Reading Time: 6 minutes At the heart of the issue is something known as a letter of credit, or LOC. These are essentially promissory notes that are backed by a financial institution with credibility, and their purpose is to ensure the money is there. Now there’s a question hanging over global commodity markets in the form of the Anglo-Swiss […] Read more
Could we see a Lehman Brothers-style collapse in grain markets?
There's a big difference to market noise and market reality. We ask Errol Anderson, is it all just talk?
Klassen: Various views on the feeder cattle market
Reading Time: 2 minutes If you talked to three Western Canadian cattle buyers this week, you probably would receive four different views on the market. Certain auction barns were reflecting an average week-over-week decline of $3 to $5 but feature strings of cattle were back up to historical high prices. Early sales in the season are like tryouts at a […] Read more