Reading Time: 2 minutes CNS Canada — The Canadian dollar slipped after Britain voted Thursday to leave the European Union, a trend which one financial analyst expects to continue in an otherwise uncertain environment. But the loonie hasn’t fallen far enough to bring support to Canadian commodity markets. “Short-term, we’re going to be dealing with the day-to-day volatility and […] Read more
Loonie tanks post-Brexit, but benefits minimal for farmers
Fertilizer prices look to rise by late summer
Reading Time: 2 minutes CNS Canada — A rise in prices for soybeans and other crops could make fertilizer more expensive in the coming months, according to a major player in the industry. In the May market report from the Mosaic Co., the company credited the rally in agricultural commodity prices, the strengthening of key currencies and various Indian […] Read more
Built on the basis
For this farm, finding a way to participate in how local grain prices get calculated has opened the door for growth and success
Reading Time: 6 minutes Top marketers know that marketing isn’t only the act of selling, it’s the act of knowing. In particular, top farm marketers not only know their own strategies, strengths and needs, they also know how they can make them mesh with the strategies, strengths and needs of their customer, whether that’s an elevator down the road […] Read more
Could containers be the answer to the West’s grain shipping woes?
A containerized grain supply chain would enhance competition, says University of Manitoba economist
Reading Time: 5 minutes Ottawa has long been in the business of trying to fix the problem of transporting Prairie grain to the west coast by rail. Yet the issues don’t get solved. “None of the policies introduced by Raitt or Ritz did anything to deal with the surge,” University of Manitoba’s Barry Prentice says. “Worse, they have done […] Read more
CME bars grain traders for years over wash trades, spoofing
Reading Time: < 1 minute Chicago | Reuters –– CME Group said Friday it barred a grain trader from its markets for three years for executing noncompetitive transactions and suspended another for two years for market manipulation. The traders, Aleksey Vsemirnov and Stephen Duggan, could not immediately be reached for comment. Vsemirnov executed numerous non-competitive transactions in wheat, oats, rice, […] Read more
Are the current low grain prices a challenge, or opportunity?
The irony is, it’s often easier to expand in tough times
Reading Time: 7 minutes It felt like it was going to be different this time. In 2008, when the bull run in grain prices really kicked off, that was the sense that swept through the grain industry. Finally, the world was going to have to ante up and pay farmers a fair price for their products. And keep paying […] Read more