# Be careful when using rules of thumb | WA

> Market Check strategist Nick Crundall argues that common grain marketing rules of thumb, such as selling canola at double the wheat price or selling at fixed APW1 price triggers, should not be used in isolation. He notes the barley-wheat discount rule of thumb of $30-35/t is flawed because it ignores quality, protein and input costs.

- Date: 2020-10-24 · published 2020-10-24T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/50703-be-careful-when-using-rules-of-thumb-wa
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Opinion piece on marketing strategy rather than a new market event; it has little direct price impact but reflects that a wide barley discount to wheat persists, which affects feed grain buyer choices.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral

## Sources

- farmweekly.com.au: https://www.farmweekly.com.au/story/6979204/be-careful-when-using-rules-of-thumb/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.