one dollar banknote among wheat grains

Farmers need a simpler grain pricing system

Building U.S. currency conversions into the basis complicates price comparisons. There may be a simpler way 


Since my last two articles on wheat basis calculations I have had some interesting conversations with producers and industry people alike. One call in particular from a gentleman who works in the grain industry in Eastern Canada was very enlightening. Apparently my article was forwarded to him by one of his co-workers at a facility […] Read more

(Dave Bedard photo)

ADM’s Q1 profit jumps on strong oilseed processing results

Chicago | Reuters –– U.S. agribusiness Archer Daniels Midland on Tuesday reported higher-than-expected quarterly profit on strong oilseed crushing margins and robust global demand for soybean meal. Revenue, however, fell 15 per cent as the strong dollar limited U.S. grain exports, and corn processing profit fell on weak ethanol margins and lower biofuel production volumes. […] Read more





All crops not equal in face of weakening dollar

CNS Canada –– With the Canadian dollar falling to its weakest levels relative to its U.S. counterpart in six years, the general sentiment holds it should be good news for exporters, such as Canadian grain farmers. However, any net benefit may depend on what exactly is being exported and who is doing the buying, according […] Read more

(Dave Bedard photo)

ICE weekly outlook: Canola overdue for a setback

CNS Canada –– ICE Futures Canada canola futures ended lower during the week ended Wednesday, as the market was overdue for a setback. Canola futures have outpaced outside oilseed markets to the upside in recent weeks, but have hit resistance and are now due for some weakness, analysts say. “What was supporting canola was spread […] Read more