No Future For Pork Belly Futures

Chicago’s iconic pork belly market has closed after 50 years of being the subject of jokes for movies and TV shows and satisfying Americans’ hunger for bacon-lettuce-tomato sandwiches. The Chicago Mercantile Exchange shut down the frozen pork belly futures market at the end of business on Friday, July 15. The closing had been expected. Trading

Alberta Fund Leery Of Agricultural Bubble

The global commodity boom is driving prices for agricultural assets to near bubble levels and the best opportunities may be found in related investments, the head of one of Canada’s biggest pension funds warned. “I must get an agricultural play in my inbox once a day or once every couple of days and that’s usually


Main Trend In Crude Oil Still Up, Despite Recent Downturn

Crude oil prices have been under pressure since a two-week reversal developed two weeks ago. This reversal pattern materialized after crude oil prices failed to exceed the upper boundary of the uptrending channel. A two-week reversal indicates a change in direction and can occur at the top or bottom of a market. This two-week reversal

Flood Victims Out Of Luck On Insurance Coverage

Residents of Slave Lake were recently devastated by forest fires which swept through the northern Alberta community, destroying hundreds of homes. But they have one consolation. The damage is most likely covered by insurance. Not so for people in flood-ravaged Manitoba who will have to rely on government disaster assistance to help compensate for damage


Reversal Pattern Alerts Livestock Producers To Cattle Price Downturn

Ca t t l e prices have been sliding lower, since a two-week reversal developed in early April, 2 0 1 1 . T h i s reversal pattern identified a quick halt to the rally after cattle prices climbed to an unprecedented historical high of $122.875. TWO-WEEK REVERSAL This chart formation indicates a change

U.S. Farmland Values Sideline Some Investors

Rising prices for farmland in the U.S. Midwest and fears that values may be creating an artificial bubble are driving some investors to the sidelines, though strong farm balance sheets are sustaining interest in many sectors, investment experts said on Monday. Surging prices for key row crops, such as corn, soybeans and wheat, are helping



Bull Market In Corn Resumes After Seasonal Downturn

It appears the seasonal tendency for corn prices to move lower in March may be over, due to the bears being unable to push prices below an important line of support on the December 2011 futures contract. This is also the point at which a reversal pattern called a harami materialized on the candlestick chart.


Investors Still Hungry For Ag Funds

Retail investors have continued to crowd into the broad commodity-fund sector even after prices for corn, wheat and soybeans reached 2-1/2-year highs this year, an analysis of fund flows showed. The growth of “alternative” investments is partly the result of lessons learned after the financial collapse of 2008-09, which includes the importance of diversification as