That's a good one,crushers paying on freight on inbound canola. Lol
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Is it setting up to be a lock the Bins at harvest!
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Remember some of the GrainCos operate both canola export business and crushing business.... they will allocate the canola to where the margin is highest.... if prices get too high.... it will ration demand.
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danny, I think you are absolutely right. Other than the markets that absolutely only want canola and are willing to pay a premium to other edible oil options. But the lid put on export pricing will be the same lid used to keep domestic crush seed prices in check as well. Who goes without, the export market or crushers.... it arbitrages price-wise thought. Doesn't it?
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Originally posted by tweety View PostNobody "locks the bins". Never have never will. Always someone needs/wants to sell.
Ridiculous concept.
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Kinger....SF3 prefers "Cargill" and "John Deere" green over Rider green....maybe you can get him something from those Companies.
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