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Viterra Announces Intent to Build World Class Canola Crush Facility in Regina

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    #11
    The Crush will help so that we don't have the China Scare like before and no federal help when it was Ottawa that hurt our Canola industry.

    This is good news but yes all are owned by elevator companies that ship also. Premium maybe not.

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      #12
      Yorkton RP Price has been lower than RP at wadena for awhile now..
      Plus 34 cents for us to get it to yorkton..
      Bunge kicking ass in this area now.

      Comment

        #13
        ADM
        Bunge
        Louis Dreyfus

        Not big in the primary elevator sector

        Comment

          #14
          Could they be building in Regina because the end-game is actually bio diesel, maybe reading the trudeau tea leaves? Forcing Ag to reduce carbon?

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            #15
            The questions are...

            1. How many litres of biodiesel from a bushel of canola?
            2. How does the price of biodiesel correlate to canola price?
            3. Do you pay carbon tax on biodiesel?

            All valid questions?

            We have world class refineries in Saskatchewan for heavy oil . We supply our own needs within Saskatchewan. And yet we are taxed like crazy on everything.

            Now we are getting world class canola oil refineries that should be as environmentally friendly as solar and wind but farmers are excluded from any carbon offsets????
            Last edited by bucket; Apr 27, 2021, 08:12.

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              #16
              Sat down with local manager and slid receipts across desk to him. Local. Viterra compared to local purchaser for crush. Easily one or two percent dockage. Difference explained as size is teen for export vs domestic crush. Will this change if viterra builds their own facility.

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                #17
                Originally posted by bucket View Post
                The questions are...

                1. How many litres of biodiesel from a bushel of canola?
                2. How does the price of biodiesel correlate to canola price?
                3. Do you pay carbon tax on biodiesel?

                All valid questions?

                We have world class refineries in Saskatchewan for heavy oil . We supply our own needs within Saskatchewan. And yet we are taxed like crazy on everything.

                Now we are getting world class canola oil refineries that should be as environmentally friendly as solar and wind but farmers are excluded from any carbon offsets????
                1. About 10-10.5 litres based on 44% oil from memory. Easy to make.
                2. When canola was 5 bucks it pencilled out
                3.Dunno

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                  #18
                  recent ritchie sale had a small bio diesel plant in it

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