Time To AgriInvest

When 2010 AgriInvest Deposit Notices appear in mailboxes in the coming weeks, producers are encouraged to take advantage of this easy-to-use program. AgriInvest is a self-managed producer-government savings account that allows producers to set money aside which can be used to recover from small income shortfalls or to make investments to reduce on-farm risks. The

Letters – for Jun. 23, 2011

Bipole boondoggle continues Another week, another round of rains drowning the grains and livestock sectors, another Manitoba Co-operator in the mail, and yet another letter from Rosann Wowchuk proclaiming the economic and environmental virtues of Bipole III. The former minister of agriculture gives us the same story: west side is good; east side is bad. A


Reversal Pattern Alerts Livestock Producers To Cattle Price Downturn

Ca t t l e prices have been sliding lower, since a two-week reversal developed in early April, 2 0 1 1 . T h i s reversal pattern identified a quick halt to the rally after cattle prices climbed to an unprecedented historical high of $122.875. TWO-WEEK REVERSAL This chart formation indicates a change

New Minister Hopeful WTO Talks Will Succeed

It may take a lower level of ambition, but the sputtering WTO trade talks may yet reach the finish line, says Ted Menzies, minister of state for finance. Menzies has witnessed the Doha round negotiations, which began in 2001, as a farm leader, opposition trade critic and now a cabinet minister. The round was envisaged



Cattle Insurance In The Works

The Manitoba government has set aside $200,000 for a livestock insurance pilot program for the province’s cattle producers. The allocation is hidden in the 2011-12 provincial budget brought down April 12 by Finance Minister Rosann Wowchuk. TheCo-operatorlearned about it during briefings by Treasury Board officials in a media lockup prior to Wowchuk’s budget speech in


Bull Market In Corn Resumes After Seasonal Downturn

It appears the seasonal tendency for corn prices to move lower in March may be over, due to the bears being unable to push prices below an important line of support on the December 2011 futures contract. This is also the point at which a reversal pattern called a harami materialized on the candlestick chart.

Investors Still Hungry For Ag Funds

Retail investors have continued to crowd into the broad commodity-fund sector even after prices for corn, wheat and soybeans reached 2-1/2-year highs this year, an analysis of fund flows showed. The growth of “alternative” investments is partly the result of lessons learned after the financial collapse of 2008-09, which includes the importance of diversification as


Soybean Market Turns Down On Long Liquidation

Do w n – ward corrections in a bull market are inevitable and technical analysis is a proven and reliable means of identifying changes in direction. Technical analysis is the study of market movement and its primary focus is on price action. Its strength and popularity comes from the assumption that future price direction can

Delisting Western Barley Futures Not In Cards Just Yet

Although open interest in western barley futures on the ICE Canada trading platform continues to be virtually non-existent, officials with the exchange are hoping the industry will again participate in the contract and prevent the delisting of the commodity. “We are not currently considering delisting the western barley contract at this time,” said Brad Vannan,