Canola market crash

[Grain Farmer]

No interest free loans ,that's just paper work.
Cash in hand to pay bills or buy something.
Top up when truck gets dumped at the terminal.

[furrowtickler]

Every other industry gets bailouts
Farmers get more loans to dig deeper holes

[furrowtickler]

Better yet Canada under the liberal government has done nothing but virtue signal most of our major trading partners and cause the majority of these tarrifs
It needs to stop , not only that repair the damage done to trading relationships
Canada is an exporting nation that relies on wealth creating industries like ag , so smarten up and stop with the virtue signaling already . It’s decimating our economy

[redleaf]

Again.. whats the silver bullet here?

Direct to farm subsidies would be a mistake.
maybe a large break on crop insurance or a ceba type low interest loan? ( whats different from that and direct to farm.subsidies tho....)

Im surprised that canola isnt down around 11$/ bushel in this situation.

Oh ya for sure direct to farm subsidies would be a mistake. Any compensation would have to be laundered through political channels and administered by large corporations……….I’m sure they would see to it that the money got into the right hands.

[wmoebis]

Is China even on the market for Canola right now? Like do they have tenders out and what CDN grain company sells the most to China? Or is this all just smoke and mirrors to drive down price before they come back on the market?

[LEP]

Is China even on the market for Canola right now? Like do they have tenders out and what CDN grain company sells the most to China? Or is this all just smoke and mirrors to drive down price before they come back on the market?

They just bought their first boatload from Australia. First in years. They have been in a trade dispute for awhile.

It's our turn now.