Nov Canola and bottoms of bins

[charliep]

Incognito

Perhaps I will turn the question around and ask why more export business was not been done this past winter. Canola has been competitively priced with soybeans all winter and yet has not been able to generate much excitement.

Another observation (perhaps wrong) is the grain companies seem less and less willing to short the market - aggressively put on canola sales without having assured supplies in their system. The end result is a sit back and wait approach up and down the whole marketing system.

You are likely right the system needs a shake up. I don't have the magic bullet.

[Incognito]

Maybe the question should be:

Who would want to handle canola as a company, with the inherent risk that farmers won't deliver, countries won't pay and railcars won't arrive on time, vessel demurrage is at 35K a day, for $10.00 or less a tonne when the margins for CWB are twice that?

The bureaucrat thing wasnt a shot at you two, it just seems as though no one wants to confront the issues anymore.

Sorry bout the "on another tangent in this thread" ... maybe i'm getting old or ADHD is catching up..

[JD4ME]

No Probs Incognito, Lee and charlie answered my question often I find I am just looking for backup on something I am fairly sure about, However I am worried that we are losing market share due to uneven tariffs on Soy vs canola.
I believe we are slowly being squeezed out of a number of markets,
I wasn't kidding when I said we need short season beans I'm afraid.
Is there any hints of work being done on this at LAcombe?
I've wondered if anyone has tried them in the Peace as they actually get more light hours in the north in the summer and Beans are light determinant.

[melvill]

JD4me, I'm housed at CDC South in amongst all the production research scientists (it's a pain). I know some work has been done here on soybeans but the scientist isn't in today. I'll pick his brains when he gets back and let you know.

[ward.toma]

RE: soybeans in Alberta

There has been some work done by CDC south at Brooks. Some work has also been done by the B.C. Grains Industry Development Council in Rolla B.C. with soybeans. Two years ago they harvested seed, last year not.

Ward Toma
ACPC

[melvill]

JD4ME, the scientist here at CDC South that has done some work on soybeans is Manjula Bandura. His phone number is (403)362-1355. His e-mail is manjula.bandura@gov.ab.ca .

I think he'll be able to answer your questions on soybeans. I do know, however, that the work that has been done was on production suitability of present varieties not breeding of new varieties. Manjula's work wasn't very promising.