On Tuesday April 23 we could have bought price insurance for $2.30/cwt CAD.
Today it would have cost the same dollar to buy protection at $2.16/cwt.CAD
Quite the omen for fall.
Back the fist of March I bought 100,000lbs at $1.98 thinking it looked pretty good. Should have bought a bit more at the $2.30
My son got his covered at $2.10 for about $.95/cwt