Insights and Stories of Dave Sims

ICE weekly outlook: Values head higher as inverse widens

Jun. 18, 2014 at 6:15 pm CDT

CNS Canada — ICE Futures Canada canola futures turned higher during the week ended Wednesday, with the biggest increases happening in the nearby months while prices stayed rangebound for the more deferred contracts. “The inverse has really widened out, compared to where it was,” said analyst Jonathon Driedger of Farm […]

Prairies expected to stay wet

Jun. 17, 2014 at 5:44 pm CDT

By Dave Sims

Rain creates uncertainty for eastern Prairie farmers

Jun. 17, 2014 at 5:26 pm CDT

By Dave Sims

Canaryseed bids still under pressure

Jun. 13, 2014 at 6:13 pm CDT

By Dave Sims

Late seeding keeping mustard bids firm

Jun. 10, 2014 at 5:42 pm CDT

By Dave Sims

ICE weekly outlook: Bounce unlikely for oversold canola

Jun. 4, 2014 at 8:41 pm CDT

CNS Canada — ICE Futures Canada canola futures moved slightly lower during the week ended Wednesday, as a large sell-off in wheat and favourable weather conditions pressured canola values. While canola is looking oversold on the charts, any corrective bounce may be short-lived, according to an analyst. “Canola is technically […]

By Dave Sims

Phosphate shortages felt in Alberta

Jun. 3, 2014 at 6:35 pm CDT

CNS Canada — Logistics problems, supply shortages and other variables affecting the fertilizer industry seem to have impacted the number of Alberta acres that got phosphate applications. “I would suspect it’s somewhere around 20 per cent, maybe, that didn’t get phosphate fertilizer,” said Lynn Jacobson, president of the Alberta Federation […]

By Dave Sims

Alta. cash barley prices begin to loosen

May. 28, 2014 at 10:59 am CDT

CNS Canada — Cash barley prices have begun to weaken in the key cattle feeding area of Lethbridge, Alta., as feedlots have shipped out many of their animals for the season and demand for feed starts to decrease. According to Jim Beusekom, grain broker at MarketPlace Commodities in Lethbridge, current […]

By Dave Sims

Volatile forage market seen keeping alfalfa prices high

May. 27, 2014 at 3:03 am CDT

CNS Canada — Volatility on the forage market has driven alfalfa prices to all-time highs in Western Canada and it doesn’t appear they’re going to come down anytime soon, an industry expert says. The high prices can be chalked up to a few reasons, according to Ed Shaw, owner of […]

By Dave Sims

Cattle market could be due for setback, analyst says

May. 22, 2014 at 7:31 pm CDT

CNS Canada — Record-high cattle prices, tight feeder supplies and tonnes of producer optimism are causing concern for one Alberta market analyst who believes the market may be due for a setback. Errol Anderson of Pro Market Communications in Calgary said market conditions are so heated right now, he’s hearing […]

By Dave Sims