Financial markets Archives - Page 5 of 9

Funds trample market fundamentals in fleeing canola

By Phil Franz-Warkentin October 10, 2012

The ICE Futures Canada canola market continued to fall apart during the week ended Sept. 28, as speculative long liquidation took precedence over any fundamental support that might still be there. The most active November contract fell below the psychological $600 per tonne level during the week, and settled below that key chart point for

Crops, Grain Markets

Classic topping action in soybean meal

By David Drozd October 10, 2012

Each day’s prices and the pattern configurations are a direct result of human decisions to buy and sell

Technical analysis is the study of market movement. Its strength and popularity comes from the assumption that future price direction can be predicted by studying a market’s past activity. Technical analysis is concerned exclusively with the market and certain statistics the market generates — prices, volume and open interest. In technical analysis, no consideration is

Crops, Grain Markets, News

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, 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

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

News

Hedging strategies if you’re selling in the U.S.

By David Derwin March 29, 2012

If you sell product to the U.S., as many Canadian businesses do and want to protect yourself, you are probably asking what to do if the loonie is worth more than a U.S. greenback, which it has been again recently. With many risk-management tools available today, what is the best strategy for you in your

Cereals, Crops, Grain Markets, News

Currency risk protection offered

By Allan Dawson March 23, 2012

Volatile currencies can hurt your bottom line more than changes in commodity prices. That’s why the Keystone Agricultural Producers (KAP), in conjunction with Western Union Business Solutions, is introducing a new foreign exchange risk-management program. “If it makes sense to a producer, we can provide a solution,” said Mark Kelly, Western Union Business Solutions’ senior

Crops, Grain Markets, News

Breakaway gap alerts of counter-seasonal rally

By Market Outlook March 14, 2012

On December 19, 2011, a breakaway gap materialized, alerting soybean producers and traders alike to a sudden change in the price direction of the soybean market. In fact, this gap not only confirmed an end to the downward price spiral, but it marked the beginning of a counter-seasonal rally, with soybean prices rallying $1.65 per

Daily Network News

U.S. livestock: Chicago cattle futures climb on post-Thanksgiving trade

U.S. grains: Corn futures set June high on US export demand

California researchers create nitrogen-fixing wheat

Tag Archives Financial markets