Talking about trade.....

[biglentil]

11.35 march canola yikes.

[furrowtickler]

China is on the books for about 2.75 billion CAD worth of Canola meal 2022-2024.
It'll matter...In fact we're limit down at the open. It will be a miracle if we end the week down $30/tonne on Canola. And it isn't so much the actual value lost with half price meal to China even if there would be any appetite for fire sale meal. The logistics of moving meal to new markets are impossible. There are no other markets. Domestic Crush is going to be hit very hard.

And yet everyone running around with their hair on fire about Trump
yes that’s not good either, but yet again Liberal policies completely *** over western Canadian farmers

[furrowtickler]

Carney will make things worse … 100% guaranteed
Carney hates western Canada as much as Trudeau and is smart enough to make things worse

[AlbertaFarmer5]

China is on the books for about 2.75 billion CAD worth of Canola meal 2022-2024.
It'll matter...In fact we're limit down at the open. It will be a miracle if we end the week down $30/tonne on Canola. And it isn't so much the actual value lost with half price meal to China even if there would be any appetite for fire sale meal. The logistics of moving meal to new markets are impossible. There are no other markets. Domestic Crush is going to be hit very hard.

Farming 101, as a chartist, was there anything in the charts that suggested this as a possibility?

[Old Cowzilla]

Wonder how many crushing plants are full of canola seed but don't have all meal presold. The ave. person didn't know dick all about tariffs then along comes Donald . Fun time for farmers indeed

[farmaholic]

Wonder how many crushing plants are full of canola seed but don't have all meal presold. The ave. person didn't know dick all about tariffs then along comes Donald . Fun time for farmers indeed

This last dive in prices is courtesy of China.
Can you imagine if the U.S. actually follows through with their pending tarrifs on canola.

[biglentil]

Trudeau put a 100% tariff on Chinese EV's months ago this is retaliation. Where's Team Canada's outrage? They going to boycott everything made in China or were they more concerned with vilifying Trump?

[farmaholic]

I may not be "popular" for my stance on Trump, but he definitely doesn't deserve a free pass. His pending tarrifs, if applied, could possibly take canola to a new low since the 21/22 price spike.

Thank a Liberal!

[ColevilleH2S]

Soy oil is still over 42. Even without meal sales I'd bet crusher margins are still quite profitable.

[bucket]

It doesn't matter to any other country's farmers . they will be made whole through government ad hoc. In Canada , where Trudeau started the tariff initiative with china, farmers will be long forgotten and ignored, even if a conservative government gets elected.

FFS people are cheerleading for John Barlow to be ag minister. That is the equivalent of Freeland becoming finance minister. Barlow was just a journalist.

Canada needs to put qualified people in place for ministers.