Prediction Of Record Canola Acres Meets Resistance

Canola futures on the ICE Futures Canada trading platform experienced a bit of a roller-coaster ride during the week ended March 5, as values pushed down one day and then moved up the next. On the week, canola values pushed upward thanks to steady domestic crusher demand, the surfacing of some fresh export demand and



Bakers Want To Limit Speculation

Small bakeries say speculators are raising food costs and urged the U.S. futures regulator to curb trading by funds and other big investors. “As bakers, we do not pretend to know the complex and sophisticated rules and practices of the commodity markets,” said the Independent Bakers Association in a letter to the Commodity Futures Trading

How Much Wheat Have You Priced?

Delivering wheat to the Canadian Wheat Board (CWB) isn’t the same as pricing it, even if the wheat is just going into the pool. And until grain is priced its value can go up or down. That’s why about a year ago the CWB introduced a price calculator farmers can access on the CWB’s website


Canadian Wheat Board CEO Sees Shift In Food Pricing

Farmers in Canada, the world’s third-largest wheat exporter, are set to sow many of the millions of acres left fallow last year, even as volatile crop prices underscore a new economic reality for grain markets. After a week in which disconnected political upheaval in Libya triggered the biggest price collapse in months, the chief executive

Grain Trade Veterans Flummoxed By Market Reaction

It was supposed to have been a benign U.S. government report, a highly provisional glimpse at this year’s crops – something expert grain traders would take note of before going about their business. Instead, the U.S. Department of Agriculture’s first look at crop production in the United States this year released on Feb. 14 –


Canola Futures Slip Despite Industry’s Efforts

Canola futures on the ICE Futures Canada trading platform experienced a setback during the week ended Feb. 11 as the taking of profits and overbought market conditions encouraged selling. The price setback seen in Chicago Board of Trade (CBOT) soybean and soyoil futures also sparked some of the downward price action seen in canola. Support

Delisting Western Barley Futures Not In Cards Just Yet

Although open interest in western barley futures on the ICE Canada trading platform continues to be virtually non-existent, officials with the exchange are hoping the industry will again participate in the contract and prevent the delisting of the commodity. “We are not currently considering delisting the western barley contract at this time,” said Brad Vannan,


Last Train Out Of Town?

With the fate of a significant portion of the rail line along Highway 2 in southern Manitoba about to be settled, I thought it a good time to question the relevance of what has been a part of our communities and our way of life for over 100 years. The value of this asset is

StatsCan Canola Data Shows Less Supply, More Demand

Canola futures on the ICE Futures Canada trading platform posted some significant advances during the week ended Feb. 4, with new contract highs established in a number of months. Strong domestic processor demand for canola, along with continued strong export interest, helped to stimulate some of the strength. Adding to the upward price momentum were