USDA asks markets when is the best time for data

washington/reuters / The government asked farmers, traders and futures exchanges June 7 for ideas on when it should release potentially market-moving agricultural reports, such as crop forecasts, now that commodity markets are open nearly all day. It could result in the first change in the U.S. Department of Agriculture reports in nearly two decades and

Ticket to unparalleled heartburn

Since you speak English as well as anyone, perhaps you understand the working paragraph of a May 19 Washington Post column that explains the trading strategy employed by JP Morgan Chase & Co. to, ah, hedge its market risk. It reads: “It is this exemption that would allow (JP Morgan executive, Ina) Drew and her


ICE set to introduce five new U.S. grain and oilseed contracts

Reuters / ICE Futures US intends to begin offering five new U.S. grain and oilseed contracts, pending review by the Commodity Futures Trading Commission. The contracts include U.S. corn, wheat, soybeans, soybean meal and soybean oil, IntercontinentalExchange (ICE) announced. Futures contracts are slated to be available on May 14, with options available May 15. “These contracts



Analyst says another price surge unlikely

An economic storm overseas has resulted in a few waves hitting Canadian shores, leaving canola markets slightly dampened by volatility and uncertainty. The European debt crisis, along with a weak American economy, has affected canola markets, ProFarmer Canada’s Mike Jubinville told farmers attending Ag Days. “Certainly this has always been and will continue to be

Chicago Soybeans Put Pressure On Winnipeg Canola

column Canola futures on the ICE Futures Canada trading platform lost ground during the week ended Nov. 11. Much of the price weakness was associated with the downward price action experienced in the CBOT (Chicago Board of Trade) soybean complex and with the unsettled ongoing macroeconomic picture. Keeping a firm floor under canola was steady



Kraft Foods condemns commodity speculation

Strengthening La Nia to grip U.S.

Hamburg | Reuters – U.S. giant Kraft Foods supports moves to regulate speculation in commodity markets, says a senior executive of its European unit. We hope very much that politicians will make concrete decisions for more transparency and regulation in commodity markets in the G20 s finance ministers group up to the next summit meeting


Markets Toss And Turn On Economic Uncertainty

ICE Futures Canada canola contracts bounced around within a relatively narrow range during the week ended Oct. 28, posting declines in most months, aside from the nearby November. The gains in the front month were tied to position-evening ahead of deliveries against the contract, as traders exited their positions in November and the spread narrowed

Larger Economic Issues Weigh On Canola

column Canola futures on the ICE Futures Canada trading platform resumed a downward price trend during the week ended Oct. 21. Losses were attributed to the price declines experienced by CBOT (Chicago Board of Trade) soybeans and outright liquidation by speculative fund accounts. Elevator company hedge selling was also evident, especially when canola showed signs