CROPS
Corn
Soybeans
Wheat
Canola
Field Guide
Pulse
Cotton
Hay & Forage
Horticulture
Yield Data Centre
LIVESTOCK
Swine
Beef
Dairy
Poultry
Equine
EQUIPMENT
Used Farm Equipment
Farm Equipment Dealers
Machinery News
Technology
Cool Tools
OTHER RESOURCES
Ag Industry News
Agriculture Apps
Agriculture Associations and Organizations
Business & Finance
COVID-19 Resources
Farm Auctions
Farm Energy
Farm Real Estate
Farm Safety
Farm Supplies
Farm Videos
Government & Policy
Mental Health
Precision Ag Conferences
Reflections on Farm & Food History
Rural Lifestyle
Weather
Farms.com Group Businesses
Media & Publishing
Advancing Women in Agriculture ConferenceAg Buyer's GuideAgConnectionAg & CountryAgriville.comAgSearch.com
Alberta Seed GuideBetter FarmingBetter PorkFarms.com Risk ManagementFarms.com Precision Agriculture Digital Digest
Seed ManitobaSeed WorldService Truck MagazineSmall Farm CanadaSpud Smart
Software & Services
Farms.com Professional ServicesPigCHAMP
Talent Solutions
AgCareers.comCareersInFoodCareersInGroceryDe Lacy ExecutiveFoodGradsGrasslands Recruitment Specialists
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

Time to Fertilize Wheat: What Producers Should Know Now - OSU Extension

Video: Time to Fertilize Wheat: What Producers Should Know Now - OSU Extension

In this segment, Brian explains why proper fertilizer timing is critical for wheat development and yield potential. Learn what producers should consider when making fertility decisions and how current conditions factor into effective nutrient management.
 
3 Questions for CLAAS's Eric Raby
Own two acres of land in outer space…sort of

Business News by Better Farming

General News by Better Farming

Forums by Agriville.com

Winter wheat harvest Highwood Montana ›
A real lobby effort results ›
U.S. Midwest Corn Pollination is Widespread in 13+ U.S. States! ›
Rain lottery ›
Winter wheat harvest Highwood Montana ›
Friday crop.report on a Thursday middle of July on ›
U.S. Midwest Corn Pollination is Widespread in 13+ U.S. States! ›
Current N pricing ›
Rain lottery ›
Friday crop.report on a Thursday middle of July on ›
Current N pricing ›

Machinery News by Better Farming

Manitou Group Chairman Jacqueline Himsworth Passes Away at 82
Manitou Group Chairman Jacqueline Himsworth Passe... ›

Crop News by Better Farming

Systemic risk pushing agribusiness toward a more integrated structure
Systemic risk pushing agribusiness toward... ›

Livestock News by Better Farming

Prop 12 Impact Sparks Food Cost Concerns
Prop 12 Impact Sparks Food Cost Concerns  ›

Sponsored Links: 

Highest Yielding Soybeans,  PigCHAMP Grow-Finish,  Precision Agriculture,  Swine Reproduction Software
Subscribe to our Newsletters Download Farms.com Apps Advertise with us
This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
You agree to our Privacy Policy and Terms of Access by clicking I agree.