CGC Week 30 Canola Stats

[wmoebis]

Niether is our feb contract to p and h . Saying no cars. Same with feb #1 hrsw to dreyfuss . One guy here saying hasnt been able to del dec contract canola to dreyfus either. So no cars or no sales ??

Don't think it is due to lack of grain cars. https://www.grainews.ca/2017/02/22/too-many-grain-cars-left-out-in-the-cold/

[farming101]

Caseih, it's called flattening demand. Great for railroads.

[wmoebis]

Caseih, it's called flattening demand. Great for railroads.

Then why are the Grain Co's saying it's because of no cars?

You saying they haven't moved any grain at all to make room for it, they knew it was coming when contracts were signed.

[Partners]

I understand blame it on no cars..but direct to crusher?
Bunge never has any issues for us..always on time..same with viterra..ours always goes in the signed month.
RP is playing with farmers minds.

[farming101]

Wm, no what I meant was the railways try to even out the work load and also have grain movement coordinate with their total traffic forecasts

Flattening demand is reducing the difference between peaks and troughs

[farming101]

Charts

[wmoebis]

Wm, no what I meant was the railways try to even out the work load and also have grain movement coordinate with their total traffic forecasts

Flattening demand is reducing the difference between peaks and troughs

The RR said cars were parked because of no orders. Grain Co's knew they had contracts signed for delivery they should have made room. They can rent baggers if nothing else, that is what farmers have to do.

[farming101]

Not sure which RR pulls where you farm but CP is really behind

[HappyFarmer]

July/Nov closed $22/t apart, what is traditional spread? . Nov shot past it's two most recent highs while July still didn't break it's last two recent highs (stay tuned). Maybe they're playing hard to get on the near by while trying to secure supplies further out for fall delivery.

Maybe the market woke up hungry in January, was fed well enough then went to sleep until it woke up hungry again...rinse and repeat.

What do I know? Uneducated "opinion"!

101...could you please throw July and Nov on a chart.

I think your probably right farma....narrowing in of the july/nov likely tied to some new crop positioning by some end users. Check out the may/july though..that sucker is gonna inverse soon. Good spread to play IMO.