Financial economics Archives - Page 9 of 21

CBOT, grain traders face off in court

July 12, 2012

chicago / reuters / CME Group faced off with a group of traders in Federal Court June 26 over new rules for settling end-of-day grain prices that the traders fear will put them out of business. The traders, who work in the open-outcry pits at CME’s Chicago Board of Trade, are fighting to preserve a

Cereals, Crops, Grain Markets, News

Spring wheat posts its highest price of open-market era

By David Drozd July 12, 2012

Watch for rising wedges in bear markets and falling wedges in bull markets, where they are most apt to occur

Red spring wheat grading No. 1 13.5 per cent protein reached $8 per bushel for the 2012-13 crop year. This is the highest price farmers have been able to lock in, since the open-market era was announced in mid-December 2011. True to form, wheat prices began their seasonal turn higher, just as the U.S. winter

Cereals, Crops, Grain Markets, News

New player in deregulated market

By Manitoba Co-operator Staff June 30, 2012

A Southeast Asian agri-food processor and a U.S. commodity trading firm are pairing up to enter the deregulated Prairie grain and oilseed supply chain. Singapore-based Olam International and Kansas City’s Lansing Trade Group have announced a new 50-50 joint venture, Lansing Olam Canada, to “originate and merchandise Canadian grains and oilseeds.” The two companies said

News

FNA announces MarketPower Assurance program

By Allan Dawson June 30, 2012

Farmers selling to the feedlot down the road or to a noodle maker in Japan can now insure their sale against default through the new MarketPower Assurance program offered by the Farmers of North America (FNA) and its partners Atradius Credit Insurance, Export Development Canada, and Pangaea Global Risk Management. “It is literally the first

News

CFTC allows CME to open early for crop reports

June 16, 2012

chicago / reuters / The Commodity Futures Trading Commission approved the Chicago Board of Trade’s plan to start open-outcry grain trading early on days the U.S. government issues major agricultural reports, a commission spokesman said June 11. CME Group, owner of the CBOT, told the CFTC it wanted to start pit trading at 7:20 a.m.

Crops, News

USDA asks markets when is the best time for data

June 16, 2012

washington/reuters / The government asked farmers, traders and futures exchanges June 7 for ideas on when it should release potentially market-moving agricultural reports, such as crop forecasts, now that commodity markets are open nearly all day. It could result in the first change in the U.S. Department of Agriculture reports in nearly two decades and

Cereals, News

A classic head and shoulders confirmed downturn

By David Drozd June 8, 2012

To those less familiar with charting and technical analysis, the recent drop in oat prices may have come as a bit of a surprise. What I have found in my 30 years’ experience, is that even though the oat futures market has a relatively small amount of open interest compared to actively traded commodities such

Opinion

Ticket to unparalleled heartburn

By Alan Guebert June 5, 2012

Since you speak English as well as anyone, perhaps you understand the working paragraph of a May 19 Washington Post column that explains the trading strategy employed by JP Morgan Chase & Co. to, ah, hedge its market risk. It reads: “It is this exemption that would allow (JP Morgan executive, Ina) Drew and her

Cereals, Crops, Grain Markets, News, Oilseeds

More volatility likely from expanded trading hours

By Phil Franz-Warkentin May 30, 2012

ICE Futures Canada canola moved higher in most months during the week ended May 18, initially dropping lower with long liquidation before bouncing back up on the back of solid end-user demand. Tight old-crop supplies and continued exporter pricing are expected to keep the front-month July contract supported going forward, but it should eventually drift

Livestock, Livestock Markets, News

Reversal patterns signal a downturn in cattle prices

By David Drozd May 3, 2012

Markets can and often do change direction on a moment’s notice. Cattle prices were at a record high in early March 2012, but quickly turned and dropped below the uptrending channel, thus ending the rally. An uptrending channel develops during a period of rising prices and support is determined by a line drawn across the

Daily Network News

U.S. livestock: Cattle slip back, hogs gain

U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism

Farm gate milk price to rise in 2026

Tag Archives Financial economics