The average of the big bank projections was for the S&P 500 to gain 1.9 per cent, but as of late November the S&P 500 was up 25.5 per cent.

Analysts’ target prices again miss the mark

Investing for Fun and Profit: I plan to continue to ignore those target prices when making decisions

Approximately a year ago a column titled “The value of target prices” studied analyst price targets on every TSX index stock with how the stock actually performed over the next year. Analyst target prices had been conveniently amalgamated in a Globe and Mail article. While I had never used target prices to make purchase or […] Read more



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Bunge-Viterra deal ‘effectively ends competition’ says NFU

Feds’ conditions not near enough to alleviate concerns

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.



new world screwworm fly

Lots of unknowns keep cattle market interesting

The Markets: Several trends have a floor under the cattle feeder complex, for now

During the last week of November, Alberta packers were buying fed cattle on a live basis at $243-$244 per hundredweight, f.o.b. feedlot in southern Alberta. The fed market has been relatively flat over the past month. The Canadian slaughter has been running below year-ago levels but the year-over-year increase in fed cattle exports has kept […] Read more