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AUS vs CAN RS Oil Content: Any comments as to why?

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    #41
    Originally posted by Landdownunder View Post

    trick then is to sell to a flat cash buyer no oil bonus but higher base price. but your correct premiums and discounts apply.
    In Ukraine ****seed prices grow under the influence of active demand - Last week prices in the domestic market of ****seed in Ukraine continued to grow against the background of continued demand from a number of export-oriented companies and higher prices in the external market of this crop. At the same time, the pace of trade on the Ukrainian market continued to gradually slow down due to the reduction of stocks. On the export direction of ****seed demand prices increased to 24000-24600 UAH/t CPT-port (CAD$803.50 to $823.13/MT or CAD$18.22 to $18.66 per bushel) and continue to increase due to the growth of ****seed quotations in Europe. (APK) AUS AWB closed CAD$17.48/bu with no oil bonus. ADM Lloyd closed at $13.70/bu yesterday. Best send this to all your non-subscriber friends so they quit selling for $3.78 and $4.96/bu less than AUS and UKR. In SK, using the SK AG estimated canola yield of 33 bpa, that is $124.74 an acre better using AUS prices and $163.68/acre using UKR prices. Good thing we don’t have an Export Sales Reporting program to put everyone on the same information level.
    ?

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      #42
      Nearly all the canola oil exported goes to the US and the majority of that is now refined not crude. And a lot of that is specialty oil. So there's a premium attached to that.
      Stat Can September Canola seed exports price reported at 670.48/t average for total world exports. Guess that's why business is brisk

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        #43
        Interesting my guesstimate australia produces 5.5 million tonne canola?? Domestic use maybe 500,000 tonne so 5 million exported in SE Asia/asia and EU markets i think.

        Same markets you do. Of course we have blue water adavantage into some markets but so do you.

        So wow theres some discrepancies in pricing as larry points out.

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          #44
          So when is the arbitrage going to take place? If I was a buyer I'd be buying from Canada.

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