In article <3D85038F.9371.42C413@localhost>, Peter Bray
<[log in to unmask]> writes
>Why does it need to be blended and then go on to USA.  If Canada has an
>annual crop of c. 30,000 tonnes, why not just sell most of that to the USA
>and import Argentinean for the local Canadian market?  Effective and *legal*.

Possibly because, just like in NZ, there is a crop failure and the
30,000 tonnes was reported by the same source to be only 6,000 tonnes
this year. This estimate was before the August rains in the prairie
provinces so it may have improved a bit since then, but to nowhere near
average figures.

Add in the crop failures in other countries, such as Australia, and you
have a serious natural shortfall on top of the Chinese withdrawal.

Crops in E.Europe are nothing fancy either, so I doubt the prices will
drop much till the new S. Hemisphere crop reports start to come in.
--
Murray McGregor