“It’s tough to make predictions, especially about the future.” – Yogi Berra

The perils of the crystal ball 

The quagmire of uncontrolled variables puts any prediction, even expert ones, on shaky ground

There’s a quote from professional baseball player Yogi Berra: “It’s tough to make predictions, especially about the future.” It’s hard to say it better, but Dan Gardner’s book, Future babble: Why expert predictions fail — and why we believe them anyway, may just do that and a lot more.  At the essence of it, the



(File photo by Dave Bedard)

Canola values swing within sideways path

FUTURES | The spring seeding window continues to narrow for Manitoba farmers

The ICE Futures canola market saw some wide price swings during the last full week of May, holding within a sideways pattern overall as traders wait to get a clearer picture on new-crop production. After the drought-stricken 2021 crop, ample precipitation in the eastern Prairies this spring has done much to alleviate the moisture situation


Manitoba cattle sales for the week ending May 27, 2022.

Livestock markets: Numbers shrink at sales as prices remain firm

High feed costs continue to put pressure on cattle values

In seeing reduced numbers of cattle coming to auction, Scott Anderson of Winnipeg Livestock Sales noted “the quiet time of the year” has begun. “A lot of guys have either turned their cattle out or are just trying to get going on the land,” Anderson said. In terms of quality, he said the ordinary cattle or plain cattle

Editorial: Beware of the POTUS effect

Editorial: Beware of the POTUS effect

It’s well known that U.S. President Joe Biden faces a steep challenge when it comes to winning over voters in farm states, but his efforts of late should give farmers here on the northern side of the border pause. That’s especially so when the goals of ramping up production and curbing inflation appear in the


manitoba cattle auctions may 2022

Cattle markets: Wet conditions hamper southwest

Many Manitoba pastures are greening up but far from ready to take cattle

While areas in the Red River Valley continue soaked and even flooded, cattle producers in Manitoba’s southwest are also having issues with the waterlogged conditions. From May 9 to 15, between 40 to 50 millimetres of precipitation fell onto Killarney, 100 km south of Brandon and 20 km north of the U.S. border, according to



ICE July 2022 canola (candlesticks) with Bollinger bands (20,2) and November 2022 canola (yellow line). (Barchart)

ICE weekly outlook: Canola sideways for now

MarketsFarm — The ICE Futures canola market may have seen some large price swings over the past few weeks, but remains relatively rangebound overall with values sitting just below their all-time highs. The upward momentum is slowing down, said David Derwin, a commodities investment advisor with PI Financial in Winnipeg. However, he added, it remains