I think every farmer is informed now, it is just there was no reason to be alarmed until it was too late. I agree action must be taken now, but most will stick their heads in the sand/snow, and wait the storm out - it is the Canadian way.
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Translation: Burn the rest of the canola in the field instead of fightin for it!
WE have a delegation going to China next week names are not yet public. IT is a technical delegation I understand.
I repeat this is why in Canada
we an internal DART team, a team of solutions people.
WE need an AGPEC.. I repeat a global
group to deal with agricultural trade issues.
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Boy oh boy Parsley... when you put your mind to an
issue you certainly have "sticktoitiveness"!
I re-read some of the translation again this AM,
and it seems that China also is having a build up of
****/canola meal stocks.
What is interesting is the amount of ****seed
grown in China... about 11 million tons I think....
compared to their soybean production... normally
about 10 million tons.... although the Gov't is
promoting up to 14.5 mt this year.
Yet their consumption of soys is over 51 mt's.
Let's see..... the US is their largest supplier of beans
and the US has an almost dried up supply chain.
Tough harvest south of us also.
The SA crop was smaller than forecast.
So with a precarious supply of soybeans going into
December.... at least in some locations.... and an
excess of canola meal.... an economy that is still
shrinking.... a stimulus program that is winding
down.... costly Gov't program of carrying ****
stocks.... a dependency on US consumers for
exports... $750 billion US in US treasuries... a tire
tariff recently imposed by the US..... a continuing
resistance of US pressure to float the Yuan.... an
agreement in principle to relax grandfathering
requirements and to closely align with the US on a
climate change agreement (China is the second
largest emitter behind the US)... and a
determination to honour their membership in the
WTO.....
Of course they will find a pseudo phytosanitary Non
Tariff Barrier to eliminate Canadian canola!
This is no time to become more antagonistic to the
US....
By eliminating canola imports the internal price of
food oils and meal will rise.
This should help rationing, reduce consumption,
reduce the **** meal inventories, and reduce the
pressure for greater crushing capacity.
All the while buying time for the economy to
strengthen and/or adjust.
At least their central planning is transparent... Bill
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Ironically enough, the best retort Canada could have this would be instruct all farmers with canola in the field to burn it...
Light the sky up all over so they can see it in China.
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Thanks for adding Bill, you are so very good at analyzing, with your nimble mind. And experienced. I believe wearing the other person's shoes for a day helps us understand what China is doing.
China pushed up the price of soybeans, by trashing Canadian canola, and the traders chirped in glory. Better than a subsidy. LOL
China is very manipulative when they can be, ...because they have had to be.
Only when they open up, when they abandon central planning, will they realize some standard of living we can relate to.
Governments have to trust their people. Not the reverse.
When you really look at China's farmer, you will see he is increadibly poor compared to us. A peasant. Feel for him.
They do grow canola en masse and they are also expanding, and adding technology for industrial use. But it appears they are remaining genetically cautious about their food.
I am tenacious to a fault. But I look upon our farmers as such good people, it's worth sharing information.
This is grunt work commodity associations should be doing. Farmers pay well for the gathering of information but bureaucratic grunts hoard it, harboring central planning tendencies. Protecting info is like the flu, a malady.
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Haveapulse... The problem is that many Prairie
farmers have a crop in the field in which we are
responsible to cover our costs.
Crop insurance... agristability... don't/wouldn't do
it.
Even hail/fire insurance isn't covered in October...lol. BTW.. how do you start a hail storm?
So we farmers carry the risks and thereby the
losses .... only we need to pay our bills if we choose
to farm again next year.
Perhaps we need some frost tolerant ... short
season soybeans...
If we can't/won't fight them... join them!
More pulses would settle your heartbeat.... wouldn't
they?
I appreciate the work and thinking you do.... Bill
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Translation: We need to create our own demand.
Build bio diesel plants and support internal trade, every farm should run on bio diesel.
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