New CWB has role in open market

Western farmers have long been divided over the Canadian Wheat Board’s monopoly, but farmers on both sides of the debate can agree the new CWB’s role is to add competition to the marketplace, says CWB vice-president for grain procurement Gord Flaten. The CWB provides farmers with the option to pool wheat, durum and barley sales,

U.S. judge delays efforts to rein in speculators

AU.S. judge has knocked back tough new rules to clamp down on excessive speculation in commodity markets, handing an 11th-hour victory to Wall Street’s biggest banks and angering lawmakers concerned about high prices for gasoline and other raw materials. Just two weeks before the “position limits” rule was to take effect, U.S. District Court Judge


Classic topping action in soybean meal

Each day’s prices and the pattern configurations are a direct result of human decisions to buy and sell

Technical analysis is the study of market movement. Its strength and popularity comes from the assumption that future price direction can be predicted by studying a market’s past activity. Technical analysis is concerned exclusively with the market and certain statistics the market generates — prices, volume and open interest. In technical analysis, no consideration is




CWB announces 2012-13 initial payments for canola

CWB will pay farmers delivering canola into its Harvest Pool a $475-per-tonne initial payment for No. 1 and $462 per tonne for canola graded No. 2, the company announced Sept. 4. The initial payments, which are guaranteed by the federal government, represent a portion of expected final returns. The current pool return outlook for No.






Pardons for border runners raise questions

Now that the CWB is changed, Stephen Harper says farmers who broke the law in the 1990s deserve to be pardoned

Prime Minister Stephen Harper’s decision to pardon some of the western farmers convicted of contravening Customs Act regulations in the 1990s is raising eyebrows. “Where does that stop?” Bob Roehle, a former CWB employee and member of Friends of the Canadian Wheat Board asked. “In a democracy, do I get to choose which laws I