Bakers Want To Limit Speculation

Small bakeries say speculators are raising food costs and urged the U.S. futures regulator to curb trading by funds and other big investors. “As bakers, we do not pretend to know the complex and sophisticated rules and practices of the commodity markets,” said the Independent Bakers Association in a letter to the Commodity Futures Trading

Soybean Market Turns Down On Long Liquidation

Do w n – ward corrections in a bull market are inevitable and technical analysis is a proven and reliable means of identifying changes in direction. Technical analysis is the study of market movement and its primary focus is on price action. Its strength and popularity comes from the assumption that future price direction can


New Revenue Insurance For Farmers

Abrand new type of revenue insurance is being offered to grain farmers this spring. If it proves itself, it may decrease the need for crop and hail insurance. The company behind the offering is Global Ag Risk Solutions of Moose Jaw. Financial planner Grant Kosior is one of the founders. The others are Dean Klippenstein

Update Insurance Before The Flood

Saturated soil and heavy snowfall mean many Manitoba homeowners are faced with the very real possibility their property will flood this spring. That’s why CAA Manitoba Insurance is reminding homeowners to take precautions against water damage and to find out what is and what isn’t included in their insurance policy. “Flood forecasts already predict a


Soybean Oil Lends Underlying Support To Canola

The oil- seed complex has been well supported by the strong vegetable oil market. This is evidenced by the steep uptrending channel illustrated on the monthly soybean oil chart. This rally began with the development of a “two-month reversal” back in July 2010. This particular “two-month reversal” is seen at the bottom of a downtrend

Funds’ Commodity Holdings Could Hit $500 Billion

Commodity investments could near half a trillion dollars by the end of 2011 as the return of $100 oil and a broad-based rally heighten interest in the asset class to levels not seen since 2008. But the wave of money now hitting commodities is more sophisticated and discerning than its predecessor three years ago. Investors


Feeder Cattle Prices End On A New Historical High

What a differ-e nce a year makes! In December 2009 feeder cattle prices were down challenging an area of support at $90. Prices quickly bounced off the line of support, as illustrated in the accompanying chart, and by the end of December a two-month reversal materialized, which indicated prices were about to turn back up.

Western Barley Futures Contract Languishes

Open interest in western barley futures have declined to virtually zero, which would normally signal the end of the contract’s long and distinguished history is close at hand. However, officials from ICE Futures Canada are not ready to give up on the contract quite yet and are working on ways to reinvigorate it. Open interest


Pork Package Creates Livestock Insurance Precedent

Aproposed model to insure pork producers against death losses in their herds could be a long-awaited breakthrough for livestock production insurance in Canada. The Canadian Swine Health Board hopes to have an all-peril mortality insurance product ready for producers in 2011. The package would cover death losses from disease, fire, equipment failure, adverse weather or

Commodity Sell-Off Has Winners And Losers

The biggest decline in commodity market value since the financial crisis of 2008 looked like funds running for the exits, but big differences in open positions between oil, grains and other commodity markets will signal which markets may still be overextended. Based on the decline in open interest – the number of contracts bought or