Hedging strategies if you’re selling in the U.S.

If you sell product to the U.S., as many Canadian businesses do and want to protect yourself, you are probably asking what to do if the loonie is worth more than a U.S. greenback, which it has been again recently. With many risk-management tools available today, what is the best strategy for you in your

Currency risk protection offered

Volatile currencies can hurt your bottom line more than changes in commodity prices. That’s why the Keystone Agricultural Producers (KAP), in conjunction with Western Union Business Solutions, is introducing a new foreign exchange risk-management program. “If it makes sense to a producer, we can provide a solution,” said Mark Kelly, Western Union Business Solutions’ senior


Speculators raise wheat short to record high

Large speculators raised their net short position in Chicago Board of Trade wheat futures and options to a record high amid ample stocks at a time of increased interest in the export market, regulatory data showed Feb. 24. The non-commercial traders, a category that includes hedge funds, cut back on their bullish bets on corn

It’s today’s price, not the future price

Stirling Moss, a famous racing driver of the 1950s, once said that the male of the human species will admit to not being good at just about anything except being a good driver or a good lover. If we are talking about some of the grain farmer subspecies, we might add a third skill, that



Oilseed Demand Outweighs Harvest Pressure

ICE Futures Canada canola contacts moved higher during the week ended Sept. 1, as production concerns, advances in outside markets, solid end-user demand, and fund buying all provided support. However, the futures did run into some solid resistance to the upside, and profit-taking at the highs served to limit the advances. Harvest operations are moving

Planting For The Future

There are many things that gardeners do which do not reward them with immediate results. As one senior gentleman told me years ago, “We plant trees for the next generation.” Indeed, unless you are substantially younger than I am, any trees you plant will not reach full maturity in your lifetime. It takes a certain

Risk-Averse Investors Ignore Weather Signals

Old-crop canola con-t racts on the ICE Futures Canada trading platform took it on the chin during the week ended April 15, suffering larger losses than the new-crop months. The complete lack of buying interest resulted in the nearby May and July canola futures suffering some significant declines. Steady elevator company hedge selling, prompted by


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,

Commodity Sell-Off Has Winners And Losers

The biggest decline in commodity market value since the financial crisis of 2008 looked like funds running for the exits, but big differences in open positions between oil, grains and other commodity markets will signal which markets may still be overextended. Based on the decline in open interest – the number of contracts bought or