U.S. Says Its Policy Not To Blame

U.S. Federal Reserve chairman Ben Bernanke said Feb. 3 it was “unfair” to blame U.S. monetary policy for pushing up inflationary pressures in emerging market economies. Some analysts have blamed the fed’s quantitative easing for flooding the global economy with money and helping to drive prices for food and other commodities higher. “It’s entirely unfair

Soybean Oil Lends Underlying Support To Canola

The oil- seed complex has been well supported by the strong vegetable oil market. This is evidenced by the steep uptrending channel illustrated on the monthly soybean oil chart. This rally began with the development of a “two-month reversal” back in July 2010. This particular “two-month reversal” is seen at the bottom of a downtrend


Retirement Needs A Plan For Time As Well As Money

Retirement planning isn’t just about retiring from a career, it’s about retiring to a new phase of living, two consultants who specialize in farm financial planning said last week. What’s key is being clear about what you want and preparing for it, said Ag Days speakers Mark Sloane and Andrew DeRuyck. The two western Manitoba

Funds’ Commodity Holdings Could Hit $500 Billion

Commodity investments could near half a trillion dollars by the end of 2011 as the return of $100 oil and a broad-based rally heighten interest in the asset class to levels not seen since 2008. But the wave of money now hitting commodities is more sophisticated and discerning than its predecessor three years ago. Investors


Feeder Cattle Prices End On A New Historical High

What a differ-e nce a year makes! In December 2009 feeder cattle prices were down challenging an area of support at $90. Prices quickly bounced off the line of support, as illustrated in the accompanying chart, and by the end of December a two-month reversal materialized, which indicated prices were about to turn back up.

Investors Try New Tactic With African Agriculture

Africa has long been a target for wealthy philanthropists who donate money in a fight against the continent’s poverty, disease epidemics and food shortages. Now, taking a cue from the non-profit world, profit-hungry investors are eyeing Africa in a new way, putting a charitable spin on their pursuit of double-digit returns. Whether it’s making loans


Tips For Holiday Spending

Just as eating too much holiday food ruins a waistline, too much holiday spending can ruin a budget. Save yourself from this stress by mapping out your spending in advance. Prepare an overall holiday budget using realistic expenditures and stick to it. Set realistic spending limits. Take a hard look at what you can spend

Restraining Order Sought

The U.S. Agriculture Department is seeking a temporary restraining order that could halt operations at Eastern Livestock Co. LLC of New Albany, Indiana, a business under investigation over allegations that it failed to pay up to $130 million in bills, the USDA said Nov. 12. The investigation by the USDA’s Grain Inspection, Packers and Stockyards


Agriculture, Farmland Attracting “Impact Investors”

Investors are being given a new pitch these days: Make money and do good by investing in agriculture in Africa, Latin America and other global markets. So-called “impact investing” is catching on with a range of private equity groups, financial services firms, venture capital funds and other moneyed players. “There are a cadre of investors

Manitoba Farm Women’s Conference Nov. 7 To 9

More leadership stories from the experiences of women will be heard at the Manitoba Farm Women’s Conference next month. Provincial finance minister and former agriculture minister Rosann Wowchuk is among the guest lineup for a panel discussion that will also include head of the Agriculture in the Classroom program, Johanne Ross, and Janet Smith, manager