Canola Shipping

[clubber83]

yep definately no prob with bunge. Dad contracted his through there. Richardsons cheap storage is the few wooden elevators they have left. I was told that Davidson and Shellbrook are full of nexerra. They are gonna deliver ours to Lake Lenore. Our local Richardson Marketting Rep said in the future they will probably store Nexerra in wakaw too. I told them that I wouldn't be surprised if all those old wooden elevators full of nexerra magically started to burn if they cant find a buyer for all the nexerra they have accumulated over the years lol

[furrowtickler]

Why grow nexera ?? I have heard nothing but greif for the most part on deliveries and grades. Yields are way behind most hybreds by 20% or more - in this area anyway.

[ianben]

Just wondering if you get bonuses like
UK on your canola.

OIL BASIS 40% Premium of 1.5% of
contract price for each 1% over 40%
Penalty of 1.5% of contract price for
each 1% under 40%

MOISTURE BASIS 9% MINIMUM 6% Premium of
1% of contract price for each 1% under
9% down to 6%
Penalty of 1% of contract price for each
1% over 9% up to 10%

Buyer has the right to reject a parcel
with over 9% or under 6% moisture
content

ADMIXTURE BASIS 2% MAXIMUM 4% Premium of
1% of contract price for each 1% under
2% down to zero

Penalty of 2% of contact price for each
1% over 2% up to 3%
Penalty of 4% of contract price for each
1% over 3% up to 4%

Buyer has the right to reject a parcel
with over 2% admixture content.

At current prices this can add up to
£30/£40/tonne.

[wd9]

No component pricing in Canada for the majority of canola. A good thing if you live in Manitoba, bad if you live in AB, especially the peace.