Dec. 17 — Outside markets gave back everything they gained yesterday and then some. An aggressive U.S. dollar started a domino effect as speculators with long positions scrambled to take […] Read more
Wittal: Speculators’ profit-taking weighs on grains
Wittal: Long-term investors eyeing U.S. grains
Dec. 14 — Outside markets showed some rebound today with news that Dubai World has been able to secure some short-term financing to pay down some of its staggering debt. […] Read more
Wittal: USDA South American figures higher than expected
December 10, 2009 Market Update Outside markets rebounded a little today while grains were mixed after a lacklustre USDA crop production report. Financial markets finished up slightly with gold up […] Read more
Wittal: Farmer selling pressures canola
Dec. 7 — Gold dropped today, which may be the beginning of a retracement after the recent multi-week surge to all-time highs. The U.S. dollar fell 15/100ths of a cent […] Read more
Wittal: Colder weather may boost feed demand
Dec. 4 — Gold dropped hard and the U.S. dollar jumped up over 1.175 cents today. Financial markets were mixed while energy markets were down today. Grains came under pressure […] Read more
Wittal: StatsCan sees more canola, wheat
Dec. 3 — Financial and energy markets were mixed today. Gold continues to climb slow and steady, and the U.S. dollar dropped slightly. Grains showed mixed results, as beans posted […] Read more
Wittal: Market corrections expected for holidays
Dec. 1 –– Outside markets showed good strength, with gold reaching new all-time highs and the Dow Jones hitting its highest level so far for 2009. The U.S. dollar continued […] Read more
Wittal: Even more canola expected in StatsCan data
Nov. 30 — Markets were mixed at the open, but as the day went on, buying interest seemed to improve and we saw some nice gains in most markets, especially […] Read more
Wittal: Dubai default could cause grains meltdown
Nov. 27 — Alarming news out of Dubai that Dubai World could default on some of its estimated US$59 billion debt sent financial markets tumbling, pulling all other markets down […] Read more
Wittal: Wheat, corn futures drop
Nov. 24 — A typical turnaround Tuesday had financial and energy markets falling back slightly from yesterday’s positive close. U.S. grain markets were mixed, with beans being the only grain […] Read more