Loonie forecast to hold its own against U.S. greenback

The loonie will likely continue to weaken against the U.S. dollar, but should stay close to parity in medium to longer term, says ScotiaBank’s chief currency strategist. “The path of least resistance for the Canadian dollar in the near term is weaker,” said Camilla Sutton. However, lower global growth along with the less hawkish stance



Fall in grain prices inevitable

Speakers at Canada Grains Council say too many farmers have forgotten that high prices eventually fall

Watch out! The five-year run of high grain prices is going to end — possibly sooner than later — and those producers who are in denial could be in for a painful reckoning, attendees at the recent Canada Grains Council annual meeting were warned. “There is a lot of optimism out there and a lot



Customer complaints about Canadian wheat performance colour quality, brand debate

They come at a time when some question Canada’s emphasis on
wheat quality assurance and the registration system

If there is good news in a recent wire service story that told the world some customers are complaining about Canadian wheat that wimped out in the bakery, it’s that complaints over quality are so rare they become news. Chinese officials complained this past winter, suggesting that a lack of processing consistency in the CWRS

Unexpected stocks of U.S. soybeans pressure canola

Canola values on the ICE Futures Canada trading platform moved lower during the week ended April 5, with declines a function of chart-related speculative liquidation orders as well as the downward price action experienced in the CBOT (Chicago Board of Trade) soybean complex. The continued declines seen in Malaysian palm oil and European rapeseed futures


A sample options strategy for soybeans

We recently had the privilege of co-presenting with the CME Group at their CBOT Grain Options Workshop during the annual Wild Oats Grainworld conference in Winnipeg. Here’s an overview of that event including what is risk, what is risk management and a straightforward strategy you can use to protect yourself against falling grain prices. What




Price bubbles and commodity markets

Athoughtful new paper from researchers at the University of Illinois marks a significant step forward in research on how commodity futures prices are formed. Until recently, the academic and policy debate about futures price formation has been locked in an acrimonious and polarized standoff between market fundamentalists, who insist all price moves reflect supply-and-demand fundamentals,