Canola futures on the ICE Canada trading platform were little changed during the week ended November 26. Some fractional advances were seen in the nearby contracts while the more deferred values experienced some minor losses. The general upward momentum seen in CBOT soybean and soyoil values provided a firm floor for canola, as did the
Traders Begin To Focus On Wheat Prospects For 2011
Commodity Price Pressure Made In China
Canola futures on the ICE Futures Canada trading platform suffered some price weakness during the week ended Nov. 19, but were well off the lows established. The continued liquidation of long positions by nervous speculative fund account holders generated the declines. That selling was again inspired by a knee-jerk reaction to news that the Chinese
China’s Tight-Money Policy Drags Down Commodities
Canola futures on the ICE Futures Canada trading platform maintained an upward price trend for much of the week before the Chinese government’s decision to keep a tight monetary policy sent world currencies into a frenzy and sparked a massive speculative sell-off of commodity positions. The speculative liquidation essentially sent CBOT (Chicago Board of Trade)
Cattle Stacked Up At Markets Following Stormy Weather
Au c t i o n marts across Manitoba saw a surge in numbers during the week ending Nov. 5, as many producers were forced to hold on to some cattle longer than they had wanted after a significant storm hit parts of Manitoba during the final week of October. Ross Taylor of Taylor Auctions
Supplies, Domestic Demand, Prices All Strong
Wi t h ha r-v est operations now virtually complete across Manitoba, auction marts across the province saw large volumes during the final week of October, as the fall calf run brought in big numbers of cattle. Keith Cleaver, manager of Heartland Livestock in Brandon, said it was a good week to be selling. “The
Cyber-Savvy Farmer
