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Cereals, Grain Markets, Oilseeds

Can Old-Crop Canola Be Facing $7.50 A Bushel?

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Grain and oilseed futures at ICE Futures Canada in Winnipeg c losed the week ended March 27 lower, with losses in the Chicago market and the firm Canadian dollar weighing on values. Canola posted small losses as sluggish export demand also weighed on prices. China has indicated its canola buying in April will fall to
News

EU Farm Prices Seen Recovering After 2010

Europe’s agriculture markets will start to recover in the medium term due to encouraging demand expectations but global economic gloom will weigh heavily on prices at least until 2010, an EU study showed March 17. In its market outlook through to 2015, experts at the European Commission said demand would be especially hit in higher
Cereals, Crops, News, Oilseeds

Spring Wheat Could Be Sleeper Crop In 2009

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Spring wheat could be the sleeper crop in 2009, according to market analyst Mike Krueger. The Fargo, N. D.-based president of The Money Farm consulting service has told his clients to lock in diesel fuel prices, if they can, and secure spring fertilizer supplies because it could be short. Krueger told the Manitoba Special Crops
Opinion

Has ethanol’s boost to corn prices run its course?

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Recent news stories have been flush with reports about developments in cellulosic ethanol and other biofuels production. Maybe these reports help provide an understanding of why Informa Economics recently forecast corn prices below $3 with wheat prices below $4 and soybeans under $7. Let’s look at the biofuels news first and then see what implications
News

Financial crisis seen slowing EU biofuels growth

The sharp drop in crude oil prices and the global financial crisis is set to disrupt the development of biofuels in the European Union, a top European Commission official said Jan. 6. “The path will be a bit chaotic. I don’t see a taking off in biofuels in 2009, 2010 but probably later because we
Cereals, Grain Markets, Oilseeds

Are grain prices recession-proof?

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at ww.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Jan. 2 higher with a firm tone in the U. S. markets contributing to the gains. Canola rose back over
Cereals, Grain Markets, Oilseeds

2009 to see strength, acreage the big question

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For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed f u ture s at the ICE Canada futures market closed the year with a lightly traded choppy tone as prices generally worked a bit lower. There was little fresh news. Canola climbed almost to $400
Cereals, Crops, Grain Markets, Oilseeds

Bigger U. S. grain supply, markets rally

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Dec. 12 higher with gains in the U. S. grain and soy markets boosting prices. Canola saw solid gains, rallying
Beef cattle, Livestock, Livestock Markets

U. S. cattle futures recover slightly

U. S. cattle futures recovered slightly on Monday of this week following last Friday’s tumble to the lowest level in more than two years amid growing concern that contracting global economies will reduce demand for high-priced beef. December live cattle closed up 1.550 cents at 83.100 cents per lb. and February was up 1.225 at
News

U. S. ethanol industry could face more bankruptcies

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More U. S. ethanol distillers may be forced to seek bankruptcy protection if they fail to keep costs down as the industry gets squeezed by oil refiners and gyrating corn costs alike. VeraSun Energy Corp., the largest publicly traded U. S. ethanol company with 14 distilleries across eight states, said Oct. 31 it was seeking

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