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Canola and China

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    #1

    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
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    #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.

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      #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!

          Comment

            #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.

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                    #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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