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Community Wind Plans Move Ahead A Step

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Standing in the breeze just east of Forrest, Dan Mazier watches as a two-man crew prepares to raise a 60-foot tower in a canola field. Atop the tower will be a device for minute-by-minute measuring local wind speed, sending the data wirelessly via cellular phone signal to a computer. At the end of two years,
Cereals, News

Harami Warns Farmers Of Impending Drop In Wheat Prices

David drozd As I have mentioned before in this column, the Japanese are true pioneers of technical analysis of the markets. Their techniques have evolved from fairly simple beginnings, trading forward rice contracts (futures) in the 17th century, to now include many sophisticated ways to analyze the markets, including the amazingly powerful modern-day charting method
Opinion

Farm Groups Should Know The Risks Of Easy Credit

A letter to the editor of Ontario Farmer newspaper by Stephen Thompson of Clinton, Ontario. Iam amazed and at the same time completely horrified by the number of farm groups congratulating federal Ag Minister Gerry Ritz for promising to make it easier for Canadian farmers to get access to credit. It would appear that neither
News

Wheeling and dealing in the new Wild West

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“We had some equipment over there and the farm manager decided he would keep my passport until he was sure that the equipment worked well.” – KEN KOTOWICH Doing business in Russia is exciting and lucrative, but not for the faint of heart. “It’s like having a pet 980-pound Kodiak bear. He’s with you, he’s
Opinion

Sky-High Debt Puts Farmers At Risk

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George Brinkman is professor Emeritus in the department of food, agricultural and resource economics at the University of Guelph. This first appeared in the April issue of Canadian Farm Business Manager, published by the Canadian Farm Business Management Council. In the global business community, last spring seems like a lifetime ago. In almost every sector,
Cereals, News

CBOT Says It Is Still The Global Benchmark

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Chicago Board of Trade, the world’s largest grain exchange, has no fear of its wheat contract being challenged as the global benchmark for prices by an upstart from Australia, a senior official told Reuters. Australia’s stock exchange operator, ASX Ltd., plans for its Hard wheat export futures contract to begin trading in May, opening up
News

Grain Swaps Offer Hedgers Brave New World

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Ready or not, here they come. After years of planning, the Chicago Board of Trade has introduced a new hedging tool for the world grain industry that differs significantly from its century-old futures markets, but promises to take the risk management game to a new level – once everyone gets on board. “So far my
News

WTO Head Says Trade Restrictions Mounting

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International commerce risks being strangled by a gradual buildup of restrictions that could undermine policies to revive the world economy, the head of the World Trade Organization (WTO) said March 26. WTO Director General Pascal Lamy said there were no signs of an imminent descent into intense tit-for-tat protectionism. “The danger today is of an
Livestock, News

Hot, Dry, Polluted

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“We are nearing the end of the downswing. It is inconceivable that prices will continue to go down indefinitely when production is dropping at the rate it is worldwide” – TED BILYEA The world may be going to hell in a handbasket, but in the meantime, Manitoba’s grain and livestock farmers will be doing a
Cereals, News

Australians Unhappy With CBOT, Launch Own Futures

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Australia’s stock exchange operator, ASX Ltd., will launch a wheat export futures contract this summer, it said March 13, raising hopes for a new global reference price to complement the dominant U. S. market. ASX said it expected the contract to start trading in May. Australia liberalized overseas wheat sales last year, opening up the

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