grain bins

Editorial: Captive grain, and captive farmers?

COFCO likley to create waves for the future of grain pricing

Those who follow livestock markets will know the term “captive cattle” — feedlot cattle owned by the large packers, and which they can use to maintain supply and/or take the pressure off rising open-market prices. In the past that’s led to some U.S. government intervention, such as mandatory reporting of purchases and prices. Recent developments

chart showing Canadian dollar value

Drozd: Harami alerts producers to impending rally in the Canadian dollar

A harami that occurs at the end of a significant move down in price and time 
will have more reliability than any other place on a chart

The Canadian dollar has rallied nearly 600 basis points in the past six weeks. This rally may have come as a surprise to some people, but not to those studying candlestick charting. The Japanese are regarded as the true pioneers of candlestick charting. The Japanese method of charting is called candlestick because the individual lines


Peter Manness

Farm management consultant stresses importance of past performance

Financial experts recommend ensuring 50 per cent of your upcoming year’s expenses 
are available as cash or cash equivalent

Understanding your farm’s historical performance is critical in developing a viable financial management plan, according to Peter Manness, farm management consultant with Meyers Norris Penny. Manness recently spoke to a group of producers at the Farm Outlook 2015 hosted by the Dauphin Agriculture Society about financial management in difficult times. “There are a lot of

Live cattle weekly nearby: Chart as of Jan. 28, 2015.

Key reversal alerts livestock producers to recent downturn

Technical analysis has the ability to cut through the news and see opportunities

Live cattle futures plummeted $23 per hundredweight after turning down from a new historical high in late November 2014. As always, the news was incredibly bullish at the top, so some livestock producers may have been caught off guard by the sudden drop in prices. However, producers who study charting and technical analysis may have


Mike Jubinville

Canola prices entering sideways trend

The old highs have become the new lows

Canola prices are tracking the overall trend towards lower commodity prices this year, but there is still room for some comfortable margins, a prominent market analyst says. Speaking at Farm Credit Canada’s Ag Outlook 2015 in Winnipeg, Mike Jubinville of ProFarmer Canada said that while the canola markets aren’t good, they’re not really bad either.

Chief commissioner Elwin Hermanson says the CGC and Atradius Credit Insurance couldn’t develop an insurance-based protection plan. The CGC will consider options, but in the meantime the current plan remains in place.   photo: allan dawson

Grain commission bonding replacement plan stalls

Insurance industry rules make it difficult to protect farmer payments for delivered grain

After a year of negotiations to develop an insurance-based producer payment protection plan, the Canadian Grain Commission has called it quits, surprising and disappointing some farm groups. The CGC has been attempting to replace the current bonding system to protect farmers against payment defaults for grain delivered to merchandisers. It had been negotiating with Atradius


Warren Buffett

Buffett uses farm as investment example

Don’t speculate on price movements, says world’s fourth-richest man

Berkshire Hathaway chairman Warren Buffett, known for his folksy straightforward communication style, turned to farming to recommend his winning strategy for investors to follow. In an excerpt of his annual letter to shareholders, Buffett used a 1986 purchase of a farm located 50 miles north of Omaha to support his case about simple, diversified and



Ted Menzies is also the former president of the Western Canadian Wheat Growers and the Canadian Agri-Food Trade Alliance.

Menzies says he won’t lobby former government colleagues

New CropLife head says he will focus on dealing with other countries, farm groups and the food industry

Former cabinet minister Ted Menzies brushes off accusations that he intends to use his political connections as president and CEO of CropLife Canada to influence former colleagues. Menzies recently resigned as MP for the southern Alberta riding of McLeod to succeed Lorne Hepworth, a former Saskatchewan agriculture minister, who retires next year. CropLife represents Canada’s