Tag Archives Commodities — page 12

The Canadian Wheat Board has just signed an agreement with CP Rail to improve service – something that’s likely to make a lot of farmers happy. CP’s bad performance has been a topic steaming up farm meetings this winter, so anything that improves that situation is a good thing. It’s a frustrating year to louse-up […] Read more

On Friday I gave you a generally bullish outlook for commodities from Barclays Capital. To stick with wonderful things British, today I bring you the thoughts of Niall Ferguson, the British historian, as voiced on this week’s episode of Consuelo Mack’s WealthTrack. (Go watch it at http://wealthtrack.com) Ferguson is a man I have often written […] Read more

In a shock to no-one, grain prices were down a bunch in yesterday’s Canadian Wheat Board Pool Return Outlook. 1CWRS 13.5 fell 65 cents per bushel from the February PRO to $8.93 per bushel. Old crop fell 25 cents to $9.36. The PRO is always a lagging indicator of what has gone on in the […] Read more

Not a lot of people would commiserate much if they heard the classic melancholy song “It’s not easy being green” being sung by Fred Green. But that’s effectively what CP Rail’s chief executive officer was doing in its first quarter 2011 financial results, which it released two days ago. Here’s Fred from the news release […] Read more

If you want to see some pretty cool high-level Elliott wave analysis of corn, soybeans and wheat markets, check out analyst Jeffrey Kennedy’s Daily Futures Junctures at www.elliottwave.com. It’s “Free Week,” which is a rotating promotional thing that makes the various Elliott Wave International publications free for a few days in order to entice you […] Read more

I always try to keep lessons like that of Deutoronomy 9:6 in mind. “Understand then, that it is not because of your righteousness that the Lord your God is giving you this good land to possess, for you are a stiff-necked people.” Quite a few times in the Good Book, God gets angry with the […] Read more

Wild market volatility is always fun to look at on the charts. So let’s have fun with a few. Here’s a fun chart showing what the commodity rally, recent weakness and Japanese earthquake/tsunami/nuclear meltdowns have done to the Loonie: That’s the Loonie in terms of the Japanese yen. Yes, as Japan’s economy has gone into […] Read more

Friday morning, as I sat in a chair at the hospital with my newborn baby daughter and my recovering-from-surgery wife, I offered thanks for the miracle of life. That’s what made it so sickening for me to read about and see on TVs at the hospital all the death, destruction and devastation that had just […] Read more

Ever see a whole bunch of cycles go out of whack all at the same time? Here’s a pic: This happens in the world’s economies and markets all the time. It’s happening right now in the world shipping market, as its wacky time-lags cause it to be completely out of whack with the rest of […] Read more

Volatility is the big thing in the markets this year and lots of people were talking volatility at GrainWorld this year. In the grain and livestock markets, volatility has been great, although nothing yet to compare to 2008. Farmers aren’t complaining much yet because the volatility has been on the generally-going-higher side of the overall […] Read more