Insights and Stories of Dave Sims

Feed weekly outlook: Barley prices hang tight, await new crop

May. 24, 2018 at 7:49 pm CDT

CNS Canada — The thought of sizzling days near the end of May 2017 is helping keep feed barley prices in Western Canada well supported, according to a market-watcher. “There is that memory of last year’s drought and seeing temperatures in the high 20s and 30s at the end of […]

CBOT weekly outlook: Soy poised for move higher, waiting on China

May. 23, 2018 at 6:53 pm CDT

By Dave Sims

CBOT weekly outlook: Corn, soy sinking below major support

May. 16, 2018 at 7:40 pm CDT

By Dave Sims

Pulse weekly outlook: Good start despite dry conditions

May. 15, 2018 at 8:04 pm CDT

By Dave Sims

ICE weekly outlook: Canola waits on stocks data

May. 9, 2018 at 7:56 pm CDT

By Dave Sims

Hog prices steadying as barbecue season nears

May. 4, 2018 at 6:31 pm CDT

CNS Canada — With barbecue season on the horizon, prices for Canadian pork rose during the week ended April 27, breaking out of their month-long fall. The timing could be perfect, as negotiators have already begun working on improving trade relations and cancelling proposed tariffs on Chinese imports of U.S. […]

By Dave Sims

CBOT weekly outlook: Limited upside seen for U.S. soybeans

May. 2, 2018 at 6:58 pm CDT

CNS Canada — It’s a fluid set of circumstances for the U.S. soybean market these days as U.S. negotiators head to China in a bid to get proposed tariffs lowered on U.S. imports — but the potential for any major rally appears limited. “I would say the beans have a […]

By Dave Sims

May showers likely to leave growers unsatisfied

Apr. 30, 2018 at 9:53 pm CDT

CNS Canada — Canada’s Prairies can expect to see regular rainfall in most regions during May, but it likely won’t be enough to offset dry conditions recorded over the past several months. According to Drew Lerner of World Weather Inc. in Kansas City, the first half of May should see […]

By Dave Sims

ICE weekly outlook: Canola awaits acreage report

Apr. 25, 2018 at 7:16 pm CDT

CNS Canada — This week’s acreage estimates from Statistics Canada could bring an end to canola’s recent chart surge upward — or could give futures the impetus to move even higher. The dominant July contract closed Wednesday at $535 per tonne, a gain of $8 from the previous Wednesday’s close. […]

By Dave Sims

Pulse weekly outlook: Prairie lentils look for spark

Apr. 24, 2018 at 4:34 pm CDT

CNS Canada — It’s not exactly a banner time for the lentil market. Prices have been steady to slightly lower over the past month as lacklustre interest and Indian tariffs on peas and chickpeas have largely dissuaded farmers from planting pulses in general. “I think the impact and extension of […]

By Dave Sims