Canola sales may still be bullish

[Hopperbin]

UAE has been increasing imports of Canadian canola. In thousands of tons, 05 06 181.6, 06 07 281.7, 07 08 347.9,
08 09 485.9. USA has been increasing imports over the years with a slight dip to 700 thousand tons last year.
On the oil side China yes China has been increasing imports now at 361.8 thousand tons for last year from 63 10 years ago. I expect it to increase this year again and oil is not banned at the moment. USA has been on a steady increase now at 941 thousand tons last year from 409.6 10 years ago.
Japan may surprise us with oil buying this year with Japanese ownership of the new crushing facility in Yorkton.

[Hopperbin]

Oh and parsley it is not low grade, that could change if it don't come off this fall very soon.

[SASKFARMER3]

If the 10.5 becomes really 8.3 then have to take away for heating a huge amount in winter of 09 due to harvested problems and Oh no carry over or near none next fall. Repeat process bang head do it again.

[parsley]

If I am guessing right, there will be some heated canola already. It's difficult to deal with massive amounts of oilseed all glumped at you at once.

So, I believe ANTICIPATING an export sale for large quantities of damaged and heated canola is prudent.

If it all gets harvested top of the line, what's lost by snooping a bit? Nothing.

I do have a good loyal contact in China, speaking both Chinese and mandarin as well as 3 other languages. Knows farming. Knows crops. Is a farmer at heart. lol A super person. I'll vouch for that. What should I ask? Ask the person to look for.....?

Pars

[Hopperbin]

Ok I see what you mean now, may be some damaged and heated canola on farm but because a couple boat loads of China destined canola got redirected to the UAE does not mean that there is poor quality canola seed looking for a home.

[parsley]

Not at all, hopper. I think there will be good sales for good quality canola next year. But not for poor quality.

So dump the poor quality now, and get ready cash. Does that sound prudent?

[Hopperbin]

Dump poor quality now? Where do we get the poor quality from? The field and tell the buyer to come get it? Maybe I am joking a little. We seem to be on a slightly different frequency, can you hear me now??? Damm poor reception here.