Week 12 Canola deliveries

[farming101]

Are outpacing wheat deliveries for the crop year so far.Not sure if that has ever happened before??
Go Canola!!
On track for an 8 MMT domestic use. Export pace is unsustainable for the whole year. Over 7 percent higher than last year so far.

[TOM4CWB]

Farming101

Don't kid yourself... with a 15mmt Canola 2015 crop... and 3mmt carry over Aug1 2015... minus 20 July 2016 basis... already at crushers... they are booked till next fall!

Lots of seed to fill markets!

[farming101]

Exports 7.36 percent more than last year would equal 9.553 MMT. Add in 8 MMT domestic and you get 17.553.
Using 18 MMT total supply won't work. Pipeline would be empty.

[vvalk]

3mmt carry over?

[vvalk]

They are all booked till next fall? Tom that's ridiculous. They have to haul from their own elevators to keep the crushers going.

[bucket]

Vvalk

I agree. Some local elevators are near empty.

Beautiful weather and elevators should be stuffed. Easy hauling.

There is a shit storm coming.

Then add in guys trucking from humbolt to altona.

The transportation file in this country should come before legalizing marijuana.

[Guest]

yea tom , I don't understand where you are getting your info ? around here everyone wants canola and lots ? reservations aren't necessary

[Guest]

and I thought we already established , there was very little carryover ? that was new crop canola combined real early being counted twice , as carryover and new crop

[Klause]

Tom you ain't even smoking weed your doing Crack.





I hauled to nipawin a while back. When the truck got there 2nd 2nd in line to unload in the am they had a total of 82mt canola in the whole plant.


44 just got delivered.


Altona is so short it ain't funny



Ldm yorkton same deal.


We have a huge domestic crush industry and huge exports this year. Crop will be gone faster than ever.

[furrowtickler]

Crushers will be sweeping floors by June or earlier

[furrowtickler]

Carry over from '14 was no where near 3 mmt
Some big guys are dumping every bus at $10.50 ish here, they made money and are cashing in with surprising yields. Only the stubborn will be left into next spring waiting for $12. Trading range will be stuck between 10 and $10.50, so like said here before why wait for $.25 till March , the weather is good and money is even now. Sucks hauling canola for the same $ in February / March. Plus the buyers are shipping hard

[Guest]

sounds like the WP report urging us to SELL,SELL,SELL ,! Tom , see if they'll let you contribute to their propaganda market report , lol. fwiw , when they have too much canola , you have to book a month or two in advance . that's not happening , should be a clue . can haul any day you want to most places . we hear enough of this bull shit when there is a glut . there is no carry over and no glut . those that are saying there is are rapidly losing their credibility

[furrowtickler]

Agreed caseIH , anyone can pick up the phone right now and sell er all if you wish and be gone shortly

[MBgrower]

Altona was taking new signup last week, they arent book. Most farmers here wont sell for less than 11.00