Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at the ICE Canada futures market are generally a bit higher since my last column. The markets derived some support from the crop problems induced by weather. Trading volumes were subdued as many participants have taken to the sidelines to assess […] Read more
Dry West, Wet East Means Tight Canola Stocks
Harami Warns Farmers Of Impending Drop In Wheat Prices
Reading Time: 3 minutes As I have mentioned before in this column, the Japanese are true pioneers of technical analysis of the markets. Their techniques have evolved from fairly simple beginnings, trading forward rice contracts (futures) in the 17th century, to now include many sophisticated ways to analyze the markets, including the amazingly powerful modern-day charting method called the […] Read more
2009-10 Grain Prices To Be Strong
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at the ICE Canada futures market have moved lower since my last column. The firm Canadian dollar weighed on prices. Canola was undermined by losses in the Chicago soyoil market and the absence of fresh demand. China has withdrawn from the […] Read more
Aussies Running Short Of Exportable Wheat
Reading Time: 2 minutes Stocks of old crop wheat in Australia are becoming tight following a brisk export program that has seen Iran and Iraq become big buyers of Australian wheat, the country’s largest grain bulk handler said on June 16. CBH, the farmer-owned group that handles most of the wheat in Western Australia, the country’s top exporting state, […] Read more
UK To Become Net Wheat Importer?
Reading Time: < 1 minute Britain will become a net importer of wheat from the 2009/10 season (July/June) as a major biofuels plant comes on line, analyst Graham Redman of farm consultants Andersons said on June 10. Redman said this year’s UK wheat crop was expected to total just 14.3 million tonnes, well below last year’s 17.2 million due to […] Read more
Canola Prices Higher Following Extended V Bottom
Reading Time: 3 minutes V bottoms take two forms: the more classic or true V, and the extended V. In the former formation, three essential components must be present: 1) Prices must be in a downtrend and a futures contract is more apt to be in a free fall, or near vertical decline. 2) A pivot point is reached […] Read more
Canola Prices To Continue Strong
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at the ICE Canada futures market rallied to eight-month highs since my last column, backed down sharply from the highs and then bounced back. This bumpy ride reflected the tightness of old-crop canola supplies and planting delays. However the rising Canadian […] Read more
Canola At Eight-Month High, Markets Turning Bullish
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca MAY 18 Grain and oilseed prices at the ICE Canada futures market have moved higher since my last column, with canola climbing to its highest level since last September. Canola was supported by strength in the U.S. soy complex, a strong export lineup, favourable crush […] Read more
U. S. Wheat Farmers Starting Combines, Counting Losses
Reading Time: 2 minutes Harvesting of the new U.S. winter wheat harvest was off to a less-than-enthusiastic start last week as farmers began combining what was left of weather-ravaged southern wheat fields. From Texas, where drought and a late freeze cut estimated yields in half or worse, across weather-damaged fields in Oklahoma and water-logged Arkansas wheat fields where concerns […] Read more
Grain Markets Not Catching Flu
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at the ICE Canada futures market have rallied since my last column with gains in U. S. markets giving a boost to Winnipeg prices. The gains however were offset by a rally in the Canadian dollar to four-month highs against the […] Read more
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