Take a close look at the picture below, and see what you notice: The first thing you probably noticed was that it looks all fuzzy, and then you probably assumed you were overtired, lost your glasses, drunk, or all three. Don’t worry – you haven’t had a drink all day, you’re wearing your glasses right […] Read more
Tag Archives Commodities
Why people riot over rising food prices, and the impact on prices
Apologies, and headaches
First off, apologies to all those likely offended last week by my references to an outrageous photograph of herself that Kim Kardashian sent out through Twitter. Possibly three groups of offended exist: 1) Those who have never heard of KK and feel uncool by this ignorance; 2) Those who feel KK is an egregious, materialistic, […] Read more
Happy weekend!
Here are some excerpts from a few newsletters I get. They’re all bullish, so I hope they give grain growers some cheery reading for the weekend and a warm, glowy feeling, especially if they have to go outdoors to move grain in these frigid conditions: BARCLAYS CAPITAL – COMMODITIES WEEKLY (This weekly report sums up […] Read more
Who’s hot and who’s not?
Recently Kim Kardashian outraged many with her “2sexy2tweet” photo that she tweeted out to the universe. OUTRAGEOUS! Well, there was nothing so outrageous at Manitoba Ag Days this year, from a price perspective anyway, as far as I could tell. But I got the distinct sense that farmers thought new crop canola bids seemed pretty […] Read more
Correction coming?
I’m out at Manitoba Ag Days in Brandon, and as brutally cold as it is outside (I’m about to find out if my car will start this morning), farmers are glowing with optimism about the coming year. There’s a lot of anxiety amongst producers, from what I can pick up, about saturated soils that will […] Read more
2008 echoes – but which part?
Anyone who knows me knows that I go on and on – tiresomely and incessantly – with my wondering about the question: Are we re-living the 1970s or 1930s? It’s a question of vital importance for farmers, because the 1970s made lots of farmers (temporarily) rich, and the 1930s did the opposite. So whether we’re […] Read more
Some limits, some gaps, and some settling back
Well, golly, there wasn’t bad news in the U.S. Department of Agriculture’s reports today and there was stuff seen as generally good news, so up, up, up we’ve gone. Then settled back a bit. But most ag commodities haven’t locked limit up, so we can’t assume it’s nowhere but up from here. Still, the charts […] Read more
So exciting
Tomorrow (Wednesday) the USDA comes out with a handful of potentially explosive reports. It’s so exciting! The phalanx of agricultural market analysis are girding their loins and fastening their breastplates for a wild time tomorrow as – for ever so brief a moment – the world’s markets turn their attention to crop supply and demand […] Read more
Looking for the Eno factor in ag markets
Trying to find the “God” indicator in technical analysis is likely to be as tough as the search for the “God” particle at the Large Hadron Collider. Is there one to find? That’s what the folks at CERN in Geneva, Switzerland will maybe discover sometime with that big go-cart track of theirs. Is there one […] Read more
Baptized in the frozen Jordan of St.JB
Every calendar year for me begins a trip down to St. Jean-Baptiste, a charming if frozen French village south of Morris and north of Emerson. Each year at this time the community holds St. Jean Farm Days, and it’s always my favourite farmer’s show. Before I get into that, allow me to comment on a […] Read more