(Dave Bedard photo)

ICE to move canola trade to U.S. exchange

The business of trading and clearing canola futures is poised to leave Winnipeg for New York City this summer. Atlanta-based Intercontinental Exchange (ICE), the operator of canola exchange ICE Futures Canada, announced Tuesday it will be “transitioning” the trading and clearing of canola contracts to New York-based ICE Futures U.S. and ICE Clear U.S. ICE


The railway ‘spaghetti’ network

The railway ‘spaghetti’ network

Our History: January 1975

The map of the rail network in Western Canada looked a lot more like spaghetti in 1975. In our January 2 issue, we reported that the federal government had announced the basic rail network of 12,413 miles would be protected until 2000, and that 6,283 miles would be reviewed. It was later announced that would

Farmers urged not to vote for rapeseed

Farmers urged not to vote for rapeseed

Our History: November 1973

This ad by the Winnipeg Commodity Exchange in our November 22, 1973 issue encouraged farmers not to vote for rapeseed to be put under control of the Canadian Wheat Board in an upcoming plebiscite. The results were 52.7 per cent of keeping the open market, 46.2 per cent for CWB control and 1.1 per cent

Cereal Implements, first in self-propelled swathers

Cereal Implements, first in self-propelled swathers

Our History: August 1986

Canadian Co-operative Implements Ltd. (CCIL) started in 1940 as a co-op to market equipment and later manufacture its own. In 1973, CCIL built a large plant in Winnipeg to manufacture combines, swathers, discers, cultivators, harrows and other equipment. The decision turned out to be a poor one for the company, and it struggled for several


New player in deregulated market

A Southeast Asian agri-food processor and a U.S. commodity trading firm are pairing up to enter the deregulated Prairie grain and oilseed supply chain. Singapore-based Olam International and Kansas City’s Lansing Trade Group have announced a new 50-50 joint venture, Lansing Olam Canada, to “originate and merchandise Canadian grains and oilseeds.” The two companies said

Which wheat market best?

The end of the Canadian Wheat Board’s single desk Aug. 1, 2012, will create an increased need for a viable futures market to manage risk and aid in price discovery, said representatives of the Chicago Board of Trade, Minneapolis Grain Exchange, and ICE Futures Canada as they highlighted the benefits of using their respective contracts

Larger Economic Issues Weigh On Canola

column Canola futures on the ICE Futures Canada trading platform resumed a downward price trend during the week ended Oct. 21. Losses were attributed to the price declines experienced by CBOT (Chicago Board of Trade) soybeans and outright liquidation by speculative fund accounts. Elevator company hedge selling was also evident, especially when canola showed signs


Remembering Don Bousquet

Many readers knew Don Bousquet through his “It’s your business” column, which has been in the Co-operatorfor more than 25 years. Many across Western Canada knew his voice, heard twice daily on his Farm Market News market report, broadcast on Prairie radio stations for the past 36 years. Some may also have seen Don in

Ice Futures Canada Administrative Offices Set To Move

Winnipeg’s downtown Commodity Exchange Tower will soon be a misnomer. The lease is up and offices of ICE Futures Canada, Inc., formerly the Winnipeg Commodity Exchange will be moving closer to the suburbs in June, according to the president and CEO of the exchange. Brad Vannan said that the space currently used by the organization