Insights and Stories of Rod Nickel

Apr. 7, 2016 at 4:57 pm CDT

Winnipeg | Reuters –– Richardson International, one of Canada’s two largest grain handlers, may raise the price of canola shipments to China to reflect Beijing’s costly higher standard, its CEO said Thursday. The Chinese Embassy in Ottawa said in March that China had delayed to Sept. 1 its new standard for […]

By Rod Nickel

Apr. 7, 2016 at 4:18 pm CDT

Reuters — Chicago wheat dropped on Thursday for the fourth straight session on lacklustre weekly export sales and the improving condition of the U.S. winter crop. Soybeans slid in a correction from Monday’s highest price since Aug. 17 and corn rose on speculation U.S. farmers may switch some acres to […]

By Rod Nickel

Apr. 6, 2016 at 4:42 pm CDT

Reuters — Chicago wheat fell on Wednesday to a nearly one-week low, pressured by a U.S. Department of Agriculture report that revealed U.S. wheat was progressing faster than expected. Corn rose to its highest in almost a week, following technical indicators. Soybeans gained on bargain-buying. The Chicago Board of Trade’s […]

By Rod Nickel

Apr. 1, 2016 at 4:21 pm CDT

Reuters — U.S. soybean and wheat futures rose on Friday as estimates of smaller-than-expected U.S. plantings spurred buying. Corn bounced off a 9-1/2-month low to finish up on bargain-buying. Chicago Board of Trade May soybeans rose 7-1/2 cents or 0.9 per cent to $9.18-1/4 a bushel, racking up a fifth […]

By Rod Nickel

Mar. 29, 2016 at 4:49 pm CDT

Reuters — Chicago wheat climbed on Tuesday to add to sharp gains a day earlier as the market assessed the risk of yield losses to U.S. crops due to a combination of dry and cold weather. Corn finished stronger and touched a nearly two-month high, with traders digesting news that […]

By Gus Trompiz, Rod Nickel