Saturday, February 9, 2008
8 Year average Malt Price comparison shows CWB coming up short
Rolf Penner- John De Pape of Integrated Malt Barley Management has a very interesting price comparison chart here that he has been showing at some of the recent talks he has been giving. It compares the yearly average Malt prices that have been recorded in the Golden Triangle region of Montana with the CWB pool prices backed off to Alberta. Many board supporters don’t like spot price comparisons with the pool price, they feel that it is not a fair comparison, while that point is debatable, even when one looks at average prices the board still comes up short year after year. The average of the 8 year average (and if its one thing Canadians love is averages, lets not get to extreme here) is $36.36 per tonne or 79 cents per bushel.
For those out there who wish to double check the numbers the source data for this comparison can be found here. It has been converted to Canadian dollars and tonnes for this chart.
The following link allows you to download a pdf version of the above chart for closer inspection. alberta-vs-montana-malt-barley.pdf
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