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Disappointed with responses for canola oil content!!

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    #13
    Sk3 id recommend you try several varieties with varying maturities. U wouldnt want to lose 3000 ac to early frost.

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      #14
      Originally posted by ianben View Post
      Here 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.
      That all sounds great! Lucky you! Our CGC sample result was 47%, get SFA for it in Canada!
      Early combined was as dry as 6%, NO premium for it either! Would have been a 13% premium in UK!

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        #15
        Did 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.

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          #16
          Originally posted by mcfarms View Post
          Did 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.
          Every time I ask the question of such parties I got similar responses.

          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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