USDA Faces Industry Grilling On Corn Stocks Data

Grain traders were expected to pepper U.S. Department of Agriculture officials with questions on Monday this week about how they came up with surprising crop data that has prompted wild swings in futures prices. USDA is widely regarded as the world s best source of information on U.S. and global crop supplies. But over the

Canola Futures Recovering On Fresh Chinese Demand

Dwayne Klassen CNSA Canola futures on the ICE Futures Canada trading platform managed a rally during the week ended Oct. 14, recovering some of the losses experienced in the previous reporting periods. Confirmation of fresh Chinese demand for Canadian canola helped to generate some of the price strength, as did the reluctance of Prairie producers


Cwb Impasse Stymies Buyers

Canadian millers could be forced to import wheat from the U.S. if they can t forward contract with the Canadian Wheat Board or private trade during the transition to an open market, industry officials say. Millers and other food processors routinely forward contract wheat up to a year in advance but the pending end of



Can Ritz Deliver On His Promises?

The federal government has promised western Canadian farmers they can have the Canadian Wheat Board and an open market too. Most farmers assume the only major change to the wheat board will be the loss of its monopoly over the sale of western Canadian wheat and barley destined for export or domestic human consumption. The

Highs Likely In For Canola Market As Harvest Ends

column Phil-Franz Warkentin CNSC The ICE Futures Canada canola market saw some wide price swings during the week ended Sept. 30, finishing with declines after testing downside resistance on a number of occasions. On the whole, the bearish factors in the market outweigh anything supportive, but a short-covering bounce does remain a possibility going forward.


Economic Jitters, Harvest Pace Weigh On Grains

Canola futures on the ICE Futures Canada trading platform suffered a serious price setback during the week ended Sept. 23. Global macroeconomic concerns combined with an aggressive harvest pace on the Canadian Prairies to send values down sharply. All the canola contracts lost at least $20 per tonne each. The penetrat ion of support in

Oilseed Supplies Drag On Canola Demand

Canola futures on the ICE Futures Canada trading platform lost some significant ground during the week ended Sept. 16, with the advancing harvest in Western Canada and reports of better-than-anticipated yields encouraging the downward price slide. Producers were also delivering canola right off the combine and into the country elevator system, which contributed to some


“Monstrous” Canola Yield Reports Pressure Futures

Canola futures on the ICE Futures Canada trading platform experienced a minor push to the downside during the week ended Sept. 9. Declines were influenced by the favourable weather for harvest operations, particularly in Saskatchewan and Manitoba, and indications that some monstrous canola yields were being achieved. The larger-than-expected supply of canola in commercial and

CME Hogs Drop Seven Per Cent In August

CHICAGO/REUTERS U.S. hog futures on Aug. 31 finished down seven per cent for the month, livestock traders said. With the onset of cooler weather, hog weights have rebounded and put more hogs in hands of packers to pump more pork into the retail sector. In early August, the Midwest was in the grip of a