Bunge Eastern Plants Pay Farmers $11.61 a bushel for Canola, West?

[bgmb]

how about producer cars of canola to Churchill. I would guess that the landed Churchill price should be $20/tonne better than altona.

[charliep]

Actually lots of feed grains moved from Alberta to the BC Frazer Valley last year. All grain flowed to Vancouver for export so the dairy/poultry/feedmills farms were forced to be very creative in sourcing their feed needs. Necessity is the mother of invention.

[fjlip]

Good question..."Seems odd that Altona wouldn't be able to buy closer?"
Is there NO canola, or WHERE are farmers selling it that pays better?
Help us understand, MB farmers!
Perhaps TOO MANY crushing plant located in MB, need to close some and open more in Sk?
If they need it so bad, a premium/basis adjustment would correct this trucking WASTE! Ah free market, dumb at times!

[agstar77]

Less canola more beans in S Mb.

[Klause]

This one is brand new. Larger capacity than the one from ldm in yorkton.



There's no canola in altona or very little... we are talking 15 miles from the USA boarder in some of the best corn and bean country in Canada. Plus veggie farms... plus potatoes... plus edible beans.


Why they built it there I don't know.

However bunge pays trucking... I'd you factor in what we make for trucking... The price sf3 quoted is within 20 cents.


We haul back beans or corn for feed mills.


it's a solid 2 trip ringer grosses well over 3 grand, pretty close to 4 if I load to the limit.

[Klause]

2 day trip for a ringer*


The amount of 2 and three axle trailers in S. Manitoba is amazing... lots heading south Lightway's business must be booming

[MBgrower]

I dont know why altona didnt build a bean crush line instead of expanded canola. There wont be any canola within 100 miles of altona in 10 years. And we are shipping all our beans to nd and mn.

[Braveheart]

Beans seem to do better in the valley than canola. Out here on the plains west of the escarpment canola still rules.

More interesting than Bunge at Altona is that Northstar Agri has a crush in Hallock, MN, and crushes canola, even deeper in bean country.

[farmaholic]

...No pasta plants in the heart of Canadian durum growing country. Not a lot of flour mills in the heart of Western Canada. Not a lot of lentil consumption in lentil country.

Once again my take on Western Canadian Canola pricing strategy by the GrainCos:

How to keep a $10.00 ceiling on canola prices? Every time there is a move higher in futures they widen their basis to hold the price somewhere under $10.00. Then everyone's magic number is always $10.00 only attainable using GPOs or TPAs. Also flip to which ever month benefits them the most, when they want.

It still seems broke to me.

Anyone sell SPOT lately? That didn't require a deferred delivery?

[agstar77]

What no pasta plants 2 years after the CWB. What a shocker!

[fjlip]

Didn't I see Harper using a shovel to start one?

[Braveheart]

The idea for a farmer owned pasta plant was opposed by the tyrannical CWB for so long the idea died. Some of the people with the passion to make a pasta plant work have died as well.