Canadian Elevator Company meets China's canola rule!

[SASKFARMER3]

One thing to remember MR Farmer the Canola council is not your friend they work for the grain companies and this whole thing was about Money.

They charge us dockage of 3% or more at elevators taking even the smaller seed as dockage yet at the coast Add back to 2.5% dockage to ship to China.
Its all about the grain companies game and profits. Its played as a farmers problem but really its all about the Money and how they make more.

A Canadian grain company has reportedly agreed to ship one% dockage canola to China while the Canadian government continues trying to convince the Chinese that one% is unnecessary and unfeasible. “Canada sold a few cargoes of one% dockage canola to China last week, and P&H (Parrish and Heimbecker) was the seller,” a grain industry official who requested anonymity told producer.com.

[farmaholic]

You don't believe the black leg bullshit? Or that dockage is added to the maximum allowed? Does China pay for the canola (dockage) net or gross? $450.00-$500.00/tonne for dockage that WAS NEVER PAID FOR IN THE FIRST PLACE IS PRETTY LUCRATIVE for the shipper .....!

And now the whole thing becomes the Producer's problem? Yah right.

[farming101]

Farma, closer to $550.

[farmaholic]

....you got the point.

50,000 tonne cargo at 2.5% dockage is a cool 1,250 tonnes @ $550 is $687,500..... Hmmmm...... I never got paid for my dockage.

Please tell me China DOESN'T pay for the dockage! But what would be the sense of adding it otherwise?

[farming101]

Do you remember the story of the goose that laid the golden egg...

A reference work says: A shortsighted action that destroys the profitability of an asset.

[sumdumguy]

What's so hard about 1% doc? Special Crops ship under that all the time. Is Canola something special? If we don't supply it, some one else will.

[tweety]

Saskfarmer, please explain how the council is working for the elevators and not farmers? If China won't budge, how does this benefit elevators?

[Guest]

sum sum , that's what I don't get ? we hardly sell a load of canola that is over 1.5% and then we are paying to clean it ? should be real easy to take half percent out . but the pricks probably are adding dockage and getting paid for it in China .

[fjlip]

Because they can...any way to make a buck or thousands.

[SASKFARMER]

Tweet they charge us dockage and then add to specs!

Canola council doesn't give a rats ass about the primary producer.

Remember their goal wall to wall canola!

Yea that would of been nice 7.00 canola to us producers and elevators make on handling.

More isn't better it's shit!

[sumdumguy]

Where's the Grain Commission? Ours is seldom over 1 Doc.

[sumdumguy]

This is sick that we don't resolve this pronto.

[tweety]

Saskfarmer, are you sure China pays for dockage?

Basis is determined at 2% and discounts are applied above that. This benefits no one in the industry here in Canada. Don't worry, China doesn't pay for chaff to the grain companies, just like them to you.

[blackpowder]

Support your local crusher.

[Guest]

tweety , why else would it be in there , our canola wouldn't ave 1.25% dock , and I'll bet yours doesn't either . 2.5% seems very odd ?