Insights and Stories of Dave Sims

Jan. 24, 2018 at 3:41 pm CST

CNS Canada — ICE Futures Canada canola contracts are showing signs of wanting to climb higher due to recent moves in soybean oil and the Canadian dollar. The front-month March contract is still below the benchmark $500 per tonne mark but is starting to creep toward it. Some of the […]

By Dave Sims

Jan. 16, 2018 at 6:48 pm CST

CNS Canada — Feed barley prices in the Lethbridge area are showing signs of softening as the February lull approaches and warmer weather moves into the province. According to Allan Pirness of Market Place Commodities, both feed barley and feed wheat prices are around the $220 per tonne mark, down […]

By Dave Sims

Jan. 15, 2018 at 6:15 pm CST

CNS Canada — Even as large world supplies continue to weigh down the North American corn market, farmers in Manitoba can continue to hang their hats on strong yields, according to an industry expert. Manitoba’s average yield from the 2017 crop was 134 bushels an acre, according to Myron Krahn, […]

By Dave Sims

Jan. 10, 2018 at 6:45 pm CST

CNS Canada — The ICE Futures Canada canola complex is facing a slew of supportive and bearish factors as it slowly makes its way through the first part of January. Foremost on traders’ minds is a batch of reports set to be released by the U.S. Department of Agriculture on […]

By Dave Sims

Dec. 21, 2017 at 12:00 pm CST

CNS Canada — As traders exit the trading floor ahead of the holidays, canola futures continue to chop around amid thin volumes. “More and more traders are stepping away from the market, either because of holidays or not wanting to have big positions on ahead of them,” said Keith Ferley […]

By Dave Sims