Insights and Stories of Rod Nickel

Sep. 8, 2015 at 5:05 pm CDT

Winnipeg | Reuters –– Farmers in Western Canada, whose crops have been battered this year by drought and hail, may be in line for a break in the weather as they bring in the harvest. Temperatures are forecast to remain above freezing for more than a week, delaying the first […]

By Rod Nickel

Sep. 4, 2015 at 3:25 pm CDT

Reuters — Chicago wheat edged higher after touching a five-year low on Friday, and corn also inched up as investors covered short positions in both grains after recent declines. The nearby contract for wheat finished with its fourth straight weekly loss in the face of stiff export competition from northern […]

By Rod Nickel

Aug. 26, 2015 at 3:57 pm CDT

Reuters — U.S. soybean prices dropped on Wednesday on concern that interest rate cuts in China may not be enough to stimulate growth in the key importer. Corn slipped on technical selling, and Chicago wheat lost ground on concerns about export competition as the dollar rose, traders said. Chicago Board […]

By Michael Hogan, Rod Nickel

Aug. 25, 2015 at 6:10 pm CDT

Winnipeg | Reuters — U.S. soybeans rebounded on Tuesday off a more than six-year low, helped by China’s decision to cut interest rates, although fears of a cooling economy in the world’s largest buyer of the oilseed kept gains in check. Bargain buying and a bounce in other commodities, such […]

By Rod Nickel

Aug. 14, 2015 at 3:00 pm CDT

Winnipeg | Reuters –– U.S. soybean futures dropped on Friday as favourable rains were expected to move into the U.S. Midwest, finishing with a big weekly loss. An unexpected increase to the U.S. harvest outlook on Wednesday hung over the market, after soybeans, wheat and corn all rebounded in the […]

By Rod Nickel