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CWB Releases 2003 Crop Pool Outlook
WINNIPEG - Feb 24/03 - SNS -- The Canadian Wheat Board (CWB) issued its first pool return outlook (PRO) for the 2003-04 marketing year, making it clear to producers prices in the coming year will not match this season;s unless there is a major crop production problem in Canada or another major producing country.
Wheat values range from $30 per metric ton (MT) to $67 MT lower compared to values in the January PRO for 2002-03. Durum values are between $30 and $55 MT lower. Feed barley values are $41 MT lower while two-row designated barley values are down $36 MT and six-row barley values dropped by $32 MT.
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