Translation

[parsley]

Hopper,

Only 2 poststhat were my own comments:

1."Farmers' harvest production statistics provided to only FARMERS themselves"

2. "As you will well understand, the ExecDir of your farm associations must understand trading and the markets Choose the smartest. That one person can save farmers hundreds of milions. "

Those two.

The rest are all translated from Chinese websites.

And no, the main Chinese concern is NOT blackleg.Pars

[Hopperbin]

I see you are just translating. Thank God because the first part was giving me a headache. Perhaps my previous post should be on another topic. Keep up the good work. Chinese language and their thinking is very different from ours. Somewhere in that translation I think should be translated hi Canada, we are bigger than you and you are screwed. My little bit of experience in China was it is not a daily thing but a minute by minute job to sustain yourself to screw anyone else.

[parsley]

At 09:41 on October 23, 2009

¡£ [AP] China oil from the network was informed that November 15, China, Canada and other countries ban imports of ****seed containing black shank; analysts said the move helped the formation of the domestic oil market, the domestic ****seed and vegetable oil prices are expected to maintain a high level.

Integrated Media October 23 news, October 22, from the Chinese oil network was informed that the November 15, China, Canada and other countries ban imports of ****seed containing black shank.
It is reported that this move is almost equivalent to China's ban on imports of Canadian canola.

Analysts believe that the state has adopted this policy is intended to control the import market or to gradually ease the domestic oil market pressures.

According to China Oil news report, 22, Chinese authorities have officially informed the Canadian and other countries, in the November 15 after the ****seed exports to China should not contain toxic virus - black shank.

Meanwhile, the demand of imports of ****seed enterprise must have a certificate issued by the exporting country the government does not contain this virus file before importing.

This message China oil network has been confirmed through Zhangjiagang Port.


It is reported that Canada's ****seed origin is difficult to effectively eliminate the black shank of this virus, even if the Canadian authorities have taken strict control measures, the disease each year in the country's ****seed resulted in more than 300 million U.S. dollars loss.

Therefore, the constraint is almost equivalent to that China will ban imports of Canadian canola.


"Chinese Oil Network" editor in chief, said Kuo Ching-Po, from the market to monitor the circumstances, and 9 to October Chinese factory and have been gradually transferred to the acquisition of domestic oil markets fall, a smaller volume of imports of ****seed, it is expected that the impact of measures on the domestic market is not Great.

But he warns that the current domestic oil market bullish frequent Before this there was suggested that to raise import tariffs on soybeans and other oilseeds, the country would very likely the true intention is to gradually control the import market to alleviate the domestic oil market pressures.

As early as April 24, 2009, the Ministry of Commerce has issued "soybean, ****seed imports of early-warning communication," is expected in April of ****seed imports more than 270 thousand tons, an increase of more than 1.8 times; first four months of total imports of about 900,000 tons, an increase of nearly 1.2 times, the highest volume of imports.

The Ministry of Commerce to remind the relevant enterprises to increase imports of risk prevention, appropriately adjust the pace of imports.



October 21, the Ministry of Agriculture recently released "in September oil cooking oil market monitoring information" shows that 1 to 8 months, China imported a total of 3,214 million tons of edible oil seeds, up by 26.9%, of which 2.2 million tons of ****seed, an increase of 2.6 times, of which 97.3% from Canada.

Meanwhile, in September, the international oil and edible oil prices fell again, the Canadian ****seed CNF price (FOB price shipping) 453 U.S. dollars / ton, the chain fell 7.0% year on year drop of 17.9%.

On the other hand, the Government has actively introduced to support the domestic oil processing enterprise.

June 17, China issued by the Ministry of Finance and other departments, "the domestic oil processing enterprises purchasing and processing of ****seed in 2009 of domestic subsidies, management practices," said that in order to mobilize the enthusiasm of domestic oil processing enterprises, the central government according to their actual purchase amount of ****seed, according to 0.10 yuan / jin, standards, providing a one-time fixed cost of subsidies.


According to China Oil Web was informed that the Canadian Canola Council said it had formally informed the Chinese authorities in Canada and Australia, exports to China's ****seed will not be allowed with the black shank.

Related Information: China Oil Web monitoring data show, 2009 1 Zhi August China imported a total of approximately 2.14 million tons of ****seed in Canada, accounting for 97% of total imports, compared with growth of 256% over the same period in 2008.

According to market monitoring point of view, 9 to 10 month

State refineries are being progressively transferred to the acquisition of domestic oil markets fall, a smaller volume of imports of ****seed is expected to less affected.

But the market risk remains cautious, after all, the domestic oil market bullish frequent.


The industry believes that this may be the government hopes to strengthen the beginning of imported fuel oil, after all, the current downturn in the domestic market to the government policy of temporary storage has brought greater financial pressure and storage capacity problem.

·ÖÎöʦָ³ö£¬´Ó11ÔÂ15ÈÕ¿ªÊ¼£¬ Öйú½ûÖ¹´Ó¼ÓÄôóµÈ¹ú½ø¿Úº¬ÓÐºÚ ëÖ ²¡µÄÓÍ²Ë ×Ñ ¡£ Analysts pointed out that from November 15, China, Canada and other countries ban imports of ****seed containing black shank.
The sub-national ****seed promulgation of a policy to restrict imports on the domestic oil market to develop boost, coupled with the support of domestic purchasing and storage policies, domestic prices of oilseeds and vegetable oil are expected to maintain a high level.

[bduke]

Parsley and Hopperbin.... I have been reading and
trying to comprehend China's recent NTB on Cad
and Aud canola this PM.

BTW thanks for the research.

I suspect this article in Bloomberg may be related.

http://www.bloomberg.com/apps/news?
pid=20601087&sid=auBO9Exr1AI8

While translating Chinese is difficult, it seems to me
they also want to draw down their own Gov't
inventories, and thereby reduce Gov't
expenditures.

The extra 6% tariff on canola seed would seem to
have the Gov't favour canola over soys as the extra
tariff is income for their internal support.

I could be wrong as I am not familiar with China's
internal policies and logistics.

I have also noticed that China is joining the Obama
green plan... talking about $15 US tax per ton of
carbon.

The US is clearly more important to the Chinese
Gov't and exporters than Canada and Australia.

Seems to me the cost of Kyoto and any future
"green plan" will be disproportionally born by North
American commodity industries.

Talk about a demoralizing fall!... Bill

[parsley]

Domestic subsidies to shore up their own Chinese industries

But they made that clear in April

Obviously there was ZERO intellignece.

You'd think with the CWB office in Bejing, and Chinese Government subsidies flinging about, that someone would have noticed told Minister Ritz.

Fire either the Bejing manager
Or some CWB staff.

Canada's Minister of Ag is also the Min of the CWB

Let's not forget FARMERS ARE PAYING THE BLOODY BILLS.YOU just lost millions.

3 people have read the translation

I presume the rest of the farmers are not interested.

[parsley]

Archer Daniels Midland Company (NYSE: ADM) announced today the expansion of its European oilseed processing capabilities with the acquisition of ViaChem Group’s oilseed processing assets in Olomouc, Czech Republic.

This facility, in the Eastern part of the Czech Republic, consists of an oilseed crushing, refining and biodiesel plant that produces oil and meal for the food, feed and energy markets.

“This acquisition will allow ADM to expand further its leadership position in agricultural processing in Europe and strengthen our softseed processing activities in this region,” said Brent Fenton, managing director, ADM Europe. “This new site will support ADM’s expansion of its ****seed and sunseed origination network in Central Europe. In line with ADM’s strategy to expand the size and global reach of our core model, this acquisition increases the Company’s presence in the growing Eastern European market.”

[bduke]

Parsley....... I realize they have internal supports
and stocks.

By eliminating canola imports, their own inventories
will be reduced.... and so will their storage program
costs.

The Bloomberg article claims the Chinese stimulus
program of $586 billion US combined with the Bank
lending of $1.27 trillion US was concerning the
Central Planners that some industries were growing
capacity too quickly.

China has posted export declines for 11
consecutive months, and they are afraid of having
some industries off side.

I think they are concerned about a slow US
recovery ... and inflationary pressures in China.

I could be wrong... Bill

[parsley]

Yes, I agree Bill. I slammed the rant down about intelligence but it is disjointed and just deals with the domestic, and not inflation.I was translating this afternoon and found some particularly revealing long reports about where the Government's general direction for China ag is headed And they do want to develop their own industries quickly.

I was told that a seed grower in SE Sask sold his entire farm to China last week.

[mcfarms]

Well they have to do something with their soon to be useless US dollars sooooo but so land buy an oil company or 2 ( korea) buy a potash mine ( or Saskatchewan). As a friend of mine says "If you don't own it you don't control it." So lets kick the s84t out of farmers in Canada and Austrailia by devaluing the hell out of one of their major cash crop's and then when they are rocking back on their heels swoop in and buy em out. ( it's what I would do) If I remember correctly didn't sask take off the foreign ownership law on farmland? If thats the case you'd Better be talking to Brad Pars. Whats worse acting like a socialist or being owned by a communist?

[ColevilleH2S]

The way I remember it, a non-Canadian can only own 10 acres of Saskatchewan land.
The law that was rescinded a few years back by the provincial NDP, was the restriction on out of province ownership (Canadian citizens who lived out of province). This was done to reward the NDP Blue-hairs who would rather sell their land to a Baystreet investment banker than their neighbour's kid.(ya I'm a little bitter)

[ColevilleH2S]

BTW Parsley thanks for the translations.

[furrowtickler]

There is much more than 3 who are reading this is just that most of us heave been trying to combine, move grain,dry grain, and oh yeah try to look after young kids at home or at the dance class, or hockey rink , or soccer, or figure skating. You no longer have kids at home do you. I apreaciate what you are doing here but life must go one for most of us youngin's.