Tag Archives Commodities — page 7

Almost every time I talk to canola analyst Greg Kostal he says: “You have to remember, canola is just one of a number of vegetable oil consuming choices.” And Monday he told me that he has to repeat that to himself often, just to keep it front and centre in his mind. Because it’s very […] Read more

Well, the results of the Canadian Wheat Board plebiscite are in and it’s good news for the board. Here’s the press release, just unveiled: MONDAY, SEPTEMBER 12, 2011 – Winnipeg, MB – The results of the 2011 Canadian Wheat Board (CWB) Producer Plebiscite were announced today by Plebiscite Coordinator Ian Craven of MNP LLP. The […] Read more

If you got a crop this year, last year, the year before that and the one before that, you’re probably feeling a little like Captain Canuck right now. Prices have been sky-high compared to history, and year after year the commodity markets come back to push grain and oilseed prices up again and again. If […] Read more

Today StatsCan caused a lot of furrowed brows and concerned looks among crop analysts with its big revisions upwards to last year’s canola crop. It increased production by about 900,000 tonnes and stocks as of July 31 by 500,000. That’s a lot, and an odd thing to suddenly find. But even though that’s plenty bearish […] Read more

I’m going to be away for a week or two. So here’s what I hope to find when I get back just before or just after the Labour Day weekend: 1) Everyone’s harvest is going fast and well; 2) Everyone’s crops are high quality and high yield; 3) The market turmoil of August was just […] Read more

One of the most interesting elements of the recent slumping in stock markets has been the relative strength – incredible strength – of crop futures. It hasn’t been true every day, but often, like this (Friday) morning, when U.S. Stock futures are down hard again, corn, soybean and wheat futures are all up slightly. As […] Read more

Farmers’ faces go white when you mention the “F’ word during the growing season. “Frost” is a word that dares not speak when farmers’ incomes are all out there in the field, growing and needing to mature in time to be combined. But, as a journalist, one often talks about frost and its risk during […] Read more

One day it seemed like the beginning of the next 2008-like market crash, and everyone was talking financial market meltdown. Then the next day it would seem like it had been just a blip and the markets would rebound and we’d be back to talking about economic growth and recovery. Then everything would go down […] Read more

Well, whatever the heck’s going on in the markets, whatever’s causing it, wherever it’ll go, it’s something you can’t look away from for too long. This morning I left the house with the pre-market futures for the big American equity markets in the green, with increases forecasted. After yesterday’s big surge up, it seemed a […] Read more

How’s this for a positive outlook on the big equity markets today: Those 100 percent sell recommendations mean that 100 percent of the surveyed recommenders – analysts that are usually all over the map with their recommendations – are saying sell. It’s a dark, ugly, red day in the markets today. Here’s what the S […] Read more