Spring Rains: Bullish Or Bearish?

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. ICE Futures Canada’s canola futures were range-bound once again during the week ended May 28, although the bias was to the downside in most months as the Canadian dollar managed to claw back off of its recent lows. The currency

U. S. Grain Trade Gauging La Niña Risk

Grain traders are concerned that a La Nińa weather event could produce hotter, drier weather in the U. S. Midwest this summer, potentially lowering crop yields. During a La Nińa, a cooling of sea surface temperatures in the equatorial Pacific Ocean alters weather patterns around the globe. Grain traders associate La Nińa with warmer and



EU Uncertainty, Weather Fog Up Crystal Ball

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. ICE Futures Canada canola futures experienced some choppy trade during the week ended May 21. Large movements in the outside financial markets, together with improving crop conditions across Western Canada, had sent values to fresh contract lows at one point


Distillers Grains Making Inroads In Feed Market

– Daniel O’Brien “The question is, how much distillers grain is being used? The answer is, Every bit of it.” U. S. livestock and poultry producers will boost use of distillers grains during the next five years and decrease the amount of corn they feed their animals, an agriculture economist said May 12 at a

Demand Supports Canola Against Good Weather

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca ICE Futures Canada canola contracts finally broke out of their longtime flat trading range during the week ended May 14, but rather than seeing the upward jump that many farmers had been holding out for, canola turned weaker and set


Canada Durum Stocks Second Largest In 30 Years

Canadian farmers and crop handlers had the second-largest supply of pasta-producing durum wheat in at least 30 years on March 31, Statistics Canada said May 9, as big global stocks grew faster than demand. Stocks of barley, oats and canola were sharply smaller, StatsCan said. Stocks of durum were 4.625 million tonnes, up 23 per

Outside Events Loom Large On Farm Sector

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca ICE Futures Canada canola contracts bounced around their well-established ranges during the week ended May 7, doing little to break out of the sideways pattern the market has been stuck in for months. Large moves in the outside currency, commodity,


Agriculture A Good Buy When Volcanoes Erupt

LONDON/REUTERS Agricultural commodities were left in the dust as base metal prices boomed last year, but now represent the better investment, commodities bull Jim Rogers told Reuters April 29. “I’d rather buy agriculture, which didn’t move up, and I don’t want to buy base metals because they did go up,” he told Reuters in a

Prairie Landscape Expected Yellower Than Ever

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca ICE Futures Canada canola contracts started to edge to the upside of their long established trading ranges during the week ended April 30. However, expectations for record Canadian canola plantings and the generally favourable weather conditions across Western Canada tempered