Insights and Stories of Dave Sims

Feb. 14, 2018 at 5:33 pm CST

CNS Canada — Soybeans on the Chicago Board of Trade continue to climb on charts due to worries over dry soil conditions in Argentina and strength in soymeal — but that could change soon. Terry Reilly of Futures International in Chicago said traders are keenly watching to see soybean meal […]

By Dave Sims

Feb. 13, 2018 at 7:42 pm CST

CNS Canada — Pulse growers are facing new questions on the Prairies these days as a trade impasse with India forces many farmers to prepare for new market realities. Prime Minister Justin Trudeau next week will visit India, where the thorny subject of its levies on Canadian pulse exports will […]

By Dave Sims

Feb. 8, 2018 at 4:14 pm CST

CNS Canada — A tale of two markets is emerging in Alberta as feed users in the south take advantage of cheap corn trucked in from Manitoba, while users farther north pay higher prices. “As far as Red Deer north goes, it’s quite different than feedlot alley,” said Joseph Billett, […]

By Dave Sims

Feb. 7, 2018 at 5:42 pm CST

CNS Canada — ICE Futures Canada canola contracts finally broke through the psychologically-important $500 per tonne mark during the week ended Wednesday. That could be a fleeting achievement, however, depending on the chances for rainfall in Argentina and the next U.S. Department of Agriculture report. “If rain comes, soybeans could […]

By Dave Sims

Feb. 5, 2018 at 10:42 am CST

CNS Canada — Stocks of Canadian canola have increased substantially, according to the latest estimate from Statistics Canada. Total stocks of oats, lentils and peas also rose, but not by as much as canola. StatsCan on Monday pegged canola stocks, as of Dec. 31, 2017 at 14.15 million tonnes, up […]

By Dave Sims