont'd on page 2 AGRI This Week Remember elevator deductions are higher 1 Feed prices, dollar and early calf price peak 1 Lentils lead special crop prospects 2 Looking at hog prices from a spike 2 Safely preserving your taste of summer 3 Canning and freezing basics explained 3 Harvest
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