Sk3 id recommend you try several varieties with varying maturities. U wouldnt want to lose 3000 ac to early frost.
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Disappointed with responses for canola oil content!!
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Originally posted by ianben View PostHere is UK standard terms for oilseed ****/canola
OIL BASIS 40% Premium of 1.5% of contract price for each 1% over 40%
Penalty of 1.5% of contract price for each 1% under 40%
MOISTURE BASIS 9% MINIMUM 6% Premium of 1% of contract price for each 1% under 9% down to 6%
Penalty of 1% of contract price for each 1% over 9% up to 10%
Buyer has the right to reject a parcel with over 9% or under 6% moisture content
ADMIXTURE BASIS 2% MAXIMUM 4% Premium of 1% of contract price for each 1% under 2% down to zero
Penalty of 2% of contact price for each 1% over 2% up to 3%
Penalty of 4% of contract price for each 1% over 3% up to 4%
Buyer has the right to reject a parcel with over 2% admixture content
I like it most years way above 40% once had 48.9 it sure adds up then.
Plant breeders now select on oil as well as yield so oil has gone up over time.
There is quite a variation between varieties and also between years both can vary by 5%. 16 is a low oil year here ours is 42% but will still add £10.50/tonne at £350
15 oil was 46% same variety just more sunshine in June, sold at £280/ tonne so oil bonus £25.20.
Early combined was as dry as 6%, NO premium for it either! Would have been a 13% premium in UK!
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Originally posted by mcfarms View PostDid some work on getting both oil content and as dry matter looked at through the CGC a number of years ago, Didn't get much support from either line companies nor canola commissions.
Suggests that they way it works is in their favor and not up for discussion. Frustrating.
I was told last evening over beers that we are approaching the 50% level with crop harvested in our region this year from what has been tested.
I am certain most years we are leaving money on the table, especially given our much higher basis here versus areas closer to crush plants.
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