Insights and Stories of Dave Sims

Dec. 21, 2016 at 6:20 pm CST

CNS Canada –– ICE Futures Canada canola contracts chopped around major support during the week ended Wednesday, as steady demand was countered by large supplies of oilseeds. Most traders rolled out of the January contract and into March, a move evidenced by the massive volumes on Monday and Tuesday. “People […]

By Dave Sims

Dec. 16, 2016 at 5:20 pm CST

CNS Canada –– Soybean acreage looks set to increase next year in Manitoba due to good yields and prices. The expansion comes despite the fact the province is overdue for a killing frost and U.S. acreage is set to grow. “This year we had just over 1.6 million acres planted. […]

By Dave Sims

Dec. 8, 2016 at 8:00 pm CST

CNS Canada — It’s shaping up to be a typical winter season for fertilizer prices, according to an industry expert, but he cautions plant expansions in the U.S., corn acreage and the murky world of Chinese exports will all play a part in determining any price spikes in coming months. […]

By Dave Sims

Dec. 7, 2016 at 5:55 pm CST

CNS Canada — Soybean futures on the Chicago Board of Trade hung mostly rangebound during the week ended Wednesday. Attention now shifts to the crop in South America. “People will be watching the Argentine weather situation to see if it has any changes in the second-week forecast of 11 to […]

By Dave Sims

Dec. 6, 2016 at 5:42 pm CST

CNS Canada — While a wave of snow slowly pummels parts of Saskatchewan and much of Manitoba, one soil moisture expert says water is still trickling through the soil into natural water channels. According to Trevor Hadwen, agroclimate specialist with Agriculture and Agri-Food Canada’s Drought Watch program in Regina, this […]

By Dave Sims