Canola market crash

[furrowtickler]

This liberal government is pretending to save a handful of EV jobs while costing western Canadian canola growers billions in lost revenue.

[bucket]

I have said it for years that the farm groups have poor representation.

One guy has had 2 maybe 3 federal ag ministers to his farm and has resulted in zero acknowledgment to the canola tariffs from China.

This highlights how little they accomplish while patting themselves on the back.

[goalieguy847]

Weird. China does it again.. everry. Single.. yr.. some horsecrap tariff.
black leg.
Anti dumping.
etc. Etc.

Drive the price down... buy up a bunch. Price comes back around ( ish) and then they do it again.

i imagine pea price took a tumble as well?

[farmaholic]

What happens if the American foot drops on the Canadian canola market and a tarrif gets announced on canola and it's derivatives.

"WOULDN'T IT BE NICE IF IT DIDN'T MATTER"?! Sometimes I don't know why we do this.

[blackpowder]

I told the apprentice to sell all green peas on the fall ship. They did half.
$13 at bin. Fell to $11.75 ("we can't sell them" from the merchants). To this.
Don't think a PM has uttered the word canola since Harper.

[TASFarms]

What happens if the American foot drops on the Canadian canola market and a tarrif gets announced on canola and it's derivatives.

"WOULDN'T IT BE NICE IF IT DIDN'T MATTER"?! Sometimes I don't know why we do this.

The way it’s going it’s only a matter of time. Should have sold a lot more.

[SmallTimeOperator]

Hopefully…China must be getting ready to buy some canola and peas. They are just crashing the market first…

[goalieguy847]

Thats the beauty of a moving market....


the second you price your contract, youre wrong!

Didnt sell enough.. or sold too much!

Thats a tough kick tho...
Right in the teeth.... between the price of wheat, the chinese target that canola has on its back.. the cost of fertilizer...
this could really be a horrid yr to have high rents and high equipment costs.

[zeefarmer]

Wonder if the drop in canola will result in a drop in fertilizer prices? *sarcasm emoji*

[fcr]

this issue isn’t new and our conservative mp,s have said nothing. i contacted mine when this issue first surfaced , never heard nothing back.