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Tag Archives Errol Anderson

Crops, Markets

StatsCan confirms smaller canola acres, more wheat

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MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 at 21.3 million acres, which […] Read more
Canola, Crops, Markets

ICE weekly outlook: Little to sustain canola bids in bear market

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MarketsFarm — Although there will be some bounces in ICE canola futures, there is very little currently to sustain any increases in bids, according to Errol Anderson of ProMarket Communications. While the market has stabilized for the time being, it’s technically oversold, Anderson said. The market can rebound $5-$10 per tonne, he said, but it’s […] Read more
Canola, Crops, Markets

ICE weekly outlook: Canola grinding lower

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ICE Futures canola contracts held relatively steady during the week ended Wednesday, with a softer tone in old-crop contracts and strength in new-crop months. The general trend is likely pointed lower in the near future, with any developments in trade talks between the U.S. and China likely to provide some direction. “The market is awaiting […] Read more
Crops, Markets

StatsCan data confirm tight canola supplies

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CNS Canada — Grain and oilseed stocks data released Friday from Statistics Canada were bullish for canola and wheat — though analysts suggest the effects of the report on the market may be short-lived. Figures for barley, lentils and peas were above year-ago levels, but movements in those markets are more likely be driven by […] Read more
Grain Markets, Markets

Tips for managing market volatility in 2017

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It’s too soon to say exactly how market volatility in 2017 is going to play out, but Errol Anderson has some tips to manage whatever the markets throw at you in the coming year. Strong Futures-Strong Basis What should you do? “Price it. It’s tough to do because, at that point, everybody is bullish. But […] Read more
Grain Markets, News

The future looks dangerous, says market watcher

Central banks have created an economic bubble and 
when it bursts, demand 
for everything will 
screech to a halt

By
Errol Anderson’s opinion on the global economic downturn isn’t one you’ll read in too many newspapers. “I’m going to make a bold statement: We are at the end of an 80-year capitalistic cycle that has already been prolonged 10 years by central bank manipulation. It has to be refreshed, and it will be,” said Anderson, […] Read more
If you don't have a plan, you may be at the mercy of
Crops

Don’t get whacked by market swings, says broker

On the price side, there are lots of opportunities right now — but you need 
a plan to take advantage of them

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Good news for grain growers: Commodity markets have turned up — and the recovery of crude oil prices deserves the thanks. “With crude now moving up to $50 a barrel, it looks like it could potentially go even higher yet into the fall market as demand is starting to exceed supply on the global side,” […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 11, 2019.

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