U.S. farmers, ranchers out $100 million

U.S. farmers and ranchers who had accounts with failed broker MF Global have got back the bulk of their money, but are still owed about $100 million. The $100 million is believed to be part of MF Global customers’ $1.2 billion in funds that remain missing after the chaotic flame-out of the broker. Thousands of

How Euro zone uncertainty affects wheat markets

Charting and technical analysis may be likened to reading a price road map where patterns form on the chart representing the road signs. If one is going to undertake a study of charts, it is imperative to learn the signs and their implications for prices. Classic formations, once identified, will point the way, signal caution,


No Money, No Sale, Says MBP Resolution

co-operator staff / Brandon Three resolutions aimed at protecting ranchers in the event of a dealer bankruptcy were the subject of debate at the recent Manitoba Beef Producers annual general meeting. The first, which called on MBP to lobby for laws making the transfer of ownership of cattle or commodities incomplete until payment is made

Spillover Buying Drives Up Prices

REUTERS / U.S. December cattle futures sprinted to their highest ever for a spot month Nov. 4, in response to strong cash cattle prices and broader market advances driven by Greece debt resolution optimism. Cash cattle and outside markets ran higher, so you re bound to get some spillover buying across the board on the


Topping Action In Soybean Meal Sends Calming Signal

Livestock producers were left scratching their heads when the December 2011 soybean meal futures contract posted a new high in late August. The news was incredibly bullish, as concerns of an early frost were on producers minds. The big question was, Should I be locking in the price of meal before it gets any higher?

EU Meltdown Takes Down Global MF

The Chicago Mercantile Exchange and ICE Futures Canada said Oct. 31 that customers of broker-dealer MF Global were limited to liquidating their positions. The exchange, which owns the Chicago Board of Trade, said it would no longer recognize MF Global, which filed for Chapter 11 as a guarantor for floor trading. The company filed for



Harami Predicted A Strong U.S. Dollar

You d be hard pressed to find anyone this summer who wasn t aware of the United States escalating debt, increasing unemployment and home foreclosures that produced the current economic slowdown. All summer, as the news grew increasingly bearish, with newspaper headlines suggesting the greenback was about to crash and burn, more market analysts began


Gold Shines In Light Of Economic Uncertainty

Gold has garnered a lot of attention since nearly doubling in price over the past three years and gaining over 600 per cent this past decade. Gold’s lustre comes from the fact investors have always viewed the shiny metal as a safe investment in times of economic uncertainty. Unknown outcomes for debt-ridden countries such as

Time To AgriInvest

When 2010 AgriInvest Deposit Notices appear in mailboxes in the coming weeks, producers are encouraged to take advantage of this easy-to-use program. AgriInvest is a self-managed producer-government savings account that allows producers to set money aside which can be used to recover from small income shortfalls or to make investments to reduce on-farm risks. The