Farm Gate Canlowa $$$

[BTO_farmalll]

$8.83 USD x 1.44 Plus $44 per MT on avg. Premium Always used To Carry till bout What goin on 10 Years Now!!!!! = $13.72 Farm Gate Canlowa Price


Anyone Care To Explain To Me/Us How The Basis is Being Calculated in This Current Environment?????

[bucket]

The basis is in the fx or else the fx is on the basis.

Only depape knows for sure.

9 dollar beans should equate to 12.50 canola at a minimum.

But I am a dumb **** at the best of times.

[BTO_farmalll]

I Know, I Know, I Know!!!!!!! I Have Been Told Countless Times The Fx is in The Basis, This I Know Already!!!!!! What I Want to Know is The Formula To Arrive To at Said Price, This is The Only Piecea The Puzzel I am Missing!!!!!!!! And Where The Hell is Dape', Anybody See Him Around!!!!!!! Took The Money and Ran Didnt He!!!!!!! Knew It, I Hate That Site and See No Use 4It, Plus Subscriptions,,, Subscriptions!!!!!! That Money Would Have Been Better Spent Towards Investigating The Massive Basis/xCahnge Theft That Has and Continues To, To This Day Out Here!!!!!!!!!


#WeWantOurMillionBack

[bucket]

Well he convinced all the politicians as to how the calculations work.

And alot of farmers believe it.

But a tractor is a straight conversion from usd to cdn.

And fertilizer as well. It's sort of ****ed up as well. 200 for urea in nola but 550 cdn. ****ing rip off.

[Braveheart]

Whatcha talkin' bout Willis? Canola futures based in Canada, no fx figured in basis or futures.

Re basis, was offered a zero basis/Jan delivery just last week. We start delivery Monday.

[BTO_farmalll]

Yes There is!!!!!! Canlowa Always Carried on Average a $44 per Mt Premium To Whatever The Soybean Price Was, Up Until The Latest Round of F'ing Noone Can Figure Out!!!!!!!

[farmaholic]

Price canola at Velva ND apply the exchange, deduct freight to the plant. Compare the price to what your getting paid locally. How does it compare? I realize that may not answer your magic basis calculation question but it will give you a comparison. I did this in a different thread, local price was better.

[BTO_farmalll]

I Know What The Price is @ Velva Without Even Looking, They are Getting Screwed To!!!!! The Point I am Trying To Make is This, We are All Getting Screwed and The on avg. $44 per Mt Premium is Not Being Applied No Longer!!!!!! Answer Me Just This One Question, Why When The Sout Amerikan Farmers Go To Sell Their Grain On The Futures Market Priced in US $'s Do They Get Paid in US $'s, Then To Top It Off, Get To Make The xChange at Their Local Bank Capturing The Diff, Huh!!!!!!!!!!

[stonepicker]

Markets change, just because their was a premium for canola in the past doesn't mean there's gonna be one for the next 40 years.

[farmaholic]

I can't answer that and have a hard time believing thats happening. Are you imagining things? Reporting on hearsay?

Summon dePape...dePa dePap dePape. deMan!

[MBgrower]

Markets change, just because their was a premium for canola in the past doesn't mean there's gonna be one for the next 40 years.

Simple answer, grow soybeans! Canola is dead in the water, yesterdays crop. High oleic soybeans will push canola into niche markets eventually.

[wheatsnowcanola]

The Canola price is what it is, because too many farmers are tripping over each other, to offer up there canola for about $7.30 USD. QUIT giving it away. We still have 1.5 miles of superB's to sell. Maybe sell when the dollar is .60cents US.

[iceman]

Cuz Wheatnowcanola guys need to sell so they can walk into Cervus equipment with a suitcase full of cash to buy nice things so they can stay in "da club"

Over & Out

[stonepicker]

??? Do some on here keep using the u.s. price for dramatic effect? I feel sorry for you guys, i live in canada and get paid in canadian dollars. If you can't make money at 10.00-11.00 dollars grow something else, i'm gonna keep selling.

[farmaholic]

But, but, but, isn't that about what it's worth at Velva?

Until Bucket's dream of market transparency comes true, we will never really know what a decent price is if port prices are never disclosed. Futures can have premiums added to them if the buyer(not the middleman but end user) agrees. Remember the odd time when there were positive basis on top futures.

Then there is the Crunching Industry. Even the crush margin index has been called only an index/guide based on everything but the real canola oil
and meal, weird. But I guess a "gauge" is better than none....especially if it measures the same "related" byproducts consistently even though they aren't the right ones....oh well.