China’s Tight-Money Policy Drags Down Commodities

Canola futures on the ICE Futures Canada trading platform maintained an upward price trend for much of the week before the Chinese government’s decision to keep a tight monetary policy sent world currencies into a frenzy and sparked a massive speculative sell-off of commodity positions. The speculative liquidation essentially sent CBOT (Chicago Board of Trade)

CWB Is About Much More Than Selling Grain

Iwould like to take this opportunity to introduce myself. My name is Garry Draper and my farm is located at Lenore, Man. My wife, Holly, and I have been married for 30 years and have two sons, Shaune and Michael. Both of our sons have bought farms, and together we farm 2,100 acres of wheat,


Loonie’s Rise Doesn’t Slow Canola’s Climb

Canola futures at ICE Futures Canada were higher during the week ended Nov. 8, continuing the steady climb that’s been in place since the beginning of October, and going back to June in the monthly charts. While underlying concerns about the size of the Canadian canola crop remain supportive overall, the gains this week were

U.S. Soy Farmers Hanging On To Their Crop

Grain companies will have to pay up to get deep-pocketed U.S. farmers to part with soybeans, as about half of the crop remains unsold at a time when soymeal demand rises seasonally and the export program could be extended by planting delays in Brazil. Soybean basis bids – the amount above or below Chicago Board


Canola Trend Seen Continuing Upward

Canola futures on the ICE Futures Canada trading platform continued their upward trek during the week ended Oct. 22. The strength displayed by canola was again linked to Canada’s domestic processing industry who have an aggressive crush program in place. Favourable crush margins and good canola product sales on the books have resulted in this

Wheat Prices Seen Rising Further As Fall Seedings Decline

Canola futures on the ICE Futures Canada trading platform strengthened during the week ended Oct. 15, with much of the upward price momentum encouraged by the gains experienced by CBOT (Chicago Board of Trade) soybean futures as well as by the aggressive demand from the Canadian canola-processing industry. Fresh speculative demand surfaced during the week,


Farmer Hedges Follow Canola Upward

The roller-coaster ICE Futures Canada canola market climbed to some very high levels during the week ended Oct. 8, hitting the elusive $500-per-tonne level for the first time in many months at one point Friday before backing away as harvest pressure and profit-taking came forward. The gains were largely a knee-jerk speculative reaction to some

Corn Prices Driven Higher By Record Speculative Longs

Co r n prices have rallied $2.50 per bushel, since the market stopped going down on June 29, 2010. Some of the buying is a result of hedgers locking in prices before the market goes higher. But to a larger degree, it is the large speculative buy orders that have driven prices to $5.73 per



EU Targets Market Speculation – for Sep. 23, 2010

BRUSSELS/PARIS/REUTERS The European Commission is taking aim at growing speculation and volatility in commodity markets, using its plan to reform wider financial markets, just as EU grain futures hit contract highs Sept. 20. Michel Barnier, the European Commissioner in charge of financial reform services, said at a conference that he wanted to use a planned