Rum brett rum wins race that hops the nation?
And then, a few moments later, there was this:
The Canadian Wheat Commission (CWC) reports Thursday that the first crop in the country’s largest wheat crop of 2013 came from North America and is one of its highest-valued grain crops in years, $929,000.
CWC CEO Jim Hogg, responding to media inquiries Friday, told CTV‘우리카지노s Canada AM that the 2013 crop is sold to grain farmers, but the bulk of the profits are going to the bank.
„We’re selling wheat for $0.05 a bushel. So $0.05 a bushel of wheat is $13,000, so basically the bank is going to invest it in something where it’s going to be a return. The amount they’re going to be investing in is not yet available,“ said Hogg. „So as a result, in the short term, 예스카지노we’re seeing the Canadian Wheat Commission’s harvest of 1.1 million bushels to go into [the bank’s] reserves. That is the amount to go into that bank.“
At a press conference Friday, wheat minister and Wheat Board commissioner Kevin Smith said the report is an encouraging signal.
„The announcement of how much wheat was produced by the Canadian Wheat Commission speaks volumes about the Canadian Wheat Board,“ he said.
A spokesperson for Wheat Board president Tom Glynn says the report isn’t yet released but is an indication that the board is able to absorb the higher than anticipated harvest.
For the past 18 months, the board has been producing wheat based on wheat estimates published by the CWC, but the latest CWC figures showed that Canada will receive a higher number in 2013. The CBBC said it expects wheat harvest of 1.05 million bushels to be sold by the end of the year.
And to put a finer point on what’s going on in wheat markets, there are only about 3 million hectares of wheat under production in the United States, according to the CWSIS report.
In Ontario — a province that has one of the highest prices for wheat in North America — wheat prices have fallen from $8.00 per bushel in 2008 to $4.80, according 바카라to Statistics Canada. The number of hectares now being sold for wheat in Ontario is down to about 70,000 hectares. And in Alberta, wheat prices have fallen from $24 in 2008 to $6 in 2010, the year before the CBBC report was released