Grain Markets & Farming Articles - Manitoba Co-operator

Prime minister celebrates grain-marketing freedom

By Allan Dawson August 10, 2012

The new CWB says it’s ready to compete in an open market and  buoyed by a good crop, high prices and farmer support

The drama over the demise of the Canadian Wheat Board single desk showed no sign of abating last week as the new era of open grain marketing began. Prime Minister Stephen Harper told several hundred cheering farmers gathered at a farm near Kindersley, Sask. Aug. 1 farmers who ran the border to challenge the board’s

Cereals, Crops, Grain Markets, News

CWB sees good crop, good quality, good prices ahead

By Allan Dawson August 10, 2012

Western Canadian farmers were beginning to harvest a bumper, high-quality crop at a time of strong world prices that are expected to remain that way during the 2012-13 crop year, a CWB official said last week. Widespread drought in the American Corn Belt and the wheat-growing areas of Russia, Ukraine and Kazakhstan, is positive for

Cereals, Crops, Grain Markets, News, Oilseeds

CBOT, MGEX wheat mostly lower on the week

By Phil Franz-Warkentin August 10, 2012

The canola market saw another week of ups and downs during the period ended Aug. 3, but managed to finish on the plus side overall. U.S. weather concerns and uncertainty over the size of the canola crop itself provided underlying support. With early harvest operations expected to pick up steam over the next few weeks,

Cereals, Crops, Grain Markets, News

New CWB offers higher initial payments

By Manitoba Co-operator Staff August 10, 2012

The government-backed CWB has upped the ante in the new market environment by offering higher initial payments on its Early Delivery Pool and Harvest Pool. The CWB released information on its 2012-13 initial payments July 30, two days before the launch of the open market in Western Canada. The payments apply to wheat, durum and

Cereals, Crops, Grain Markets, News, Oilseeds

Corn and soybean prices rally to a record high

By David Drozd August 10, 2012

For the first time in history, corn reached $8 per bushel on the nearby futures chart and soybean prices posted a new historical high of $17.77-3/4 per bushel on July 20, 2012. This exceeded the previous high of $16.63 in July 2008. There are countless headlines depicting the “Drought of 2012” as the worst the

Cereals, Grain Markets, News, Oilseeds

Canola prices slide as harvest begins

By Dwayne Klassen August 10, 2012

Weather issues continued to dominate the price patterns experienced by the oilseed markets located on the ICE Canada platform and the Chicago Board of Trade during the week ended July 27. The price movement in both resembled that of a roller-coaster with the up-and-down movement far from being over. ICE canola futures lost $36 to

Cereals, Crops, Grain Markets, News

Single-desk supporters appeal to Supreme Court

By Manitoba Co-operator Staff August 10, 2012

The group Friends of the Canadian Wheat Board is seeking leave to appeal to the Supreme Court of Canada regarding a Federal Court of Appeal ruling overturning a Dec. 6, 2011 ruling by Federal Justice Campbell. It will be joined in its bid to challenge the federal government’s decision to end the CWB’s single desk

Cereals, Crops, Grain Markets, News, Oilseeds

CWB monopoly ends,open market begins

By Allan Dawson August 10, 2012

As the fluffy, golden-awned heads of barley flowed seamlessly into Ron Sabourin’s combine last week, he was more focused on getting this year’s crop in the bin than he was with the dawn of a new marketing era in Western Canada. Sabourin started pricing out this year’s wheat last December and doesn’t plan to use

Cereals, Crops, Grain Markets, Oilseeds

Hot U.S. temperatures make for hot markets

By Dwayne Klassen July 30, 2012

Canola futures on the ICE Canada platform continued their upward trek during the week ended July 20 with the weather concerns in the U.S. Soybean Belt providing much of the price strength. The gains in canola ranged from $20 to $24 per tonne. The new long-range weather outlooks (as of July 20) for the main

Cereals, Crops, Grain Markets, News, Oilseeds

Weather’s grip on grain markets begins to weaken

By Dwayne Klassen July 20, 2012

Weather-related issues in the U.S., which have provided ICE Futures Canada canola futures with much of its support, seemed to run out of some steam during the week ended July 13. The three nearby months managed to post gains of roughly C$3 to C$5 per tonne, while the further-out months actually lost ground. Early in

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Klassen: Negative margins weigh on Western feeder cattle market

Grain Markets

Prime minister celebrates grain-marketing freedom

CWB sees good crop, good quality, good prices ahead

CBOT, MGEX wheat mostly lower on the week

New CWB offers higher initial payments

Corn and soybean prices rally to a record high

Canola prices slide as harvest begins

Single-desk supporters appeal to Supreme Court

CWB monopoly ends,open market begins

Hot U.S. temperatures make for hot markets

Weather’s grip on grain markets begins to weaken

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