Cmemap Pays $40.5 Million In Manitoba

About 1.74 million acres or nearly two per cent of Manitoba cropland was either too wet to seed this spring or the seeded crops drowned, the Manitoba Agr icultural Services Corporation says. The losses prompted $40.5 million in payments to farmers under the Canada-Manitoba Excess Moisture Assistance Program (CMEMAP). “We had applications from all areas

Agriculture, Farmland Attracting “Impact Investors”

Investors are being given a new pitch these days: Make money and do good by investing in agriculture in Africa, Latin America and other global markets. So-called “impact investing” is catching on with a range of private equity groups, financial services firms, venture capital funds and other moneyed players. “There are a cadre of investors


KAP Protests Flood Aid Deductible

Manitoba farmers are crying foul over a five per cent deductible on a $30-an-acre payment to compensate producers for flooded cropland this spring. Producers say it’s unfair that they have to pay a deductible when farmers in Saskatchewan and Alberta do not. Keystone Agricultural Producers passed a resolution at last week’s general council meeting protesting

Corn Prices Driven Higher By Record Speculative Longs

Co r n prices have rallied $2.50 per bushel, since the market stopped going down on June 29, 2010. Some of the buying is a result of hedgers locking in prices before the market goes higher. But to a larger degree, it is the large speculative buy orders that have driven prices to $5.73 per


What If Production Comes Up Short On A Forward-Priced Contract? – for Sep. 23, 2010

In some parts of Western Canada, flooding and weather conditions have meant disappointing crop losses that have led to some difficult contract positions. As part of an initiative to help farmers get the best value for their crop, the Canadian Canola Growers Association investigated some possible next steps for farmers who find themselves in a

EU Targets Market Speculation – for Sep. 23, 2010

BRUSSELS/PARIS/REUTERS The European Commission is taking aim at growing speculation and volatility in commodity markets, using its plan to reform wider financial markets, just as EU grain futures hit contract highs Sept. 20. Michel Barnier, the European Commissioner in charge of financial reform services, said at a conference that he wanted to use a planned



Wheat: The Trend Is Your Friend Until The End – for Aug. 19, 2010

Wheat prices rallied over $3 per bushel in as little as six weeks on speculat ive buying and short covering. Farmers are now wondering when the rally will end. Technical analysis is very useful for determining current trends and trend changes. Some analysts rely on moving averages and others simply draw trendlines. Here is an



Livestock Producers Alerted To Hedge Meal

David drozd So y b e a n meal prices have rallied $42 per ton over the past five weeks. On June 9, technical analysis signalled traders and livestock producers alike to expect prices to turn back up. Technical analysis is the study of market movement. Its strength and popularity comes from the explicit assumption