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China is out of the canola market.

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    China is out of the canola market.

    Heard this A.M., that China has halted all canola imports due to blackleg infested seed. This came from two different sources this a.m. Pandora's may have been opened after the flax/mustard markets crashed. China sat and watched what happened and now threw down their trump card in canola.
    Larry what are you hearing? This is bad news with most of the canola left in the feild was/is going straight in to be dried and sold. Things were looking O.K. price wise until this B/S.

    #2
    It sounds like this happened earlier this month to Aussie canola (a container) heading to China. Also some Black Sea ****seed was stopped apparently.

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      #3
      It could still just be rumours but that would be enough to drive the market down.

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        #4
        They are just sabre rattling. They filled up on all commodities over the last 6 months. They don't need anything right now, we'll know when they do.

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          #5
          Sounds like CFIA will be talking to the trade tommorow... Haven't heard anything about a ban but maybe some tighter restrictions on Blackleg and some weed seeds. Could be interesting.

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            #6
            Oct 22 (Reuters) - China has told Canada and Australia it will not accept canola seed with blackleg disease, the Canola Council of Canada said on Thursday, a move that threatens to close Canada's top canola
            seed market.

            China sent a letter to the Canadian Food Inspection Agency a few days ago saying it will not accept Canadian canola seed without a certificate showing it's free of blackleg as of Nov. 15, said Canola Council president JoAnne Buth, in an interview with Reuters.

            She said China had earlier told Australia it wouldn't accept its canola with blackleg.

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              #7
              what china and europe are doing is very reminiscent of what the americans did to canadians with bse.

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                #8
                Still no proof on the mustard or flax front but the door seems to be wide open now. This is not good.

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                  #9
                  This is from the same people who used ****seed for cooking oil!!

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                    #10
                    So what's your take on this one Pars? Is the customer still right? Or is this different because it's not a GMO issue?

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                      #11
                      It is their money. Customers are NOT obligated to buy from anyone. Including you.

                      You will slap me for this one, what's a little more black and blue, right, but try to grow what the customer wants. And if you have problems, as DOES EVERYONE AT SOME TIME, you talk directly to them. In heartbeat time.

                      If I guy buys a $200,000 bull from you, and he has a prob, don't send Gerry Ritz to fix it.

                      A canola grower group has {MORE X 2000} influence than a pile of pissing EA's.

                      Never underestimate the power of an individual farmer because HE HAS THE MOST VESTED INTEREST.

                      If I was on the Canola Board, I would fly straight to China.

                      Okay, go ahead tell me how dumb I am. I'll just continue writing music, anyhow.

                      Look on the EU site of infractions.

                      China has A SITE but you have to TRANSLATE.

                      I have not been on for a few days.

                      China is wanting to buy land. Don't forget that.
                      South Korea just bought Harvest Oil.

                      TEND YOUR BUSINESS.

                      I presume yr info is posted on the canola website, for all farmers, zaph?

                      Pars

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                        #12
                        My problem is that in this case, it's not a customer issue. Keep in mind that what Agstar said is true. It's purely political.

                        No, I'm extremely frustrated that nothing is on the canola council web site or CFIA or Ag Cda or CGC.

                        What really bugs me is that the Reuters story said the notice from China came through a few days ago. If you look at the volume of trade in canola futures since Monday, it's been absolutely huge. So who's doing the insider trading? It might just be the Chinese but it could also be some tipped off Cdn traders too.

                        The whole thing stinks and it's clearly not a customer problem.

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                          #13
                          Maybe they don't want to buy our canola anymore, they want to buy our land.

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                            #14
                            People are people.

                            I took a lot of heat from organics for exposing the favourable buybacks organics enjoyed.

                            But secrecy and protectionism breeds scam.

                            Over the long haul, doing "right" helps everyone. Including international customers and sellers.

                            I'm going to say this carefully. And as diplomatically, as I often do.

                            Few, except farmers, don't know what is happening in canola. Farmers need to take their industry back. Canola farmers are not making the money they should be.

                            And there are Billions of canola dollar bills out there wiping asses. Pars

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                              #15
                              Adding this;
                              I will be offline for a few hours if you are waiting for a reply.

                              My Ukranian friend ordered perogies for her birthday party here tommorow and I am just going to cook 20 dozen of them.

                              I will only put a candle in one of them, tommorow. But nobody will notice anyhow, after I bring the wine up from the cellar........Pars

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