Insights and Stories of Dave Sims

Sep. 7, 2017 at 11:25 am CDT

CNS Canada — Diesel prices in Western Canada have risen by about six to seven cents a litre since Hurricane Harvey ravaged the petroleum-rich Texas coast. An expert with the fuel industry says harvest pressure will likely keep the diesel market from correcting downward, and push prices up a bit […]

By Dave Sims

Sep. 6, 2017 at 4:01 pm CDT

CNS Canada — Corn and soybean markets appear to be holding firm above major support levels as harvest approaches for much of the U.S. Futures have actually risen in recent days as large funds cover shorts ahead of next week’s supply and demand report, due out Tuesday next week from […]

By Dave Sims

Aug. 31, 2017 at 4:50 pm CDT

CNS Canada — It was an eventful week for the ICE Futures Canada canola market as many in the trade were preparing for the release of Statistics Canada’s crop production report on Thursday. While the report is always taken lightly because it relies on month-old data, it still gives participants […]

By Dave Sims

Aug. 31, 2017 at 11:24 am CDT

CNS Canada — Canada’s 2016 canola crop has been revised higher in Statistics Canada’s first production estimates for 2017, released Thursday. StatsCan raised the 2016-17 production number from 18.4 million tonnes to 19.6 million, and pegged the 2017 crop at 18.2 million tonnes, which was somewhere in the middle of […]

By Dave Sims

Aug. 23, 2017 at 5:58 pm CDT

CNS Canada — The potential for a storm in the Gulf of Mexico to bring rain to parts of the U.S. Midwest has caught the attention of the grain and oilseed markets. “If it turns farther north and hits some of the dry spots in Indiana, Ohio and Illinois that […]

By Dave Sims