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Canola to Mexico

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Author  [Modern View]

01-13-2021 13:10:58

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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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Russ from MN

01-13-2021 19:56:40

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 Re: Canola to Mexico in reply to sourgum, 01-13-2021 13:10:58  
They raise some canola in N Minnesota too.

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01-13-2021 18:15:39

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 Re: Canola to Mexico in reply to sourgum, 01-13-2021 13:10:58  
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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01-13-2021 16:50:24

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 Re: Canola to Mexico in reply to sourgum, 01-13-2021 13:10:58  
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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01-13-2021 15:33:07

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 Re: Canola to Mexico in reply to sourgum, 01-13-2021 13:10:58  
this morning canola is 15.30 per bushel.

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Retired Farmer

01-13-2021 15:31:12

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 Re: Canola to Mexico in reply to sourgum, 01-13-2021 13:10:58  
Yes, but will they actually get paid for it?

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Coonie Minnie

01-13-2021 14:38:14

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 Re: Canola to Mexico in reply to sourgum, 01-13-2021 13:10:58  
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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