China refuses purchases of all Canadian canola;

[blackpowder]

Yes it starts with Trump and of course governments are waking up to Huawei's spying.
But really, if Trudeau was on the same level as Trump, would we be here now?

[Oliver88]

If Trudeau actually cared about this issue we would have a competent ambassador to China.

[SASKFARMER3]

If our leader Trudeau cared about anything other than his socks and pride parades and helping the UN. Focused on Canadian issues like a real leader we wouldn’t even be at this page. We should be out of canola after trump and China got into a trade war because of no soy sales. We should of been making money not losing.

Slapaliberal

[AlbertaFarmer5]

Price won't drop to nothing as jazz had said, as the price drops more customers become interested, so the loss won't be like there won't be a market for it at all. It'll go other places, but it will be less.

Not only will it go to other places, it will go through other places on it's way to China to avoid the ban, just like US soybeans to China.

China is good at this game too. Where Venezualan couldn't sell oil to the US, but no one else in the world could process it. So the Venezualans sold it to the Chinese at rock bottom prices, who sold it to US refiners at a healthy profit.

[pourfarmer]

1. Sell canola to Mallee
2. Mallee sell canola to China
3. Profit

Rules taken right from the grain broker 101 text book.

[SASKFARMER3]

Now oil and meal. Yea it’s about bugs!

Trudeau and company F$&ked up and we’re going to pay.

Canola down 15.80 now

[grassfarmer]

Right now peas 1000

HRS 6000

Oats 1000

Barley 1000

Canola 1000

So yea I could go.

3000 canola down 2000

6000 HRS up

500 peas flat

500 barley flat.

Have you got inside information SF3 or are you a market contrarian tripling your planned canola seeding acres between the first post on Wednesday and the second today despite the market news?

[malleefarmer]

Thanks mallee that's mostly right. Tasmania has a ban on GM canola to be reviewed in November. Australia produces about 10% of what Canada produces, so not very much. About half of that is crushed domestically. Most of the canola grown is triazine tolerant so not GMO. The uptake of GM or RR or Truflex for that matter has been poor due to high cost of seed, poor performance etc. No Liberty Link here or Clearfield. The main weed problem is ryegrass and that's resistant to gly so most guys have stayed with brown bagged triazine tolerant here in western Australia
To have some sort of weed control guys spray 2 or 3 times over the summer to knockdown anything that comes up after harvest. Usually spiked gly followed by paraquat. Rinse and repeat till seeding. Then preplant treflan atrazine and propizamide followed by atrazine top up. Come September there's usually another flush of weeds so in October the fields are again sprayed with either gly if the canola is left standing or paraquat under the knife if swathed. A lot of the exported canola goes to Europe for biofuels because the west Australian canola has very high oil content. Lots goes to Japan and Malaysia. Some canola is exported to China but they are not too concerned with gly residue yet because it doesn't represent a lot of the volume coming in the country. Mostly used to feed the 5 billion chickens. So in essence whether Australian canola is ****d with gly or not is a non issue at the moment in China's eyes but let me assure you that testing and traceability has definitely stepped up.

Well guys read this from austranada hmmm thinking hes actually based on the wide open prairies of western canada not sure why he says otherwise. Not quite what happens in oz so maybe he has connections with australian ag.

Not a shot at the guy just a tad misinformered.

[Guest]

Well guys read this from austranada hmmm thinking hes actually based on the wide open prairies of western canada not sure why he says otherwise. Not quite what happens in oz so maybe he has connections with australian ag.

Not a shot at the guy just a tad misinformered.

That was obvious long ago.

[farmaholic]

Got my first "NO BID" on canola GrainCo text...YAY.