Crop insurance changes discussed at KAP meeting

Changes coming to Excess Moisture Insurance (EMI) are aimed at reducing “moral hazard” that could undermine the program’s integrity. “It just seemed from our experience there was a disproportionate amount of land coming into our program in wet years than there was in dry years,” David Van Deynze, the Manitoba Agricultural Services Corporation’s (MASC) manager



A sample options strategy for soybeans

We recently had the privilege of co-presenting with the CME Group at their CBOT Grain Options Workshop during the annual Wild Oats Grainworld conference in Winnipeg. Here’s an overview of that event including what is risk, what is risk management and a straightforward strategy you can use to protect yourself against falling grain prices. What


Price bubbles and commodity markets

Athoughtful new paper from researchers at the University of Illinois marks a significant step forward in research on how commodity futures prices are formed. Until recently, the academic and policy debate about futures price formation has been locked in an acrimonious and polarized standoff between market fundamentalists, who insist all price moves reflect supply-and-demand fundamentals,

April live cattle futures post new contract low in first quarter of 2013

A drop of $13 per hwt is a classic example of the market topping out when the news is the most bullish

Live cattle prices have been under pressure since peaking in December amid bullish headlines and news that took prices to historic highs. Cattle and calves in the United States according to USDA estimates as of January 1, 2013 totalled 89.3 million head, which is two per cent below the 90.8-million figure recorded a year earlier.