Grain commission considering expanding security program to feed mills

The Canadian Grain Commission (CGC) is considering whether it can expand its proposed new insurance-based payment security program to non-licensed buyers such as feed mills. “We at the commission have had some discussions about it and we’re looking at it,” CGC commissioner Murdoch MacKay told reporters after speaking at the Keystone Agricultural Producers’ (KAP) annual



CME surveys members on trade hours

The Chicago Board of Trade has launched a survey asking customers whether it should shorten the nearly non-stop electronic trading cycle for grains and hinted that executives had grown less concerned about competition from rival IntercontinentalExchange. The Board of Trade, which dominates agricultural trading with U.S. grain and oilseed futures and options contracts, in May


Crushers aim to coax canola from farmers’ bins

Canola futures on the ICE Futures Canada platform continued their slow trek to higher ground during the week ended Jan. 18, with strong demand from the domestic and export sectors fuelling the rally. Some spillover from the gains in Chicago soybeans contributed to the strength. Concerns about tight canola ending stocks further lifted the commodity.



Italy launches durum wheat futures market Jan. 21

milan / reuters / Europe’s first futures market for durum wheat, used mainly to produce pasta in the continent and couscous in North Africa and the Middle East, was launched January 21. Borsa Italiana, controlled by the London Stock Exchange, was due to launch the durum futures in November but the date was put back

Live cattle prices end 2012 on a high note

Live cattle prices on the monthly nearby futures chart have rallied to within a couple of dollars of the historical high of $131.05, which was established in March 2012. Long-term charts, such as the monthly live cattle chart illustrated here are invaluable for identifying major price trends, as trendlines and formations on a weekly or