Talking about trade.....

[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.

[furrowtickler]

Local P&H pulled bids for canola till June

[furrowtickler]

Canola had recovered to $14 after the U.S. tariff announcements
$11.67 at one place this morning and no bids at another.

[farming101]

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

If you blocked out all the market news and just watched the chart:
Green circled area positive. Price had attained the median line.
Orange mark caution. After a correction price failed to regain the median line.
Red mark. Another poor showing after a downturn.
Red circle price punched through the lower tine.
Next objective could be 577.80 full retracement.
Limit down at the close means $60 limit tomorrow
[url]https://www.barchart.com/[/url]

?

[fcr]

Cargill has pulled their canola bids also

[blackpowder]

Buyers are only concerned about basis. Selling futures as they buy your grain effectively locks their basis.
Pulling bids is their protection in situations like these. They can only offset purchases when the market open. Tomorrow limit is still $40 as March not part of the front 5 and only one not two were limit.
Go on a trip. Shut off the news.

[ColevilleH2S]

Joke's on China.

The bulk of Canadian politicians and population live no where near a Canola field, couldn't name a farmer, and have never seen Canola other than in a grocery store bottle. They don't care.

Good luck with your EV sales campaign Xi Jinping