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Canola

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  • sumdumguy
    Senior Member
    • Mar 2007
    • 11967

    #81
    if rail lines wash out on way to Vancouver, how long fo you think it will take to rebuild them in our Covid world.

    Comment

    • wheatking16
      Senior Member
      • Apr 2010
      • 553

      #82
      Originally posted by sumdumguy View Post
      if rail lines wash out on way to Vancouver, how long fo you think it will take to rebuild them in our Covid world.
      A long time.

      Comment

      • Rosco7
        Junior Member
        • Jun 2019
        • 5

        #83
        At least CN shippers have the option of Prince Rupert. That facility better pull up its socks and prepare to get at it.
        Rosco

        Comment

        • furrowtickler
          Senior Member
          • Dec 2004
          • 21856

          #84
          Most crop in this area gone already
          Not much left on most farms here and east

          Comment

          • Rareearth
            Senior Member
            • Aug 2012
            • 1617

            #85
            Very grain market up today, except canola (down $15)

            Impossible to figure this stuff out with out export reporting. Thats why its going down, right? With the rail service repairs cant get canola to port so importers don’t bid the market up, right?

            I hope no one sells into this.

            Comment

            • GDR
              Senior Member
              • Oct 2016
              • 1659

              #86
              Originally posted by Rareearth View Post
              Very grain market up today, except canola (down $15)

              Impossible to figure this stuff out with out export reporting. Thats why its going down, right? With the rail service repairs cant get canola to port so importers don’t bid the market up, right?

              I hope no one sells into this.
              I would assume that the slide is due to speculator fear of export canola dropping short term. All money guys jumping ship not grain companies. Reality is I doubt much new sales for canola will export west anyhow, grain companies have their committed sales and they will have to wait till rail service resumes or ship to PRupert. Anything they are buying now is going to crush plants. Hard to stomach some days but just gotta give it some time and it will jump back up with fireworks.

              Comment

              • TOM4CWB
                Senior Member
                • Dec 2000
                • 16511

                #87
                Originally posted by GDR View Post
                I would assume that the slide is due to speculator fear of export canola dropping short term. All money guys jumping ship not grain companies. Reality is I doubt much new sales for canola will export west anyhow, grain companies have their committed sales and they will have to wait till rail service resumes or ship to PRupert. Anything they are buying now is going to crush plants. Hard to stomach some days but just gotta give it some time and it will jump back up with fireworks.
                New Crop 2022/23 [$838/$841 are up, as are May and July... rebalance going on... New crop Nexera now $20.50 plus bonuses

                Cheers

                Comment

                • furrowtickler
                  Senior Member
                  • Dec 2004
                  • 21856

                  #88
                  Originally posted by TOM4CWB View Post
                  New Crop 2022/23 [$838/$841 are up, as are May and July... rebalance going on... New crop Nexera now $20.50 plus bonuses

                  Cheers
                  Does new crop have act of god ?

                  Comment

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