Oat Prices Explode On A Short Covering Rally

David drozd Although the oat futures market is the most thinly traded cereal grain market in Chicago, it still provides reliable chart patterns and technical signals on when to buy and sell. Reading a chart is much like reading a road map. It tells you where prices are going to go. Let’s begin this journey

Farmers Warned About Rising Interest Rates

The Bank of Montreal is telling Canada’s farmers to do a better job of managing their debt or risk instability from higher interest rates. BMO cites George Brinkman, an authority on farm viability, as warning about “an unsettling outlook” from high levels of farm debt made worse by rising interest rates over the next three


Technical Signals A Warning To Investors

David drozd On Thursd a y, May 6, 2010 the Dow Jones Industrial Average (DJIA) suffered a severe 1,000-point drop that sent shock waves around the world. To this day, investors from far and wide have been trying to understand why. Ludicrous rumours surfaced – one being that someone had accidently entered an order to

So What? Now What?

Managing the risk in your business is becoming increasingly important. Typically, people tend to associate risk with negative outcomes. But there can be an upside to risk as well, risk that correlates to opportunity. For some, the past couple of years have realized perhaps even windfall-like profits with an expectation that, due to a shift


Ice Futures Canada Administrative Offices Set To Move

Winnipeg’s downtown Commodity Exchange Tower will soon be a misnomer. The lease is up and offices of ICE Futures Canada, Inc., formerly the Winnipeg Commodity Exchange will be moving closer to the suburbs in June, according to the president and CEO of the exchange. Brad Vannan said that the space currently used by the organization

Two-Month Reversal Warns Of Euro’s Impending Collapse

David drozd If you don’t think the failing euro doesn’t affect your bottom line, think again. Since the end of November 2009, the euro has lost about 12.5 per cent of its value relative to the U. S. dollar index and 15 per cent to the Canadian dollar – and this devaluation caused North American


Mobile Phones Bring Insurance To Kenyan Farmers

Kenyan farmers can now insure some of the costs of growing crops against bad weather by using mobile phone technology that links solar-powered weather stations to an insurance company. Farmers can cover the cost of seeds, fertilizers and pesticides at local agricultural supply shops by paying an extra five per cent of their value. If

ICE Canada Barley Contract Languishing

Open interest in the ICE Futures Canada barley market has declined to where the contract is no longer a viable pricing option, despite recent efforts made by ICE Canada to raise its appeal to a broader range of participants. But the contract is not likely to be delisted any time soon; ICE Canada is still


Investors Develop A Taste For Beef

“We have never had this much buying in the cattle market before. It is not realistic to believe that it will continue.” – DENNIS SMITH, LIVESTOCK BROKER Investors seeking strong returns in the commodity markets have been pouring money into U. S. cattle futures, sending prices to 15-month highs and boosting February volume 27 per

Harami Warns Farmers Of An Impending Collapse In Oat Prices

David drozd The Japanese are true pioneers of technical analysis of the markets. You may remember last month’s column where I illustrated the weekly canola chart and identified the two-week reversal that materialized at the height of the rally in early January. Similarly, another reversal pattern known as a harami also developed at the end