How full are elevators?

[Robertbarlage]

Since on radio all you hear about is if trains can handle the enormous crop coming in . are elevators empty or half full or what ? If keeps raining might not be a crop at all .

[bgmb]

Must be bone dry, Getting lots of texts to get your targets in 5.75 for a 1-13.5, maybe just maybe the wheat trader gods might bless you and pick one up!!!! 4.75 once we deduct you down to a #3 though. oh yeah and 2 days into harvest we are full so put it in the bin and haul once we get cars at the end of oct.

[stonepicker]

Terminal i haul to was basically empty before harvest began.

[farmaholic]

bgmb....I like how your truth is disguised as sarcasm!!!!

[farming101]

Grain Monitor says stocks under 5 year average(week 51).
[URL="http://www.grainmonitor.ca/Downloads/WeeklyReports/GMPGOCWeek201551.pdf"]http://www.grainmonitor.ca/Downloads/WeeklyReports/GMPGOCWeek201551.pdf[/URL]

2.182 million tonnes stocks at the end of July which is about 44-48% of "working capacity"

Interesting is the report that as of Aug 1 total storage capacity in primary elevators topped 7 million tonnes. That is the first time since 1991-92 that there was more than 7 million tonnes.

Lowest reported was 2004-05 at 5.073 million tonnes

[boarderbloke]

They're texting me too, little specials to try to keep enough product coming in till fall delivery contracts are being filled, yet not having to pay a cent more than they have too. They can't and don't want the basis to close, love making money hand over fist! Been making over $3/bus profit on crushing the canola you risked growing, plus the elevator basis $50-60/t. Lock your bins and let them pay up and get that basis down to atleast $16 under.

[farming101]

Likely what is being coaxed out of the bins now will be much better quality than new crop(wheat).

For many areas anyway.

[stonepicker]

Now why would any grain co. intentionally slow deliveries? They make money by turning inventory over! Learn how to market your grain!

[bucket]

Locally .... elevator won't accept anything under a 2 red lentil.

That will slow delivery and so will bidding 10 cents for an X3.

And the grain commission adds wheat classes no large elevator can accommodate.

Slow deliveries.....yup ....to a crawl.

[Hopalong]

Remember wheat board director telling me Cargill would favour US farmers in an open market. When I said that did not make sense as they owned facilities in Canada and the way to make money was to use them. He had no answer.