Farm Gate Canlowa $$$

[MBgrower]

Markets change, just because their was a premium for canola in the past doesn't mean there's gonna be one for the next 40 years.

Simple answer, grow soybeans! Canola is dead in the water, yesterdays crop. High oleic soybeans will push canola into niche markets eventually.

[wheatsnowcanola]

The Canola price is what it is, because too many farmers are tripping over each other, to offer up there canola for about $7.30 USD. QUIT giving it away. We still have 1.5 miles of superB's to sell. Maybe sell when the dollar is .60cents US.

[iceman]

Cuz Wheatnowcanola guys need to sell so they can walk into Cervus equipment with a suitcase full of cash to buy nice things so they can stay in "da club"

Over & Out

[stonepicker]

??? Do some on here keep using the u.s. price for dramatic effect? I feel sorry for you guys, i live in canada and get paid in canadian dollars. If you can't make money at 10.00-11.00 dollars grow something else, i'm gonna keep selling.

[farmaholic]

But, but, but, isn't that about what it's worth at Velva?

Until Bucket's dream of market transparency comes true, we will never really know what a decent price is if port prices are never disclosed. Futures can have premiums added to them if the buyer(not the middleman but end user) agrees. Remember the odd time when there were positive basis on top futures.

Then there is the Crunching Industry. Even the crush margin index has been called only an index/guide based on everything but the real canola oil
and meal, weird. But I guess a "gauge" is better than none....especially if it measures the same "related" byproducts consistently even though they aren't the right ones....oh well.

[stonepicker]

Ya but if price is higher at your local elevator then velva is irrelevant.

[farmaholic]

That was my point earlier....

[stonepicker]

I guess i'm slow on the uptake.

[wheatsnowcanola]

If my canadian made fertilizer was based off CDN$ then I would sell by grain happily without conversion.
Not to mention that new iron has gone into stratosphere. New combine, pickup and straight cutter, just hit $900k list. Oh I forgot, we are not allowed to consider being worthy of a new purchase. Those people are to be hated.

[bgmb]

Wall to wall edible beans