$9:15 here
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what’s Canola worth?
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Oh my God you’re so lucky!
According to some very trusted sources on this forum if you get less for your product that is much better because if you got more your land rent would immediately go up. Equipment fuel would all go up. Awesome thanks for posting.
If it wasn’t for the trade problem canola would be well into 11.50 due to the harvest losses. Man this is going to save us!!!!
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Originally posted by TASFarms View Post$9.30. Here. If Canada didn’t mess up with the Chinese exc. the would have been closer to $14. But who ever sets the price in the price of canola said it would in the mid $9s this fall
What price are they getting?
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Originally posted by AlbertaFarmer5 View Post2390 RMB works out to $454 CAD per Metric Tonne for meal in China. Nov futures for canola seed is $449. Dec soybean meal is at $300 USD (397.88 CAD) per ton. That would be $438.70 per Metric Tonne. Not much of a premium in China by my math?
The canola that goes through other countries I wouldn’t expect there to be a label stating hi folks this is Canadian canola going trough x country ending up in China. And that isn’t bought on that exchange or is it? If it is then we can reveal also this is a scam to lower prices because the demand is still there. The other scam part is where crushers here are able to purchase this cheap canola that shouldn’t be this cheap correct or no?
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Part of the reason graincos are privately held in Canada is to keep the back door deals private. ...there is no regulation of graincos in Canada. ...
There is more regulation going to get a farm cat from the humane society than there is on graincos in this country....
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