Seasonal Canola

[farmaholic]

Local basis widened out to more than $47/tonne for nearby months.

[farming101]

Local basis widened out to more than $47/tonne for nearby months.

Whaat! You mean grainco's can take a cookie too? See post #22

https://www.youtube.com/watch?v=KTFJ9gjfAXg https://www.youtube.com/watch?v=KTFJ9gjfAXg

42 ships on the west coast as of Sept 13.

[jazz]

42 ships on the west coast as of Sept 13.

These are all waiting for canola?

[farming101]

These are all waiting for canola?

No, all grains

[jazz]

No, all grains

A ship would not sit floating empty without some certainty they are getting product soon.

This has to be all the pre bookings before harvest.

[bucket]

Local basis widened out to more than $47/tonne for nearby months.

Demurrage costs money

[farming101]

According to GMP three ships have been here for more than 26 days.

Average time in port for vessels that sailed in the week ending Sept 13 is around 15 days

[jazz]

According to GMP three ships have been here for more than 26 days.

Average time in port for vessels that sailed in the week ending Sept 13 is around 15 days

Would be nice to know more about the logistics behind all this.

Are these actual sales or are ships just rolling up on our shores on the assumption we will sell a bunch before the snow flies.

[farming101]

Would be nice to know more about the logistics behind all this.

You can say that again....

[beaverdam]

Local basis widened out to more than $47/tonne for nearby months.

Too funny, Ceres Northgate id $70.00/t basis.

Guess your not in the ghetto after all !