Audio Recording of Market Report, 4.17.2009
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The Federal State market news is reporting the market as: DEMAND CARTONS MODERATE, OTHERS GOOD. MARKET ABOUT STEADY. The tone on the conference call this week indicated moderate demand on all sizes. 70 count carton Burbanks are at $21.50 and 10# Poly is at $9.25, both stable from last week. The FWA this week is at $14.44, stable from last week, which translates into an approximate return of $6.93 per cwt on a Russet Burbank crop that splits 60% one’s 50% Size?
The Columbia Basin GRI is at $8.37, the Colorado GRI is at $8.18, and the Wisconsin GRI is at $9.63, all down from last week. For additional split scenarios please refer to the grower return matrix on unitedpotato.com. If you have any questions and want additional details please give us a call. Remember it’s all about the GRI. Thank you for your support.
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