Finance Archives - Page 6 of 22 - Manitoba Co-operator

Young farmers optimistic about the future despite high cost of getting started

By Daniel Winters March 25, 2013

Getting started in farming these days isn’t easy — but there’s plenty of young people eager to try. “Now it’s more business focused than in the past,” Simon Ellis said during a lull in the discussions at the recent Young and Beginning Farmers Conference. The 25-year-old said he’s hoping to take over his parents’ 1,200-acre

Cereals, Crops, International news, Opinion

Wheat farmers in Western Australia face a financing crunch

By Roger Crook March 25, 2013

Bankers want at least eight per cent for operating loans, and are asking for risk-mitigation insurance

Two weeks ago some 350 farmers, politicians and bankers attended a meeting at Kulin in the heart of Western Australia (WA) wheat country. It was organized by the local representatives of the West Australian Farmers Federation and called “Agriculture in Crisis — looking for a brighter future.” There were no surprises and no answers, just

Crops, International news

Conservatives call for big cut in U.S. crop insurance subsidy

By Charles Abbott March 25, 2013

A coalition of fiscal conservatives March 5 called for a steep cut in federal subsidies for crop insurance, setting up a clash with U.S. farm groups that see the program as their top priority in a new Farm Bill. Growers have collected more than $15 billion in payments for 2012 losses resulting from the worst

Crops, Grain Markets, Livestock

Hedge funds get bullish on corn and natural gas

By Barani Krishnan March 25, 2013

Hedge funds and other big speculators raised their bullish bets on U.S. commodities for the first time in five weeks, piling mostly into natural gas and corn due to favourable supply-and-demand situations, trade data showed Mar. 15. Natural gas saw close to $2 billion worth of new net long contracts by the so-called money managers

Cereals, Crops, Grain Markets

Wheat: Short-term trend down – long-term trend up!

By David Drozd March 7, 2013

The wheat market has been under pressure since prices peaked in July 2012 So what has changed since last summer’s high? Wheat futures prices have declined $2.50 per bushel and cash prices have declined $1. The $1.50 difference in price is due to a better basis and a lower Canadian dollar. We have an open

Forages, News, Weather

No answer on when producers might receive flood compensation for 2012

By Shannon VanRaes February 28, 2013

The federal government needs to pay up before the provincial government can offer more compensation to those still suffering damages from the 2011 flood, says Manitoba Finance Minister Stan Struthers. Speaking to more than 200 farmers, cottage owners, First Nations representatives and politicians during a crowded meeting at the centennial-era Meadow-Lea Hall north of Marquette,

Crops, Grain Markets

Vitol plans grain market debut, hires Viterra traders

By Emma Farge February 28, 2013

Reuters / Top oil trader Vitol is building a global grains desk and has taken advantage of Glencore’s takeover of Canadian grains giant Viterra to hire a team of its traders, trading sources said Feb. 20. Vitol, which has an annual turnover of nearly $300 billion, will vie for market share along with rival trading

Cereals, Opinion

Reflections on the new age of grain marketing

By Les Mcewan February 15, 2013

Now there are a few months under our belts, just how accurate were those horror stories about grain marketing post-CWB monopoly?

Much has been written about how farmers will market their grains in the post-single-desk world. Horror stories abound about how the grain companies won’t take the CWB contracts until they have filled their own, pools won’t reflect fair market prices, and farmers won’t have the expertise to market in the new climate. Now that we

Grain Markets, News, Oilseeds, Opinion

Canola bounces off of support and resumes the uptrend

By David Drozd February 12, 2013

After dropping $90/tonne from the high of $657.50 in September, at the time of this writing, prices on the March 2013 canola futures contract have rallied $50/tonne since the USDA report was released on January 11, 2013. Thanks to phenomenal demand and improving basis levels, cash prices are back to the crop-year high ($14.50/bushel). For

Crops, News

Live cattle prices end 2012 on a high note

By David Drozd January 17, 2013

Live cattle prices on the monthly nearby futures chart have rallied to within a couple of dollars of the historical high of $131.05, which was established in March 2012. Long-term charts, such as the monthly live cattle chart illustrated here are invaluable for identifying major price trends, as trendlines and formations on a weekly or

Daily Network News

‘Significant’ Canadian GDP slide expected in 2026, FCC says

Gene edited, PRRS resistant pig approved in Canada

U.S. livestock: Cattle futures end week higher

Tag Archives Finance