canadian canola

[hedgehog]

We are being told our piss poor canola price is due to large canadian stocks.
Where are they?

[SASKFARMER3]

I can tell you their full of shit. Literally full of shit. Totally full of shit.
Their Fu^&king full of shit.
All crushers in Yorkton area are taking canola every day and looking for canola.
Just finished and cleaned out all last years except for a very small contract in late August then the Bins bags sheds are empty.
Ah most of the people I have contact with that farm were out of canola either last fall off combine or are done.
The crop was good last year, No great but not as high as they were saying.
The industry figured a way to make hay on us, Its called BS reports of a super crop and then the railways helped out and most companies laughed it was like taking candy from a baby as the farmers all fell into place.

[Braveheart]

The market has not priced in the correct Canadian stocks. Canola on farm is non existent. It's gone. Visible stocks would be more accurate at 1 mil vs 3 mil.

Less than a plot (conspiracy). Just shabby work.

[riders2010]

And who here thinks that misrepresented figure of stocks is an accident? The ag industry is the ripest industry for total rip off of primary producers. Why? Because the boys at the next level up pull the strings of government. We sit on our asses and complain but never do anything about anything as a group. Why? Because we and the population have been brainwashed into thinking that if you form any kind of group or organization you must be a communist. If that's true then the pioneers cargills no santos viterras etc are the biggest commies ever.
Agriculture in canada is the most corrupt industry there is.
And by the way you could not find a kernel of green peas, canary seed or flax for seed this spring because there was none. The only crop with a large carryover is possiy wheat but how much of that spoiled in flooded grain bags etc? And just because there was no seed of those crops left that doesn t mean the acres sky rocketed either. Canola acres probably went up wheat acres are up. There are only so many acres to start with.

[riders2010]

And who here thinks that misrepresented figure of stocks is an accident? The ag industry is the ripest industry for total rip off of primary producers. Why? Because the boys at the next level up pull the strings of government. We sit on our asses and complain but never do anything about anything as a group. Why? Because we and the population have been brainwashed into thinking that if you form any kind of group or organization you must be a communist. If that's true then the pioneers cargills no santos viterras etc are the biggest commies ever.
Agriculture in canada is the most corrupt industry there is.
And by the way you could not find a kernel of green peas, canary seed or flax for seed this spring because there was none. The only crop with a large carryover is possiy wheat but how much of that spoiled in flooded grain bags etc? And just because there was no seed of those crops left that doesn t mean the acres sky rocketed either. Canola acres probably went up wheat acres are up. There are only so many acres to start with.

[riders2010]

And who here thinks that misrepresented figure of stocks is an accident? The ag industry is the ripest industry for total rip off of primary producers. Why? Because the boys at the next level up pull the strings of government. We sit on our asses and complain but never do anything about anything as a group. Why? Because we and the population have been brainwashed into thinking that if you form any kind of group or organization you must be a communist. If that's true then the pioneers cargills no santos viterras etc are the biggest commies ever.
Agriculture in canada is the most corrupt industry there is.
And by the way you could not find a kernel of green peas, canary seed or flax for seed this spring because there was none. The only crop with a large carryover is possiy wheat but how much of that spoiled in flooded grain bags etc? And just because there was no seed of those crops left that doesn t mean the acres sky rocketed either. Canola acres probably went up wheat acres are up. There are only so many acres to start with.

[riders2010]

And who here thinks that misrepresented figure of stocks is an accident? The ag industry is the ripest industry for total rip off of primary producers. Why? Because the boys at the next level up pull the strings of government. We sit on our asses and complain but never do anything about anything as a group. Why? Because we and the population have been brainwashed into thinking that if you form any kind of group or organization you must be a communist. If that's true then the pioneers cargills no santos viterras etc are the biggest commies ever.
Agriculture in canada is the most corrupt industry there is.
And by the way you could not find a kernel of green peas, canary seed or flax for seed this spring because there was none. The only crop with a large carryover is possiy wheat but how much of that spoiled in flooded grain bags etc? And just because there was no seed of those crops left that doesn t mean the acres sky rocketed either. Canola acres probably went up wheat acres are up. There are only so many acres to start with.

[riders2010]

If there is a high carryout of all these crops then they are sitting in some warehouses of the grain companies somewhere all purchased from us at several dollars a bushel below what the real price should have been.
We can fix this real easy if as a group we tell the grain cos to find a way to give us those dollars back or we have a harvest lotto. We spin the bottle and which ever grain co the bottle points to every farmer boycotts unless we get our price. You d see 15 dollar canola in a week.
Why did the price of roundup go down? It was because some people in the industry said f you we re not gonna be part of the collusion we re bringing in generic. And did it work? Yes it did. You can apply that principle to every aspect of marketing or buying ag products.

[farmaholic]

I have on farm inventory of about 500 tonnes but its sold for delivery to LDM Yorkton this month.

[SASKFARMER3]

Farmers the industry is not working with us. Just check out the profit for Agrium for the spring run. Remember the sky is falling reports of fertilizer shortages etc. Cry wolf over and over and sooner or later the sheep will circle you and kill the wolf.
Its the same with BS reports and BS comments about crop yield and basically BS by the whole industry to screw the farmers their not working with us. They prey over us.

[OneOfMany]

As I have said before:

The Richardson's, Parrish's, Heimbecker's, Paterson's, Cargill's Dreyfus', etc of the grain world, never had to go to the markets to raise capital, issue shares.

Billion $ company's, its fairly obvious where they get all of their wealth!

[Braveheart]

Most of us are running farms that are multi million dollar enterprises. What is your ticker symbol? Are you listed on Wall Street or the TSE?

I know less than most about the grain cos finances. But, one can see that Richardsons are very conservative investors in general. If you watch their growth over the last few decades it has been slow and careful, sustainable growth. Much, I would think like most successful farms.

In terms of canola carry out, the grain cos would like to know as real a number as possible, to plan crush, line up customers, book transportation, etc.

[charliep]

There is never a mention of price in these postings but I note narrowing of basis as an indicator of the challenges of getting canola from bins to the elevator. A bit will be current low prices, uncertainty about 2014 production and finally perhaps questions about the size of the 2013 crop.

Your bigger challenges from a price side are what is going on south of us. Still uncertainty in the US crop given August is the main month determining US soybean yields. US soybean yields potentially over 45 bu/acre. Corn could be 170 ish. Watch the next USDA report which will be survey based.

A consulting group ARD uses sees potential for US soybean futures to be under $10/bu this fall and under $9/bu this spring if South America gets a good crop.

[T.N.T.]

Sk3 a lot of farmers are just like those stupid sheep,they just keep walking down the line until it's there turn to be slaughtered.As far as carry over there is none,we were all sold out the beginning of march,and thats defiantly a first for this farm and the rest of the neighbours bins are empty to.

[farmaholic]

Grain Companies: HeyZeus Kriest man, take a risk like we do everyday. What's wrong, don't they like unknowns....LOL