Opportunity?

[farmaholic]

Recieved Sunday afternoon. Was this canola commited before or after the price decline. How much room do they have on the basis?

"Train is coming Wednesday, WE desperately need canola Monday & Tuesday , please help us out, call to deliver Barb VT@771-4641"

[furrowtickler]

As the price continues to drop this will occur more often as time goes on

[farmaholic]

Put a 10 on the left side of the decimal and maybe the train will fill. Price drops for weeks at a time and then they hope to fill trains with cheap canola. Maybe "good" customers will get "special" offers.

[furrowtickler]

Agreed 100% farmaholic - but that would be just greedy of is to do that

[boarderbloke]

Send them a target price, make it worth your while. You may need to hire truckers, after all we're in harvest.

I guess if they can't fill their cars then the price is too low as, the market is always right.

The market might be 10.50 while they're filling cars and 8.50 when they're done.

[bucket]

Tell them to **** off . Please do yourself and all your fellow farmers a favor.


Tell them to **** off .

Payback for last winter will be a bitch for the graincos. It wasn't all the railways fault.

[fjlip]

X2!!! Make them squirm. Shoe is on the other foot! Ha ha.

[HFL]

Our elevator offered a 14 cent per bushel premium to try a fill a train with Hard Wheat. I said are you sure you can afford it?

[farmaholic]

Locations current prices:

Oct-$8.46
Nov-$8.50
Dec-$8.55

[farmaholic]

MAY-$9.25
JUNE-$9.41
JULY-$9.45

[sumdumguy]

How does the elevator compare to Alan Johnston's offers. I haven't had time to look for a couple of weeks.

[oneoff]

Ask yourself (as a farmer, and as someone's neighbor, and as a real businessman) if you really need a few extra cents as a "special".....or if everyone in the farming business needs several dollars more...and not just when you (and those with the same mindset) are suffer through depressed prices until you are 100% sold out. And by that time enough of next years crop has been committed and contracted at prices that will barely cover costs if there is anything but another bumper crop that "everyone" aims for. We'll even extend ourselves to depress prices further by pouring on extra "groceries" to make sure it a big production surplus and the price cycle lasts for years or decades.

Then go do what you always do and take their measly few extra cents because you need the cashflow; can't afford the market dicipline so necessary and no one else is looking out for you but yourself.

[wmoebis]

If they need canola, what is their elevator full of? Why would they order cars for something they don't have in store?
Can't imagine the elevator is sitting there empty.

[SASKFARMER3]

Tell them its 10 and they pick up or nothing.
They screwed us all last winter it wasn't just the railways.
Plus the invisible bumper from 2013.

[Hopalong]

Have heard of cases and also had it happen to us where we held out for higher price and eventually sold for lower prices, sometimes with spoilage loss.
Making a buyer meet your price only works sometimes.