CNS Canada — The Canadian dollar slipped after Britain voted Thursday to leave the European Union, a trend which one financial analyst expects to continue in an otherwise uncertain environment. But the loonie hasn’t fallen far enough to bring support to Canadian commodity markets. “Short-term, we’re going to be dealing with the day-to-day volatility and […] Read more
Loonie tanks post-Brexit, but benefits minimal for farmers
Fertilizer prices look to rise by late summer
CNS Canada — A rise in prices for soybeans and other crops could make fertilizer more expensive in the coming months, according to a major player in the industry. In the May market report from the Mosaic Co., the company credited the rally in agricultural commodity prices, the strengthening of key currencies and various Indian […] Read more
Expert says too many farmers working without a net
FarmTech: Fewer than one in 10 producers use options to set a floor price for their grain
Reading Time: 3 minutes Forget that old farm dog — options are a farmer’s best friend. “If you don’t have options in place, your tool box is not quite complete,” said David Derwin, an investment adviser with PI Financial. “If we can add a few more newer, sharper, better tools like options into the tool box, we’ve got a […] Read more
CME bars grain traders for years over wash trades, spoofing
Chicago | Reuters –– CME Group said Friday it barred a grain trader from its markets for three years for executing noncompetitive transactions and suspended another for two years for market manipulation. The traders, Aleksey Vsemirnov and Stephen Duggan, could not immediately be reached for comment. Vsemirnov executed numerous non-competitive transactions in wheat, oats, rice, […] Read more
The Big Three “to-do’s”: Experts offer their post-harvest advice
Whether it’s in the office or the field, there are some jobs that should be at the top of your to-do list
Reading Time: 9 minutes For many producers, this harvest is going to seem to drag on forever. But, of course, it won’t. The combine will be parked, the farm meetings and shows will get underway, Christmas will come and go, and before you know it, you’re in the shed getting the seeding rig ready. So with that in mind, […] Read more
Cyber-Savvy Farmer
