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SWP Optimistic About Market Share
TORONTO - Mar 10/05 - SNS -- The Saskatchewan Wheat Pool (SW) is on track to both increase its total grain handles in 2004-05, but to expand its share of the market, the company suggests in its latest quarterly statement.
However, it cautions that if "grain prices remain low, farmers may choose to hold back a portion of their crop in an effort to blend it with a higher quality crop next year.
"However, if prospects for the next year's crop are good, farmers will also have to ensure they have adequate storage on-farm, which would force grain into the marketplace during the spring and early summer months. The ability to secure export demand for lower quality grains and oilseeds for the remainder of the year will also be key to 2005 volumes," the SWP said.
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