Insights and Stories of Dave Sims

Oct. 21, 2014 at 6:27 pm CDT

CNS Canada –– Most of the edible bean harvest in Manitoba is complete, according to a stakeholder in the industry, but he says market conditions are “flat” for the crop’s arrival. “Your grower price: we’re at the 26 cent mark for pintos, navy are in the 28 (cent) mark. They […]

By Dave Sims

Oct. 15, 2014 at 5:44 pm CDT

CNS Canada — Soybean futures on the Chicago Board of Trade (CBOT) were higher during the week ended Wednesday, driven upward by harvest delays over wet weather and sluggish farmer selling. “These rallies don’t make a lot of sense to me but we were due for a bit of a […]

By Dave Sims

Oct. 15, 2014 at 5:26 pm CDT

CNS Canada –– Increased competition from pork and poultry may be the factors that ultimately stop skyrocketing beef prices across North America, according to one cattle market analyst. “We’ve had a phenomenal year of demand for beef and prices have been record-high right through the whole pipeline so the question […]

By Dave Sims

Oct. 9, 2014 at 3:04 pm CDT

CNS Canada — Questions are being asked over how much barley in Western Canada will be good enough to meet malting standards in 2014-15. This year’s crop was already going to be smaller than last year’s, said Brian Otto, past-president with the Western Barley Growers Association. Statistics Canada estimated overall […]

By Dave Sims

Oct. 8, 2014 at 6:47 pm CDT

CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as values start to rebound slightly in the face of the advancing Prairie harvest. Despite moderate gains, one trader sees resistance ahead for values. “It is going to be tough to rally very far; buyers […]

By Dave Sims