The Grain Trade

In the second edition of this book, Michael Atkin examines the political and economic dynamics of the international trade, explaining to the reader how the industry works and producing an understanding of the many ironies that are apparent in the trade of this vital commodity. This edition also takes into account a number of recent developments that have affected, or promise to affect, the grain trade such as the collapse of the USSR and the completion of the Uruguay Round at GATT.

One of the most turbulent periods in the history of prairie agriculture is chronicled in a new book about the life and times of Alexander "Mac" Runciman, the Saskatchewan farmer who led the United Grain Growers as president from 1961 to 1981. Mac Runciman earned the respect and admiration on both sides of the great agriculture debates of the 1960s and 1970s from individual farmers to Pierre Trudeau, who offered Runciman a cabinet post in 1980 (Mac turned him down). Mac Runciman: A Life in the Grain Trade tells the story of how Runciman rose through the ranks of the UGG to play a central role in the fierce debates over the modernization of grain handling, subsidized freight rates, and the role of The Canadian Wheat Board. Runciman's reminiscences give new insights into the events and personalities of that critical period in Canadian agricultural history, a time in which the rural community began to question highly centralized and regulated marketing and transportation systems. The events and decisions of those years continue to reverberate in today's controversies over grain marketing and grain transportation.

Updated content in 2018! (Including e-book friendly charts and tables.) Despite being excited by and interested in the grain markets, many participants crave a better understanding of them. Now there is a book to deliver that understanding in ways that could help you make money trading grain.Elaine Kub uses her talents for rigorous analysis and clear, approachable communication to offer this 360-degree look at all aspects of grain trading. From the seasonal patterns of modern grain production, to grain futures' utility as an investment asset, to the basis trading practices of the grain industry's most successful companies, Mastering The Grain Markets unveils something for everyone.The key to profitable grain trading, Kub argues, is building knowledge about the fundamental practices of the industry. To demonstrate the paramount importance of such intelligence, she uses anecdotes, clear examples, and her own experiences as a futures broker, market analyst, grain merchandiser, and farmer. The result is an immensely readable book that belongs in the hands of every investor, grain trader, farmer, merchant, and consumer who is interested in how profits are really made.

"It is difficult to imagine how the evolution of an industry, through the perspective of one of its giants, could be better told". -- Tarrant Business