Canola market crash

[furrowtickler]

We need to see the same reaction from every single business in western Canadian Ag immediately

[furrowtickler]

I mean everyone that depends on our money to keep their lights on
Richardsons, P&H , John Deere , Case NH , Corteva, BASF , Bayer , Nutrien …. all of them

[blackpowder]

I mean everyone that depends on our money to keep their lights on
Richardsons, P&H , John Deere , Case NH , Corteva, BASF , Bayer , Nutrien …. all of them

All of whom have offices or plants in China.
Be careful assuming who depends on us.

[wmoebis]

All of whom have offices or plants in China.
Be careful assuming who depends on us.

Yes are they disputing the claim that they are dumping Canola? Maybe they are dumping just to make sales and lower the price at Canadian farm gate. What happened to open and transparent market like we were suppose to get after getting rid of the farmers Marketing Board?

[blackpowder]

Respectfully, you need to get out in the world.

[biglentil]

The fertilizer price is set by the WEF partners OCP group, Yara, Wes Farmers, Louis Dreyfus, Nutrien..... "Free market" give me a break.

[Grain Farmer]

Not only our farm stuff we buy it affects all of us.
no trips,don't need that new truck, boat, quad, holiday anywhere.etc.
But news makes it sound that farmers take another hit.all other's are safe from this .

[shtferbrains]

The fertilizer price is set by the WEF partners OCP group, Yara, Wes Farmers, Louis Dreyfus, Nutrien..... "Free market" give me a break.

The days of the regional companies are gone and mostly forgotten.
All been consolidated to achieve "efficiency ".
Even CF Industries isn't a Coop any more.

[SmallTimeOperator]

Re: Fertilizer, equipment, etc
How about this….maybe fertilizer price does not follow the price of corn, or canola, but is priced at what the market will bear. By that, I mean, if there are willing buyers of said product, in any given area, why would any company put out a lower bid price if they don’t have to?

Compounding this is the sales talking points, like fall is the best time, better get it before the next price increase, or what if you sell a portion of your grain in storage and then buy a portion of your fertilizer. All talking points used to talk YOU into parting with your money.

Want to do something about the price of fertilizer? How about if nobody bought any for the next 3 months? I bet the price would go down, as the price that no one is buying at is not what the market will bear. Suppliers would be forced to lower their price.

Can we all agree on a price? Nobody is allowed to pull the trigger on a purchase unless it hits the target? $450 Urea. $650 phos. And on Combines and Tractors. $500,000 for a brand new Class 9 Combine or 600hp Tractor. Are you in? If not, then don’t bitch about the price of anything. Go broke quietly.

[wmoebis]

Like an Input Purchasing Board instead of marketing board? It was said CWB drove down price so use the same to farmers advantage. IPB prices and buys buys all inputs and everyone pays the same, that way they can control the price. Oh I'm sure some would say they can buy cheaper on their own tho.