Insights and Stories of Dave Sims

Jul. 26, 2018 at 4:46 pm CDT

CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because […]

By Dave Sims

Jul. 25, 2018 at 6:29 pm CDT

CNS Canada — Corn futures on the Chicago Board of Trade chopped around for much of the week ended July 25, but could be poised to move higher. There are ideas a trade deal between the U.S. and Mexico could be reached over some agricultural commodities such as corn, according […]

By Dave Sims

Jul. 24, 2018 at 8:06 pm CDT

CNS Canada — A lack of moisture continues to plague Manitoba’s edible beans, but according to one specialist, the crop should still enjoy another strong year. “Most areas have gotten just enough rain to keep things in good condition,” said provincial pulse specialist Dennis Lange. The Winkler region, long considered […]

By Dave Sims

Jul. 18, 2018 at 8:30 pm CDT

CNS Canada –– A lack of rain in Western Canada may be the only thing keeping canola futures prices from dropping much further than they have already. The dominant November contract was above $525 a tonne in late June, but has since fallen to the $490 mark as of Wednesday. […]

By Dave Sims

Jul. 13, 2018 at 4:14 pm CDT

CNS Canada — The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and pulled canola up and down in recent years. However, since the start of 2018, the gains enjoyed by crude oil […]

By Dave Sims