Winnipeg canola began September with another rise, to $464.80 per tonne, on the November canola futures contract, a rise of $2.80 from the previous close.Canola’s strength was in contrast to Chicago soybeans, which fell three cents to $10.06 per bushel, but moved with Chicago soybean oil, which rose 14 cents to close at 40.19 cents.Traders […] Read more
Ed White
Stories by Ed White
Rain, grey skies, autumn coming
For two days it’s been raining here in Winnipeg, with clashes of thunder scaring my dogs, delighting my children and making the world seem grey, menacing, cold and unpromising. Here’s a good description of the situation: “The thunder was continuous. The lighning went on and off as though a child were playing with a switch. […] Read more
Canola remains stable
Canola started and ended the last day of August at about the same level, rising only 90 cents from the open to close at $462 per tonne on the November contract, a fall of 70 cents from Monday’s close. Later contracts showed slight gains, a product of weather worries, traders said.Wet and cool weather is […] Read more
Canola has wild ride
Winnipeg canola experienced a flat Monday, closing at $462.70 per tonne, up 20 cents.Canola experienced its largest swings soon after trading began, moving up $4 and then down $10, but it quickly moved back to tight range near the opening value and stayed there for the rest of the day.General market malaise kept trading quiet, […] Read more
Canola up, again, to finish the week
Canola finished the week with another up day, closing at $462.50 per tonne or $10.49 per bushel for the November Winnipeg futures contract.That was a rise of $5.90 per tonne.Traders attributed the strength in canola in the latter half of the week to weather concerns, a stronger tone in Chicago soybeans and soybean oil, and […] Read more
Whiff of Vladimir
As always happens, whenever I go away for a couple of weeks of holidays the markets get exciting. Fortunately I was still around when the Russians slammed the door shut on their wheat exporters, which began a round of fun and commotion that’s still going on today. Wheat’s been wild, upping and downing itself on […] Read more
Canola continues to rise – for Aug. 26, 2010
Canola continued to rise Thursday, reaching $456.60 per tonne for the Winnipeg November futures contract, a gain of $2.90.Traders said continuing commercial hedging kept the market strong and gains in both Chicago soybeans and Malaysian palm oil futures kept prices above day-before values.But a strengthening Canadian dollar held the rise in check, as did farmer […] Read more
Canola rises on a strong day of trading
Canola sellers enjoyed a pleasant recovery in canola prices Wednesday as good commercial interest helped correct oversold conditions.”It was a very strong day,” said Union Securities broker Ken Ball after the end of trading, during which canola prices rose by $9.10 to $453.70 per tonne for the November 2010 ICE futures contract.The nine dollar recovery […] Read more
Manitoba hog producers refuse to throw in the towel
NIVERVILLE, Man. – The Falkfamily credits a combination of faithand debt for keeping them in the hogproduction business.They are now able to calmly reflecton their survival through the longestdownturn in modern hog productionhistory, but the mood was much differenttwo years ago when thereseemed little chance of surviving asfarmers.“I think he was depressed,” Chantellesaid as she […] Read more
Profits possible with group housing
Getting rid of gestating sow stalls doesn’t mean getting rid of profitability, says a Manitoba researcher who has looked into two methods of open housing. But producers might have to switch to a different form of production. “It is definitely possible for a commercial hog operation to operate profitably using a group housing system,” said […] Read more
