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Six habits of highly resilient farmers

Six habits of highly resilient farmers

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In 2010 David Gray, a development officer with the Department of Agriculture and Food, Western Australia (DAFWA), did a small study of four farms that were consistently more profitable and better at dealing with climate change. He found six common characteristics within these resilient farms.
Manitoba Agricultural Services Corporation refreshes website
Local news

Manitoba Agricultural Services Corporation refreshes website

There have also been some staff promotions to fill vacancies created by retirements

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The Manitoba Agricultural Services Corporation (MASC) has given its website a fresh look and promoted some veteran employees to replace retiring colleagues. The agency, which administers crop insurance and provincially backed farm lending in Manitoba, updated its website in mid-December. “We wanted to make it mobile friendly and easier for farmers to find information,” David
MGEX spring wheat weekly nearby (chart as of Nov. 2, 2016)
Futures markets, Markets

Spring wheat futures stuck in a rut

MGEX spring wheat futures are rangebound and going nowhere fast

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The nearby MGEX spring wheat futures have been stuck in a US$.60-per-bushel trading range since July 2015. Prices have thus far been unable to exceed resistance in the US$5.42 area, as the selling overcomes the buying. Subsequently, the US$4.82 level is proving to be support, an area where the buying picks up and the market
Editorial, Opinion

Editorial: Of interest

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Ordinarily there’s not much interesting about interest rates. If things are functioning as they should, most of us rarely think about them. Anyone who does bring them up soon finds it’s a surefire topic to make a dinner companion’s eyes glaze over. But when they do get interesting, it’s rarely a good news story. Just
Soybean meal monthly nearby. (chart as of May 25, 2016)
Grain Markets, Livestock Markets, Markets

Drozd: Two-month reversal forewarns livestock producers to higher meal prices

The meal market was technically oversold which created the opportunity for a short covering rally

By
Sometimes it just does not pay to ignore what the charts are telling you. Case in point, soybean meal futures exploded higher after a two-month reversal materialized on the monthly nearby futures chart. This reversal pattern indicated a change in trend and is illustrated in the accompanying chart. Since its development on March 31, the
Local government wants greater share of tax dollar
Local news

Local government wants greater share of tax dollar

Municipalities say the money is needed to sustain key infrastructure

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Most Manitobans agree local councils should get a fairer share of infrastructure tax dollars and have greater say in how they’re spent. That’s according to a recent poll conducted for the Association of Manitoba Municipalities which showed 85 per cent of those surveyed by NPG Research in January think local government should have access to
canadian money
Local news

Municipalities want their PST money back

One level of government should not tax another, AMM delegates say

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Municipalities pay millions in provincial sales tax (PST) and they want their money back. “The need for municipal dollars to be returned to the hands of municipalities is a resonating theme of this convention,” said Association of Manitoba Municipalities president Chris Goertzen at the opening of last week’s 17th annual convention here. At issue is
Canola, November 2015.
Futures markets, Markets

Drozd: Double top signals an end to the weather market rally in canola

Weather market rallies seldom last for long. Emotions run high, causing the rally to end just as suddenly as it began

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Chart analysts keen on the lookout for telltale signs of a market top in canola were rewarded when a reversal pattern called a double top appeared at the height of the rally in July 2015. Double tops and bottoms are chart formations which appear in the futures markets. Once completed, they are a reliable indicator
Drozd: Corn market plummets after rallying to a one-year high
Cereals, Markets

Drozd: Corn market plummets after rallying to a one-year high

Faced with the realization that a weather market can end as quickly as it began, 
farmers have the daunting task of figuring out when to sell

By
It took the corn market three weeks to rally 75 cents per bushel and only two weeks to plummet just as far. When markets go down faster than they go up, farmers may have a difficult time taking advantage of a steep market rally like this. Farmers get busy and may not have got around
soybean futures pricing chart
Futures markets, Oilseeds

Drozd: Soybean market falls to a new low

The November futures contract is stuck in a downward trend

By
The soybean market has been under considerable pressure. The weakness started after a head-and-shoulders top developed on June 30, 2014. This classic reversal pattern was featured in my August 2014 column and I’ve also illustrated it in the accompanying chart. What a difference a year makes! The daily soybean futures contracts are trading at new

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AgCanadaTV: In case you missed it; your national ag news recap for Jan. 16, 2026

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