Trains

[Klause]

What are y'all seeing?


Locally three elevators plugged again this week.


One just got their train yesterday - 3 days late

[bgmb]

lots of oil moving here. the 50 car elevators are continually plugged 100+ car elevators get trains

[bucket]

Quorum will say everything is working great...then in about june of 2019 they will say the railways could have done better....

The railways are behind and won't catch up....even though this weather allows them that opportunity...

Cars are being cancelled where contracted grain is still out in the field but for some reason they don't redirect to areas that could load and get caught up...

Prices are also keeping grain from getting to elevator....

[AlbertaFarmer5]

What are y'all seeing?


Locally three elevators plugged again this week.


One just got their train yesterday - 3 days late

Who is plugging elevators at these prices? Or presold grain?

[bucket]

Who is plugging elevators at these prices? Or presold grain?

Presold grain may still be in field or waiting for blending opportunities...

Next time I see a 6.25 offer for 5cwad someone slap me for not taking it.....****ing sat on the fence thinking 2cwad would be worth something or the spreads would narrow....stupid stupid stupid.

[Klause]

Who is plugging elevators at these prices? Or presold grain?

A lot of the people I haul for... pre harvest contracts, and lots of canola being dumped by guys without dryers... locals running specials buying up to 13 as dry.

[AlbertaFarmer5]

A lot of the people I haul for... pre harvest contracts, and lots of canola being dumped by guys without dryers... locals running specials buying up to 13 as dry.

Do you still find time for trucking along with directional drilling and harvest?

[bucket]

A lot of the people I haul for... pre harvest contracts, and lots of canola being dumped by guys without dryers... locals running specials buying up to 13 as dry.

thats because graincos are short and won't bid the market...they don't have to....they have a stack of targets.....

[jazz]

Who in their right mind would sell with this weather bomb over us? There is huge chance now all the canola doesnt get harvested. Thats gotta be worth a price rally somewhere down the road.

[bucket]

Who in their right mind would sell with this weather bomb over us? There is huge chance now all the canola doesnt get harvested. Thats gotta be worth a price rally somewhere down the road.

Guys that can haul 13 % moisture canola direct to the elevator and let them worry about it.....

[WiltonRanch]

Who in their right mind would sell with this weather bomb over us? There is huge chance now all the canola doesnt get harvested. Thats gotta be worth a price rally somewhere down the road.

A bird in the hand is worth more than 6 in the bush.

[Guest]

movement here is crazy . seems you can haul whatever you want whenever you want . best we have had for years . we had about 30% of crop contracted . it's all gone plus some decent spot priced stuff also . we did dry nearly all of it , though. had a 22 cent canary target in , it went yesterday and it's gone . sure helped with bins

[jazz]

A bird in the hand is worth more than 6 in the bush.

I've learned that when you panic, you make rash decisions. Patience pays in this business IMO.

[Richard5]

A lot of the people I haul for... pre harvest contracts, and lots of canola being dumped by guys without dryers... locals running specials buying up to 13 as dry.

Klause, what's your strategy, just curious? Sitting tight here, will freeze up tough canola with air and hold till I can get $11.25 or so.

You seem to post very interesting things, often leading edge from other countries. Your farm must do very well and your parents must be very proud.

[Klause]

Do you still find time for trucking along with directional drilling and harvest?

Yeah. I only work on big out of town projects and we are a premium crossing service so we get the high paying work others screw up or don't want to tackle.

When I'm not out there I'm in my truck lol.
Today, ardent Mills in Saskatoon