Corn Prices Driven Higher By Record Speculative Longs

Co r n prices have rallied $2.50 per bushel, since the market stopped going down on June 29, 2010. Some of the buying is a result of hedgers locking in prices before the market goes higher. But to a larger degree, it is the large speculative buy orders that have driven prices to $5.73 per

Industry Fails To Deliver Traceability Promise – for Sep. 23, 2010

Years ago, I was invited to a conference designed to look at long-term strategies for Canada’s ag sector. Representatives were there from most major farm groups, as well as stakeholders in the agribusiness and processing sectors. One break-out session in particular that stuck in my mind was on the meat sector. I listened rather intently


EU Targets Market Speculation – for Sep. 23, 2010

BRUSSELS/PARIS/REUTERS The European Commission is taking aim at growing speculation and volatility in commodity markets, using its plan to reform wider financial markets, just as EU grain futures hit contract highs Sept. 20. Michel Barnier, the European Commissioner in charge of financial reform services, said at a conference that he wanted to use a planned

What If Production Comes Up Short On A Forward-Priced Contract? – for Sep. 23, 2010

In some parts of Western Canada, flooding and weather conditions have meant disappointing crop losses that have led to some difficult contract positions. As part of an initiative to help farmers get the best value for their crop, the Canadian Canola Growers Association investigated some possible next steps for farmers who find themselves in a


Cmemap Cheques Being Mailed – for Sep. 9, 2010

Cheques to compensate Manitoba farmers for crops lost or unseeded this spring due to excess moisture are on the way. About 900 cheques under the Canada-Manitoba Excess Moisture Assistance Program (CMEMAP) had been mailed as of Aug. 31, said David Van Deynze, manager of claim services with the Manitoba Agricultural Services Corp. (MASC), which is

No Cmemap Cheques Cut Yet – for Aug. 26, 2010

As of last week, no excess moisture compensation cheques had been issued to Manitoba grain farmers. But they soon will be, according to officials with the Manitoba and federal governments. “Both levels of government now have all the necessary authorities in place and payments are expected to flow to producers in the coming days,” a


Wheat: The Trend Is Your Friend Until The End – for Aug. 19, 2010

Wheat prices rallied over $3 per bushel in as little as six weeks on speculat ive buying and short covering. Farmers are now wondering when the rally will end. Technical analysis is very useful for determining current trends and trend changes. Some analysts rely on moving averages and others simply draw trendlines. Here is an

Agricultural Hall Of Fame – for Aug. 12, 2010

The Manitoba Agricultural Hall of Fame held its annual induction ceremony July 15 in Portage la Prairie, honouring six Manitobans for their contributions to agriculture in the province. Their citations are appearing in the Co-operator during August and September. Hugh Jameson was raised on the farm where he and his wife Martha and three sons


Agricultural Hall Of Fame – for Aug. 12, 2010

The Manitoba Agricultural Hall of Fame held its annual induction ceremony July 15 in Portage la Prairie, honouring six Manitobans for their contributions to agriculture in the province. Their citations are appearing in the Co-operator during August and September. Hugh Jameson was raised on the farm where he and his wife Martha and three sons