Grain Markets Turning Increasingly Bullish

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended May 14 mixed. Canola was higher, supported by strength in the U. S. soy complex. Canola was also lifted by a strong export lineup, favourable

CBOT Says It Is Still The Global Benchmark

Chicago Board of Trade, the world’s largest grain exchange, has no fear of its wheat contract being challenged as the global benchmark for prices by an upstart from Australia, a senior official told Reuters. Australia’s stock exchange operator, ASX Ltd., plans for its Hard wheat export futures contract to begin trading in May, opening up


Grain Swaps Offer Hedgers Brave New World

Ready or not, here they come. After years of planning, the Chicago Board of Trade has introduced a new hedging tool for the world grain industry that differs significantly from its century-old futures markets, but promises to take the risk management game to a new level – once everyone gets on board. “So far my

Pulses Should Be Listed In Dubai, Trading Exec Says

Pulses should be listed on Dubai’s futures exchange because their production is much more efficient than animal protein, a senior trading house executive told Reuters March 30. Traders have been urging managers of the Dubai Gold and Commodities Exchange to list pulses – such as peas, beans, lentils and chickpeas – since 2005, said Sudhakar


Time For A Wheat Reserve

And Joseph went out from the presence of Pharaoh, and went throughout all the land of Egypt. And in the seven plenteous years the earth brought forth by handfuls. And he gathered up all the food of the seven years, which were in the land of Egypt, and laid up the food in the cities:

Australians Unhappy With CBOT, Launch Own Futures

Australia’s stock exchange operator, ASX Ltd., will launch a wheat export futures contract this summer, it said March 13, raising hopes for a new global reference price to complement the dominant U. S. market. ASX said it expected the contract to start trading in May. Australia liberalized overseas wheat sales last year, opening up the


Canola’s 2009-10 Outlook Weakening

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended March 6 mixed, reflecting a mixed tone in the Chicago market. Canola was higher in the old crop, supported by the tightness in the cash

Trade Says Study Does Not End CBOT Wheat Flap

The U. S. grain industry says a study suggesting the Chicago Board of Trade’s beleaguered wheat futures contract has not been ruined by huge inflows of Wall Street money does not fix a contract it calls “broken.” The Nat ional Grain and Feed Association said a study issued last week by top agricultural consultant Informa


Mood In Grains Cautiously Upbeat

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Feb. 27 mainly lower on sluggish demand. Canola saw moderate declines despite the fact that the U. S. soy complex was higher and the Canadian

Oilseed Markets Under Pressure For Now

Large global oilseed supplies, a lack of economic confidence, and expectations for increased world oilseed production, should all serve to keep U. S. soybean and Canadian canola markets under pressure through the first half of 2009, according to a U. S. analyst speaking at the Canadian Wheat Board’s annual GrainWorld Conference in Winnipeg, Feb. 23.