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sourgum Long Time User
Joined: 11 Sep 2014 Posts: 876
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Posted: Wed Jan 13, 2021 1:10 pm Post subject: Canola to Mexico |
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About 10 December the Federal Katsura loaded 25,000 ton of canola @ Duluth Grain Terminal. This canola likely came out of Canada, believe they grow lots of it in western provinces.The ship got thru the locks and canals of the Great Lakes & St Lawrence Seaway, then arrived in port Progreso , Yucatan, Mexico on 10 JAN. Someone said the Soo locks are closing this week? This ship carried a couple dollars of cargo at 14 dollars /bushel in the holds. Thanks to our Canadian friends and farmers for helping balance out N American trade with yesterday's and today's tractors and combines. Markets are going bonkers for US & Canadian grains maybe this is some of the reason.
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coonie minnie Tractor Expert
Joined: 03 Feb 2013 Posts: 3163
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Posted: Wed Jan 13, 2021 2:38 pm Post subject: Re: Canola to Mexico |
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Thanks for sharing. Always good to see North American ag products on the move. I'm glad to see the resumption in trade. |
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retired farmer Tractor Guru
Joined: 15 Jun 2011 Posts: 4368
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Posted: Wed Jan 13, 2021 3:31 pm Post subject: Re: Canola to Mexico |
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Yes, but will they actually get paid for it? |
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rustred Tractor Guru
Joined: 01 Jul 2009 Posts: 34153
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Posted: Wed Jan 13, 2021 3:33 pm Post subject: Re: Canola to Mexico |
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this morning canola is 15.30 per bushel. |
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Masseyharrisnut Regular
Joined: 24 Nov 2020 Posts: 25
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Posted: Wed Jan 13, 2021 4:50 pm Post subject: Re: Canola to Mexico |
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Monday of this week canola delivered into Lethbridge ab. Was 15.70 per bushel and yes we get paid for it. You can get a check for the canola as soon as you are unloaded. |
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rusty6 Tractor Guru
Joined: 04 Mar 2003 Posts: 4180 Location: S.E.Sask.
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Posted: Wed Jan 13, 2021 6:15 pm Post subject: Re: Canola to Mexico |
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Thats probably the canola I sold back in July for $9.75 per bushel. I'm hearing targets at $15 are being triggered today. So I'm having a little sellers remorse I guess. Still got a chance to sell a few bushels at these good prices now so thats good. |
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Russ from MN Tractor Guru
Joined: 11 Feb 2006 Posts: 11842 Location: N MN
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Posted: Wed Jan 13, 2021 7:56 pm Post subject: Re: Canola to Mexico |
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They raise some canola in N Minnesota too. |
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