Farms.com Home   News

Component Pricing In Canola - Weighing The Options

SaskCanola supports the current marketing system for canola. Upon analysis completed by New West Public Affairs there will be no net benefit to Saskatchewan canola producers of a component pricing marketing system. 
  1. The export market would be inclined to switch to an alternative oil (soybean or palm) before paying a premium because canola oil is
    easily substitued and the importers of canola seed are price sensitive.
     
  2.  Weather and the length of growing season have the most impact on oil content therefore producers have limited ability to increase oil content through management practices. Farmers can choose higher oil varieties, but the range of oil content is quite narrow.
     
  3. Increasing complexity of the canola market will add costs with administration, segregation, and testing, which would add costs to an efficient system.
     
  4. The supply chain is already extracting most of the value available in the canola market therefore a baseline would be set with premiums which would also need to be offset by discounts.
 
Source : Saskcanola

Trending Video

What I’m Checking Behind the Planter This Spring

Video: What I’m Checking Behind the Planter This Spring



This is the first episode of a new behind-the-scenes series on our farm.

Today I’m checking behind the planter looking at planting depth, seed-to-soil contact, and making sure we’re placing seed into moisture, even in a dry spring.

Everything can look good from the cab, but this is where you find out what’s really happening.

We also ran into a prescription issue that slowed us down, which is a good reminder that even when conditions are ideal, the little things still matter.

If you’re planting right now, it’s worth taking a few minutes to check behind your planter.