David drozd

Resistance is a term used to describe a price level where the selling of futures contracts is expected to halt the current upward move in market price. On the daily charts, these areas will appear as well-defined price ranges within which the market previously traded essentially sideways (A), prior to making a decisive move down.

Canola’s upward advance stalls at resistance

David Drozd Resistance is a term used to describe a price level where the selling of futures contracts is expected to halt the current upward move in market price. On the daily charts, these areas will appear as well-defined price ranges within which the market previously traded essentially sideways (A), prior to making a decisive


Canola looks good for 2009-10, but not as good as 2008-09

DON BOUSQUET It’s Your Business 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 Jan. 23 mixed, with canola pressured down by increased farmer selling, a firmer Canadian dollar and weakness in the Chicago

Canola hits $10 in old and new crop

DON BOUSQUET It’s Your Business 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 Jan. 9 mixed. Canola rallied to two-month highs; strength in the Chicago soy complex, export demand as China and Pakistan


After worst year ever, commodities may lag recovery

“Confidence in the commodity market… would start to be restored when we start to see a rebound in equity markets again.” – Mark Pervan, Australia and New Zealand Bank Research Commodities, until six months ago the darling of investors and an outperforming asset class, sealed their worst year on record with accelerating losses in the

Are grain prices recession-proof?

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at ww.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Jan. 2 higher with a firm tone in the U. S. markets contributing to the gains. Canola rose back over



2009 to see strength, acreage the big question

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed f u ture s at the ICE Canada futures market closed the year with a lightly traded choppy tone as prices generally worked a bit lower. There was little fresh news. Canola climbed almost to $400


Bigger U. S. grain supply, markets rally

DON BOUSQUET It’s Your Business 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 Dec. 12 higher with gains in the U. S. grain and soy markets boosting prices. Canola saw solid gains, rallying

Commodity traders grow weary of market swings

“Everybody got run over by the bus going east. They got up only to be run over by the bus going west.” – CME TRADER GARY LARK From his desk alongside the Chicago Mercantile Exchange (CME) trading floor, Jim Brooks is seeing more ill-tempered cattle and hog traders nowadays as they cope with fast-moving markets