Hedge funds get bullish on corn and natural gas

Hedge funds and other big speculators raised their bullish bets on U.S. commodities for the first time in five weeks, piling mostly into natural gas and corn due to favourable supply-and-demand situations, trade data showed Mar. 15. Natural gas saw close to $2 billion worth of new net long contracts by the so-called money managers



Analysis: Are we near peak biofuels?

It is now clear, depending on where the boundary is set in life-cycle estimates of carbon emissions, 
that some biofuels offer limited or no benefits compared with conventional gasoline

London / Reuters / A stalled biofuel industry will need to produce far more efficient fuels to avoid setting off another bout of arguments over its contribution to boosting energy security and cutting carbon emissions. Biofuels had a difficult 2012. In the United States, Energy Information Administration data show production through November fell compared with

Hard red winter futures trading set to expand

The CBOT has acquired the Kansas City exchange and will move trading of the benchmark contract to Chicago

The Kansas City Board of Trade’s lightly traded hard red winter wheat futures contract is positioned to become the new benchmark for U.S. wheat prices following a takeover by CME Group, traders said. The size of the U.S. hard red winter wheat crop is the best argument for why volumes for the futures contract that





Demand and prices are positive for peas — but seed is in short supply

There’s good money to be made in peas these days but producers such as Jason Hodsen 
are struggling to find sufficient supplies of seed

A small green and yellow pea crop in 2012 and increased demand is pushing old-crop prices to new heights this spring, while limiting the amount of available seed. “There is a potential for a very strong market for the next few years,” Jackie Kress, senior grain manager for Legumex Walker, said at the recent Wild

Food manufacturers could soon be paying more for oats

The elimination of European oat tariffs could present new 
opportunities for North American oat growers

Without a rebound of the equine oat market, oat growers could see the crop slide into special crops territory and lose its spot on the Chicago Board of Trade. Losing the CBOT oat contract is a development that would cost producers and processors dearly, according to Randy Strychar of Ag Commodity Research, who spoke about


Malt barley facing stiff competition

More malt barley in Western Canada will be grown solely on a contracted basis as increasing competition from easier-to-grow genetically modified crops will cause producers to turn away from malt barley, Patrick Rowan, senior manager of Canadian barley operations with BARI-Canada said at the annual Wild Oats Grainworld conference Feb. 26. Genetically modified soybeans and

Dry soils, high prices prompt farmers’ return to wheat and durum

Farmers in drier regions of the 
western Prairies flirted with canola 
but are turning back to the tried and true

Attractive prices and weather issues are expected to help farmers in Canada take a serious look at seeding more acres to wheat this summer than in previous years, according to industry sources. “Last year a lot of farmers took a chance with canola given the high financial returns, but the drier-than-anticipated conditions across parts of