Dec 05/08: Specialty Crop Exporter Rant
Canada's specialty crop exporters have been bearing the brunt of the international financial crisis for many months.But, the situation has worsened since prices started to collapse during the summer of 2008.
The level of frustration, anger, and fear in the industry is typified by an email message which has been sweeping through the trade. Following is the anonymous email message:
The level of frustration, anger, and fear in the industry is typified by an email message which has been sweeping through the trade. Following is the anonymous email message:
Feb 10/06: Funds Changed Commodity Futures
Mike Jubinville of Pro Farmer Canada says traders for commodity funds and commodity index funds have changed the landscape of grain futures markets, forcing traders, analysts and the farm community to embrace the dominant presence these forces have on price discovery.
"The fundamental factors for Chicago Board of Trade grain futures are generally bearish given record global grain and oilseed supplies, notably on soybeans and corn. Despite this, commodity fund-related buying has boosted prices recently," Jubinville asserts.
"The fundamental factors for Chicago Board of Trade grain futures are generally bearish given record global grain and oilseed supplies, notably on soybeans and corn. Despite this, commodity fund-related buying has boosted prices recently," Jubinville asserts.
