Profitable Futures Slow U. S. Hog Herd Liquidation

U. S. hog producers who have reduced their herds after a couple of rough years may be slowing that process as Chicago futures prices suggest this could be a profitable year for hogs. The latest U. S. Agriculture Department data shows that sow slaughter has slowed and is now less than a year ago, a

Hogs Rally On Strong Cash Markets

U. S. hog futures rose for a second straight day to its highest level in 18 months Feb. 26 as tight supplies continued to stoke cash markets, and late in the session fund buying. Most-active April contract rose 6.1 per cent during the month. June equalled a contract high, while both July and August set


Slumping Prices Cloud Seeding Decisions

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca ICE Futures Canada canola futures traded within a relatively narrow window during the week ended Feb. 19, but managed to close near the top end of that range by Friday. Spreading accounted for the bulk of the volumes, with short

The Year Of The Tiger

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Editor’s note: Don Bousquet’s “It’s Your Business” column is not available this week. ICE Futures Canada’s canola contracts trended higher for most of the week ended Feb. 12, before dropping on Friday to end slightly lower. Profit-taking ahead of the


Canola Outpacing Soybeans

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Canola contracts traded on the ICE Futures Canada platform managed to move higher during the week ended Feb. 5, but not before setting fresh contract lows to start the week. The downtrend over most of January finally persuaded farmers to

Low Interest Rates Fuel Speculation

“With grains you have quite clearly a structural bull market for many years to come. If you could store grains for 10 years, then you would buy them and put them away.” – jonathan compton, bedlam asset management Ultra-low interest rates are bringing a wave of speculation to commodities, inflating a bubble that will inevitably


Ag Sector Pressured By Lower Crop Prices

A plunge in grain prices to start 2010 has pressured shares of some Canadian agricultural companies, but the pullback may be short lived given the industry’s strong long-term fundamentals. Analysts said the multiyear trend of improving diets in populous, developing countries like China and India remains intact, suggesting investors may find opportunities after recent price

2010 — The Year Of The Commodity Fund

2 010 may turn out to be the year of the commodity fund. Burnt by the financial crisis of the last two years, money managers are now raising sharply the amount of money allocated to raw materials such as oil, gold, copper, sugar and coffee. The value of commodity funds looks set to grow by


USDA Shakes Markets, Highs Likely Behind Us

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oi l s e e d prices at ICE Futures Canada in Winnipeg closed the week ended Jan. 15 lower, with canola seeing the biggest slide. Canola was pressured down by the weakness in the Chicago soy

Speculators Not Blamed In Cotton Futures Spike

“There is no smoking gun. If there was, obviously somebody would have been prosecuted.” – SHARON JOHNSON, FIRST CAPITOL GROUP Market manipulation did not cause cotton futures prices to artificially spike in 2008, the U. S. Commodity Futures Trading Commission said Jan. 5, after a lengthy investigation spanning nearly 20 months. Evidence found a host