Insights and Stories of Dave Sims

Jan. 28, 2016 at 1:42 pm CST

CNS Canada –– Canadian Pacific Railway’s decision to cut 1,000 jobs has caught the attention of two Prairie farm leaders. Norm Hall, president of Agricultural Producers Association of Saskatchewan, worries the move is short-sighted and may catch up with the railway in months and years to come, when commodity prices […]

By Dave Sims

Jan. 27, 2016 at 6:17 pm CST

CNS Canada — The slumping price of oil continues to weigh on the Canadian dollar, while at the same time providing a boost to Canadian grain prices. Out-of-country buyers tend to more attracted to Canadian grain and wheat when the loonie is low, as they can get more product for […]

By Dave Sims

Jan. 27, 2016 at 6:07 pm CST

CNS Canada –– Chicago Board of Trade corn futures stayed mostly range-bound for the week ended Wednesday; the corn market ebbed and flowed with crude oil and ideas of demand. However, it also felt technical pressure, according to Sean Lusk, a co-director at the commercial hedging services division of Walsh […]

By Dave Sims

Jan. 20, 2016 at 6:09 pm CST

CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, on the back of currency action that made the commodity more desirable to international buyers. “This Canadian dollar has really helped out exports to China, Japan, Pakistan and Mexico,” said Wayne Palmer of Agri-Trend Marketing in […]

By Dave Sims

Jan. 11, 2016 at 3:43 pm CST

CNS Canada –– Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as U.S. futures also rose during that timeframe. Average Canada Western Red Spring (CWRS) wheat prices were up by C$9-$10 per tonne during the period, according to price quotes from a cross-section of […]

By Dave Sims