I”m always annoyed by the blather about “stories” in business and markets media. I don’t mean real stories about something. I mean the “stories” market prognosticators are talking about when they say they “like the reflation story,” or they “like the cap-ex story,” or they like the “IMF Greece bailout story.” You hear this kind […] Read more
Ed White
Stories by Ed White
Gauging direction
The other day I heard a Wall Street technical analyst describing how he pegs a significant market turn. He said he uses a combination of the MACD (Moving Average Convergence Divergence), a notable non-confirmation from an index other than the one he’s playing, and two other factors whose nature I now forget. That’s a serious […] Read more
U.S. report shocks market
Canadian prairie farmers are facing the fallout after crop markets in the United States began nose-diving Jan. 12 with the United States Department of Agriculture report of about 330 million more bushels of corn than expected. “This has huge implications,” said George Morris Centre economist Larry Martin. “If this continues, and it probably will, we […] Read more
Seed business taps everyone’s talents
OAK RIVER, Man. – Eric McLean has an important job to do in his village – driving the Zamboni at the rink. His boss is easy on him. It’s his wife, Marnie, who is on the local southwestern Manitoba village’s rink board. Both jobs are voluntary, and back on their farm where they make their […] Read more
Agdazzled
The gods have looked down from their lofty home atop Mount Riding and blessed western Manitoba with warm weather this week. That’s ideal for Manitoba Ag Days in Brandon, which poses the yearly challenge to farmers about what to do with your coat when you go to the show. Sometimes it’s relatively cold in the […] Read more
Please cornify me!
A couple of weeks ago in St. Jean Baptiste, Winnipeg market analyst Mike Jubinville noted the bounding yield gains in corn in recent years, which have tended to make corn a profitable crop for American farmers while wheat with its lagging yield gains is becoming little more than a rotation crop for many prairie growers. […] Read more
Defiance of the unchastened
Yesterday’s hearings of the U.S. congressional inquiry into the financial collapse produced some unexpected hilarity for me, as a string of Wall Street financial bosses explained why they had nothing to do with the financial and economic collapse they engineered. Especially amusing – or appalling, if you’re of a more moralistic frame of mind than […] Read more
Wheat shares bottom of list for profitable crops this year
ST JEAN BAPTISTE, Man. – 2010 looks like a bad year to grow wheat, analysts say. While the crop’s low projected returns are mostly due in the short term to huge supplies produced in 2009, they are exacerbated by the long term slide in wheat returns for prairie farmers. “More and more growers are perceiving […] Read more
Producers committed to growing soybeans
ST. JEAN BAPTISTE, Man. – Two years of poor soybean growing conditions have not stopped Manitoba farmers from wanting to grow them in 2010. Farmers are hoping for good weather to see how the new varieties fare. “Hopefully we’ll get back to an average year,” said Manitoba Agriculture soybean specialist Brian Jack at St. Jean […] Read more
Sask., Man., travellers at risk to spread clubroot
ST. JEAN BAPTISTE, Man. – Pipeline crews and construction companies may weigh heaviest on the minds of Manitoba farmers worried about clubroot contamination. But the real danger to canola crops could be the young man who sits at their table for Thanksgiving dinner. “That’s probably your biggest risk,” said Manitoba Agriculture’s Ingrid Kristjanson during St. […] Read more
