Insights and Stories on Markets

Jun. 3, 2011 at 3:03 pm CDT

After not allowing grain to leave the country for almost 11 months, Russia is set re-open its export market July 1, bringing with it fears that some business will be lost in Canada and the U.S. Russia has said it will begin exporting grain again on July 1. “Last year’s […]

By Brent Harder

Jun. 2, 2011 at 11:01 pm CDT

Relatively strong canola bids currently available in Western Canada may not be around for much longer, according to an analyst who recommends farmers price what they can now before the inevitable downturn. ICE Futures Canada canola contracts have been testing upside resistance recently, and the cash bids have strengthened as […]

By Phil Franz-Warkentin

Jun. 2, 2011 at 1:51 pm CDT

Cattle prices have been sliding lower, since a two-week reversal developed in early April. This reversal pattern identified a quick halt to the rally after cattle prices climbed to an unprecedented historical high of $122.875. Two-week reversal This chart formation indicates a change in direction and can occur at the […]

By David Drozd

Jun. 1, 2011 at 4:18 pm CDT

Ottawa plans to end the Canadian Wheat Board’s marketing monopoly on spring wheat, durum and barley crops simultaneously in August 2012, the board’s chairman said after meeting with Agriculture Minister Gerry Ritz on Tuesday. Ritz made his first-ever visit as minister to the CWB’s Winnipeg head office for a brisk […]

By Rod Nickel

Jun. 1, 2011 at 5:00 am CDT

Russia may export up to 20 million tonnes of grain from this year’s crop if the harvest reaches 85-90 million tonnes, the head of the Russian Grain Union industry lobby said Monday. “The export potential is 15 million. Maybe we can even export 20 million if the harvest reaches 85-90 […]