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    Canola and China

    Soon oversupply? No price...http://www.bloomberg.com/news/articles/2016-08-23/inventing-canola-no-help-for-canada-as-china-changes-import-rule

    #2
    How long has this issue been in the news?

    The grain cos don't want to clean it?

    As some have said .... gotta spend money to make money.

    I don't get a premium to supply sub 1 percent dockage canola. But I bet the grain cos would. Instead their practice has been to add dockage up to contract specs.

    Why not just add the cleaners?

    There are one third the elevators today and most ship 100 cars....it seems to only make sense to make a more efficient system.

    But then again I also think elevators with dryers should use them.

    Why not clean it here and ask for better pricing .... it's definitely more efficient to rail clean canola...right? ???
    Last edited by bucket; Aug 24, 2016, 09:55.

    Comment


      #3
      Grain companies were getting paid $11 for added dockage after discounting farmers - it was a good gig
      Can't really blame China for not wanting to pay for added dockage and the extra shipping costs

      Comment


        #4
        11 bucks a tonne on a 7mmt export program.

        Sheesh. ...and they can't afford to build cleaners....expecting farmers to do it? Like their bin program?

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          #5
          Can't trust BIG, ready to f*ck everybody over for $$$!

          Cleaners only do wheat, if FORCED BY LAW they might get a brain to clean or at least stop screwing farmers and customers. Need to hurt them financially before light bulbs come on!

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            #6
            Instead of negotiating on behalf of grain cos. ...the government should be having a sit down with the exporters and telling them to smarten the **** up.

            Comment


              #7
              Please don't make your political representatives accountable, that would
              Make us look like we as a group had a brain and balls.
              And please have less oversight so that grain cos can do even more of this.

              Comment


                #8
                Originally posted by furrowtickler View Post
                Grain companies were getting paid $11 for added dockage after discounting farmers - it was a good gig
                Can't really blame China for not wanting to pay for added dockage and the extra shipping costs
                Can you show your math?

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                  #9
                  4 million tonnes not needed over last year. No way.

                  Me thinks the game is afoot.

                  Comment


                    #10
                    And what has the canola council said? Crickets chirping.......

                    Comment


                      #11
                      Look at the board of the canola council ....there is the answer.

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                        #12
                        And what about the canola commissions? Whats their opinion?

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                          #13
                          Canada takes tougher line with China over canola export dispute - Canada hardened its line with China on Wednesday in a dispute over Canadian canola exports, saying bilateral relations could not improve until Beijing took action to settle the matter. Trade Minister Chrystia Freeland made the remarks in an interview just days before Prime Minister Justin Trudeau is due to visit Beijing on a trip designed to deepen economic and political ties. China says that starting on Sept. 1, it will toughen its inspection standard for canola over concerns about the crop disease black-leg, threatening C$2 billion ($1.6 billion) in Canadian exports of the oilseed. Freeland, stressing she felt Ottawa had addressed Beijing's concerns, said she was "pushing very hard on this" and would be raising the matter with Chi-nese Commerce Minister Gao Hucheng by phone later on Wednesday. "It's important ... the Chinese understand this is not some side issue. This is a priority issue for Canada," she said, noting that when the Liberal government came to power last year, Trudeau instructed her to expand trade with China. "We cannot take the next step in our relation-ship with China until the canola issue is resolved. ... We expect some action from China. Our canola is absolutely safe," she added. Canada is the world's biggest exporter of canola, used mainly to produce vegetable oil.
                          Exporters, including Richardson International, Viterra Inc and Cargill Ltd, stand to lose sales to Canada's biggest canola export market. Freeland said she did not know whether the dispute could be settled by the Sept. 1 deadline. A spokesman for the Chinese Embassy in Ottawa said it could not immediately comment on the canola discussions The matter threatens to overshadow the visit of Trudeau, who is promising to improve Canada's relationship with China after a rocky 10-year period under the former Conservative government. China has raised concerns for years about blackleg spreading from Canadian canola into Chinese crops of ****seed, another name for the oilseed. Trad-ers suggest China's real reason for a higher standard is that its domestic ****seed oil stocks are high. The issue is a personal one for Freeland, whose father is a Canadian canola farmer. "I have asked my dad today to send me a jar of canola he has just combined, which I'm going to take with me to China and I'm going to give it to Minister Gao," she said.

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                            #14
                            There is more to this issue. Reality is that China is broke and can't afford canola. Dockage is just a side show. China need super clean canola to blend with their stockpile of decaying crap which was bought during the speculative fever years. (2010 to 2015 RIP). As for the >1% dockage growers, show me the tickets. Mine has never been that low but that includes small seed as well. I can see cleavers in the neighbors crop at 100 kmh so that ain't 1% canola either.

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                              #15
                              The real fight is over dockage and who get paid and who does not want to pay
                              So ya when times get tight , ie China , they tighten the rules the grain co's loose a cash cow and the farmers get screwed - simple

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