Canola deliveries by grade

[farming101]

#2 and #3 showing up at export terminals. About 250,000 tonnes so far this year. Looks like it has been blended off so far.


Pricing indicating a new leg lower is in the offing. Without a quick recovery to the Mar 480 area it would seem sub 470's are a target. Super long term support is at 462.

Continuous Soybean chart is near support, about 891.5. Right now I do not think this level will hold.

[Daylate]

I'm concerned about all these US beans sitting around. What happens when farmers need them gone? How is this gonna effect canola market?

[bucket]

I'm concerned about all these US beans sitting around. What happens when farmers need them gone? How is this gonna effect canola market?

I think the fact that Trudeau has started a pissing match with China is a bigger issue....at least trump owned his mistake with a 12 billion MFP payment....

Trudeau will keep saying stupid shit and **** our market....not only for canola but pulses as well....

[ajl]

This area is primarily responsible for the 2 and 3 canola as crops here (North Central AB) did not mature. Elevators bleanding as much as possible. Bids are around for 20% green at around $6 per bushel in area. Heard horror stories of even higher greens. Big story is how will China's economic collapse affect canola export markets? Canola council only has shipments in Aug and Sept on its website and no more recent data. Was looking for data elsewhere but have not found anything yet. Soy carryout also worrisome.

[furrowtickler]

This area is primarily responsible for the 2 and 3 canola as crops here (North Central AB) did not mature. Elevators bleanding as much as possible. Bids are around for 20% green at around $6 per bushel in area. Heard horror stories of even higher greens. Big story is how will China's economic collapse affect canola export markets? Canola council only has shipments in Aug and Sept on its website and no more recent data. Was looking for data elsewhere but have not found anything yet. Soy carryout also worrisome.

The green count covers a much bigger area than traders thought .
A lot of green in North West Sask as well .
Not all over but in many pockets .

[farming101]

Nov numbers and year to date. There would be a bit of container exports and unlicensed to the US on top of that.

https://www.grainscanada.gc.ca/statistics-statistiques/ecgwf-egcfb/ecgm-megc-eng.htm https://www.grainscanada.gc.ca/statistics-statistiques/ecgwf-egcfb/ecgm-megc-eng.htm

[Wheatking]

Any correlation between variety and green count.

[tmyrfield]

The green count covers a much bigger area than traders thought .
A lot of green in North West Sask as well .
Not all over but in many pockets .

this is simply unpossible
the new mega varieties and podshatter resistant varieties #selltheswather with $12.00/lb seed and all the latest technology. throw in global warming crisis and this simply cannot happen in this day and age.

or maybe just maybe mother nature has more to say than we think

[furrowtickler]

this is simply unpossible
the new mega varieties and podshatter resistant varieties #selltheswather with $12.00/lb seed and all the latest technology. throw in global warming crisis and this simply cannot happen in this day and age.

or maybe just maybe mother nature has more to say than we think

Yup Mother Nature does as she pleases sometimes.

[Oliver88]

All 3 prairie provinces are dealing with deliveries of green canola at the crushers.
It sounds like a huge area.