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Canola-Commercial Stocks

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  • farming101
    Senior Member
    • Mar 2011
    • 3955

    Canola-Commercial Stocks

    Week 46 - 1,229,700 tonnes 14.37% higher than week 46 last year. Haven't run out yet...
  • furrowtickler
    Senior Member
    • Dec 2004
    • 21997

    #2
    Is that mostly in commercial storage ? At coast ?

    Comment

    • bucket
      Senior Member
      • Jan 2008
      • 17030

      #3
      Could that be contracts for July delivery considered commercial stocks? That may still be on farm waiting to be delivered?

      Comment

      • farming101
        Senior Member
        • Mar 2011
        • 3955

        #4
        Canola in Commercial facilities as of June 20

        58.4% Primary Elevators
        13.0 % Process Elevators
        15.6% West Coast
        13.0% Thunder Bay and points east

        Maybe another 140,000 tonnes in transit on water and rail

        Comment

        • errolanderson
          Senior Member
          • Jan 2012
          • 3138

          #5
          Stats Can pegged canola acres too low last year and this year as well . . . .

          Now its showing up as a higher carryout heading into crop year end. Stats Can should hike canola acres on Tuesday. If they don’t, they are wrong again. My opinion . . . ,

          Comment

          • crusher
            Senior Member
            • Jun 2001
            • 1189

            #6
            When canola hits $24, like it did, tells me there wasn't much left to sell. I've got some in storage, but its all sold. Always has to be something in the pipeline.

            Comment

            • farming101
              Senior Member
              • Mar 2011
              • 3955

              #7
              How many acres of canola there is will not mean anything this year.
              Crop prospects for 2021 are grim.

              Comment

              • shtferbrains
                Senior Member
                • Jun 2017
                • 5254

                #8
                Plants are all still crushing?
                Bunge seems to be running as usual. Trucks still going by here though not many recognizable. Mostly Super-B very few local tri axle.

                Comment

                • Partners
                  Senior Member
                  • May 2010
                  • 3105

                  #9
                  Some crops are awesome.
                  Some look like they need a cultivator.
                  Going to be a major flop..

                  Comment

                  • TOM4CWB
                    Senior Member
                    • Dec 2000
                    • 16511

                    #10
                    Originally posted by Partners View Post
                    Some crops are awesome.
                    Some look like they need a cultivator.
                    Going to be a major flop..
                    Nov. 21- High $763.00 Low-$717.00... Will the forecast for below average rain for the next 30 days be right.

                    I have never seen more Canola planted in north central AB. most came up ok.

                    Will we get showers... or will it be a 2002 drought event.

                    This will be wild volatility... with expanded limits and algorithms... sold a little 2red 13 for $9.56 yesterday. WOW. Cheers

                    Comment

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