- The FPC for #1CWRS 13.5 yesterday was $7.06/bu, Since the FPC appears to be the best deal right now, let’s go with that as the best option for wheat right now.
- On FPC’s the CWB will make an incremental payment for deliveries later in the crop year, supposedly reflecting the time value of money. According to the CWB website, if you lock in today’s FPC and don’t deliver until April, you will be paid an additional 1.8 cents/bu, for a total of $7.078/bu.
- Spot delivery $11.44/bu
- April delivery $12.06/bu
- By selling today for April delivery, you'll get paid an additional $0.62/bu over today’s spot price.
CGC Grain Statistics Weekly
The Western Producer
Bunge, Fort Saskatchewan
CWB FPC Price Schedule