Talking about trade.....

[farming101]

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.

[wrongway]

Canola down %40/ t on overnights

[farmaholic]

Canola down %40/ t on overnights

A blind man could see that coming....

[crusher]

Canola down $40/t but I’m sure new prime minister Carney will do everything in his power to help Western Canadian farmers…….hmmm, I hope he knows there are farmers on the prairies.

[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.