Insights and Stories of Dave Sims

Feb. 11, 2015 at 6:24 pm CST

CNS Canada –– ICE Futures Canada canola contracts were rangebound for the week ended Wednesday, but managed to post slight gains overall as a weaker Canadian dollar supported values. “Weakness in the Canadian dollar is the underlying supportive factor,” said Keith Ferley of RBC Dominion Securities in Winnipeg. Funds are […]

By Dave Sims

Feb. 5, 2015 at 6:29 pm CST

CNS Canada — Mild weather, fewer cattle and a growing list of alternative grains led Canadian cattle to chew through less feed in the first five months of the 2014-15 crop year. According to Tuesday’s grain stocks report from Statistics Canada, feed barley usage was at 2.67 million tonnes as […]

By Dave Sims

Jan. 26, 2015 at 6:50 pm CST

CNS Canada — Diesel prices in North America aren’t likely to come down to the levels of gasoline anytime soon, according to an analyst. “It’s probably going to trade at a premium to gasoline for some time,” said Phil Flynn, energy market analyst for Price Futures Group in Chicago. One […]

By Dave Sims

Jan. 24, 2015 at 4:32 am CST

CNS Canada — Foreign exports and transportation look like they could be the main issues facing the fertilizer industry in 2015. Countries such as Ukraine, Russia and Belarus are busy players on the market, with Morocco also ramping up production. As a result, more supplies of phosphates and other fertilizers […]

By Dave Sims

Jan. 21, 2015 at 5:18 pm CST

CNS Canada — ICE Futures Canada canola contracts finished higher for the week ended Wednesday, tracking the U.S. soy complex for much of the period but ultimately shooting higher due to the Canadian dollar’s sudden free-fall. The weaker currency helped improve domestic crush margins and also made canola more attractive […]

By Dave Sims