Fun fact of the day ...

[furrowtickler]

Western Canadian canola crushers will be crying for canola by September 15th
The majority of canola is two weeks late at least . Hopefully they have to start buying at decent levels . They have lots of room in crush margins to pay up

[bucket]

Western Canadian canola crushers will be crying for canola by September 15th
The majority of canola is two weeks late at least . Hopefully they have to start buying at decent levels . They have lots of room in crush margins to pay up

But they won't. ...

[furrowtickler]

Grain cos buy low sell high !
Good luck to all !

Good luck to them finding canola to fill trains before October

[farmaholic]

"Finding canola to fill trains"...... So, again..... Do they have the canola sold before it's bought from us? How can they sell something they DON'T have if they don't know how much they will have to pay for it to buy it from us?
If they did pre-sell canola at $XX.XX/bu(notice how many digits are on left of the decimal point)....have the effectively put a ceiling on prices because they can't buy it from us for more than they sold it for?

Edit in, maybe some people think that theory/question is so stoopid it doesn't deserve a response. Enlighten me.
Weber, you've been watching and analyzing and involved in this Industry, what's the answer? Explain the process of grain being sold at the farmgate to being bought by importers. How can grain tenders be filled when the sellers(read GrainCos) don't know for certain what they will have to pay to buy it? Or, "here's what we're paying....take it or leave it?"

[Partners]

Always a few penny's premium when train is coming.

[Partners]

Good luck to them finding canola to fill trains before October

Remember the large carry over?
No issues..neighbor moving last yrs canola from bin to bin..
Mega bushels..i am sure he is not alone.

[furrowtickler]

Remember the large carry over?
No issues..neighbor moving last yrs canola from bin to bin..
Mega bushels..i am sure he is not alone.

That carry over which is half of what they think is not going to market at current prices . It’s in tight hands

[the big wheel]

That carry over which is half of what they think is not going to market at current prices . It’s in tight hands

It’s no where near what they claimed. Guys needed to pay the last cash advance before getting the new one. But now they extended the old one somehow. I don’t think some farms have that grain. The input mafia needed to be paid also otherwise broken knee caps. Lol
Maybe we re more like Russia than we think. Lol.

[farming101]

That carry over which is half of what they think is not going to market at current prices . It’s in tight hands

Maybe so, but some of the new crop will be in 'loose' hands...

In the first 2 weeks(actually up the the 18th) of August producer deliveries were almost 700 thousand tonnes. Safe to assume this is all old crop.
On track for one of the highest amounts delivered in August since 2011

[furrowtickler]

Always a few penny's premium when train is coming.

I have seen $.50 / bus

They have September contracts that will not get in . Those trains are ordered . A lot of Canola will not be swather for at least 10 days . It takes 12-14 days to cure on average.... math says most likely October
That’s if the weather is decent