50000 cars short, 50 ships sitting, but some
farmers or guys on here still think we have to be
better marketers and canada is a world class
country. f$&k do some need a kick in the ass.
We're a fricking shit show. Nothing is changing
this is total BS. Grow all you can we will find a
home for it and sell it all. Yea one thing is true
welcome to canada where the lowest price is the
law! BS just BS.
The ongoing logistical problems in Western
Canada have actually gotten worse over the past
month or so, according to the executive director of
the Western Grain Elevator Association.
Wade Sobkowich said this week the railcar
shortfall across the Prairies has now ballooned to
about 55,000 cars, up from 51,000 about two
weeks ago and 40,000 to 45,000 a month earlier.
Given that each railcar can accommodate 90
tonnes of grain, western Canadian grain
companies are collectively running about 5 million
tonnes behind on shipping just to meet sales that
have already been made.
Describing the 55,000 railcar shortfall as “huge,”
Sobkowich said that as a result, there are now
about 50 ships waiting off the Canadian west
coast to load grain that is plentiful in the interior
but in short supply at the actual port terminals. In
fact, port terminal stocks are near all-time lows,
he said, adding that country elevators are still
stuffed to the rafters at around 98% capacity.
If the railways continue to provide approximately
5,000 cars per week from now until the end of the
crop year, Sobkowich estimated the total carryout
of Canadian crops could soar to 30 million tonnes,
far above the more typical 5 million to 8 million
tonnes. Even if the railways doubled their
allotment to 10,000 cars per week (near the best
week they had in the fall), the carryout would still
be about 23 million tonnes, he added.
With a potential massive carryout to end the
2013-14 crop year, and the likelihood of even just
an average crop in 2014 adding to the pile,
Sobkowich said the shipping backlogs may
continue for months or potentially even years
longer.
“We’re not going to clear out this backlog. We’re
going to run into this year’s harvest with this
inventory. . . the problem is just going to be
perpetuated.”
Yea the boom is. Continuing, maybe but not for us
Canadians. My USA relatives would be up in arms
but at home we blame the farmer and do nothing.
farmers or guys on here still think we have to be
better marketers and canada is a world class
country. f$&k do some need a kick in the ass.
We're a fricking shit show. Nothing is changing
this is total BS. Grow all you can we will find a
home for it and sell it all. Yea one thing is true
welcome to canada where the lowest price is the
law! BS just BS.
The ongoing logistical problems in Western
Canada have actually gotten worse over the past
month or so, according to the executive director of
the Western Grain Elevator Association.
Wade Sobkowich said this week the railcar
shortfall across the Prairies has now ballooned to
about 55,000 cars, up from 51,000 about two
weeks ago and 40,000 to 45,000 a month earlier.
Given that each railcar can accommodate 90
tonnes of grain, western Canadian grain
companies are collectively running about 5 million
tonnes behind on shipping just to meet sales that
have already been made.
Describing the 55,000 railcar shortfall as “huge,”
Sobkowich said that as a result, there are now
about 50 ships waiting off the Canadian west
coast to load grain that is plentiful in the interior
but in short supply at the actual port terminals. In
fact, port terminal stocks are near all-time lows,
he said, adding that country elevators are still
stuffed to the rafters at around 98% capacity.
If the railways continue to provide approximately
5,000 cars per week from now until the end of the
crop year, Sobkowich estimated the total carryout
of Canadian crops could soar to 30 million tonnes,
far above the more typical 5 million to 8 million
tonnes. Even if the railways doubled their
allotment to 10,000 cars per week (near the best
week they had in the fall), the carryout would still
be about 23 million tonnes, he added.
With a potential massive carryout to end the
2013-14 crop year, and the likelihood of even just
an average crop in 2014 adding to the pile,
Sobkowich said the shipping backlogs may
continue for months or potentially even years
longer.
“We’re not going to clear out this backlog. We’re
going to run into this year’s harvest with this
inventory. . . the problem is just going to be
perpetuated.”
Yea the boom is. Continuing, maybe but not for us
Canadians. My USA relatives would be up in arms
but at home we blame the farmer and do nothing.