I live in a small town next to the boarder of Canada. We have seen a major jump in Canada wheat flowing thro the boarder. In fact the elevators have plans to expand hugely. And railroad here too. This is hurting our wheat prices here. And this is most likely one of the reasons the wheat price has fallen in the last few days. My county as well as Canada. Has a crop unlike other droughted areas. And we are just getting into harvest. With the loss of the Canada wheat board Canadians are free to bring all the wheat they want across the boarder. This is scary because our dollar is stronger so they have huge incentives to haul here.
What can we do to stop this or slow it to conserve our good wheat prices?
Permalink Reply by K2 on August 13, 2012 at 8:10pm
Best thing that ever happened. The wheat board used to waste soooo much money vs the open market. Have u seen the surge in Canola acres in Canada! You are probably benefiting from the decrease in acres!