Before flying out to Chicago , I met with
Canadian futures broker Grant Hinrichsen. Grant and his business partner form the Prarie Futures Group a team within Scotia McLeod which specalises in commodity futures. Grants clients consist of farmers and
elevators from across Canada ,
with 80% of his business in Ag mostly grains and Oilseeds. His market intelligence
is received via JP Morgan. His business looks for opportunities that arise for
forward pricing grain for his clients.
In Australia some concern has been
expressed about the “disconnect” between the futures and physical markets
caused by the hedge funds. Grant believes that this is overstated to a degree,
with the “disconnect” really only occurring for a very short period of time as
the funds adjust their positions.
Before departing Winnipeg
I popped into their Capital
Building Winnipeg .
I have included a couple of pictures for you. Note the large Ice polar bear out
the front, I just missed out on visiting Winnipeg
when they have a festival which includes many of these ice sculptures.
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| Large Bison Statues guarding the entrance stares inside the Winnipeg Capitol Building |
.JPG) |
| Winnipeg Capitol Building |
Another interesting piece of
Architecture is a new building under construction which will house the center
for Human Rights
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