Developing an opinion on crop prices and the direction they’re headed is not an exact science. Once you can move beyond expecting to be right all the time, it’s time to start putting some fundamental analysis to work for you. While many farmers are familiar with that term and supply and demand discussions, understanding how… Read More

If you cannot see the above embedded audio player, CLICK HERE According to Chuck Penner, LeftField Commodity Research, everyone was waiting for the USDA planting intention report with baited breathe but what shocked (or maybe not) the market was the stocks report. Farmers holding onto old crop crop corn and wheat without unhedged are feeling… Read More

Farmers do an amazing job of keeping current on the latest agronomy findings, and many are keen to work on new and improved practices each year. But not everyone loves biology — some prefer the business side of farming and enjoy the time spent analyzing markets and setting up a hedging strategy. Each crop type… Read More

CME Group (www.cmegroup.com) today announced it will transition open outcry trading of Kansas City Board of Trade (KCBT) hard red winter (HRW) wheat futures and options to its Chicago trading floor beginning Monday, July 1, 2013, pending CFTC review. The company’s release says this transition will accelerate efficiencies and trading opportunities for customers trading both… Read More

According to Dow Jones Newswires, CME Group has agreed to buy the Kansas City Board of Trade for US$126 million. CME already owns the Chicago Board of Trade (CBOT). By purchasing Kansas City, CME would then offer wheat contracts for both soft and hard wheats, along with several other agriculture commodity contracts. While it’s not… Read More

Am I the only one left scratching my head over the newly minted CWB offering canola pools? Voluntary pooling is all good, if that’s what you’re in to, but I thought a very recent survey asking farmers if they’d be interested in a canola pool went over like a lead balloon. Apparently not, according to… Read More

This week the USDA report really smacked the commodity market into a downward spiral on Wednesday.  Most people said that the negative reaction was an over reaction but still it does wake some farmers up to the potential downward snap that this market can take.  As Jon Driedger, FarmLiunk Marketing discusses below, this is great… Read More