Farmers are parking their harvesting equipment for the season now that almost the entire crop is in the bin.
Ninety-nine per cent of the 2010 crop has been harvested, which represents no change over the previous week.
What would it take for grain prices to become unhinged? I asked that question of a market analyst yesterday. Since I didn’t ask if he was willing to be quoted, the market analyst will remain anonymous, but his answer was interesting.
There’s increasing anguish over grading standards. The Canadian Grain Commission always says that it tries to apply all the grading standards equally from one year to the next, but a lot of the grading factors are open to human interpretation.