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Did Cargill and Richardson sabotage canola to China?

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  • macdon02
    Senior Member
    • Sep 2007
    • 1858

    Did Cargill and Richardson sabotage canola to China?

    https://www.producer.com/2019/07/new-light-shed-on-chinese-canola-dispute/?module=author-bio-recent&pgtype=article&i=

    Was it a "we'll buy it at 60 cents on the dollar and get stinking rich deal"?
    Last edited by macdon02; Jul 15, 2019, 13:46.
  • hobbyfrmr
    Senior Member
    • Feb 2008
    • 3178

    #2
    Originally posted by macdon02 View Post
    https://www.producer.com/2019/07/new-light-shed-on-chinese-canola-dispute/?module=author-bio-recent&pgtype=article&i=

    Was it a "we'll buy it at 60 cents on the dollar and get stinking rich deal"?
    It still is....

    Comment

    • SASKFARMER
      Senior Member
      • Dec 2005
      • 7049

      #3
      Something smells like fish it probably is fish. Follow the Money.

      Still moving the same amount of product as before just to other areas yet the price is a piece of Shit.

      Oh, the massive amounts in bins are also the worlds biggest Bullshit.

      Comment

      • sawfly1
        Senior Member
        • Sep 2016
        • 947

        #4
        Not really a lot of info there.
        To tell anything.
        But for Cargil and Richardson that sounds like the plan all along.
        No communication with the council or govt. to protect their proprietary intrests.

        Without more info , I would still
        Be inclined to blame our hostage taking efforts for the Americans.

        Watched BNN interview with
        Richardson VP .
        Was asked how much they were losing because of this.
        He never seemed too concerned.
        Oh it is early yet and just happened.

        You would have to assume the interviewer and the VP knew who was taking the hit on this .

        But it never was mentioned.
        Just poor Richardsons.

        As they showed a field of canola . And a combine doing yellow
        Peas.
        Yesh.

        Comment

        • westernvicki
          Senior Member
          • Mar 2014
          • 867

          #5
          Export of oil is fine. Invest in crush.

          Comment

          • bucket
            Senior Member
            • Jan 2008
            • 17035

            #6
            Originally posted by westernvicki View Post
            Export of oil is fine. Invest in crush.
            Cargill and Richardson will as soon as they get some more government funding. ....those exceptional capitalists that they are....

            While farmers are out at least 3 bucks a bushel because of ...

            A. Huawei executive issue
            B. Trumps 27 billion to farmers..

            Comment

            • TASFarms
              Senior Member
              • Feb 2014
              • 1358

              #7
              Why isn’t canola $11.89 a bushel if soybeans are $9.12 bushel. Ice futures is 99% under one persons control. Need an inquiry into how it’s getting manipulated

              Comment

              • bucket
                Senior Member
                • Jan 2008
                • 17035

                #8
                Originally posted by TASFarms View Post
                Why isn’t canola $11.89 a bushel if soybeans are $9.12 bushel. Ice futures is 99% under one persons control. Need an inquiry into how it’s getting manipulated
                Because they can and we don't have any politicians interested in agriculture.....

                Comment

                • blackpowder
                  Senior Member
                  • Feb 2010
                  • 9345

                  #9
                  I think the bloom is off canola for good.
                  New producing countries. End users switching products and suppliers.
                  The maturing of a raw commodity market.
                  We'll have to crush.
                  Continuing of ever narrower margins for us.

                  Comment

                  • blueversi
                    Senior Member
                    • Apr 2013
                    • 457

                    #10
                    Originally posted by blackpowder View Post
                    I think the bloom is off canola for good.
                    New producing countries. End users switching products and suppliers.
                    The maturing of a raw commodity market.
                    We'll have to crush.
                    Continuing of ever narrower margins for us.
                    I've been thinking these crush plants will meet the same fate as the alfalfa dehy plants of the northeast.

                    Comment

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