Wittal: Expect canola pressure from U.S. meal dispute

Jan. 6 — Outside markets were stronger today, with gold showing double-digit gains and crude oil closing above resent resistance levels, which encouraged speculative finds to continue buying and pushing values higher. A lower U.S. dollar helped support wheat and corn markets, while beans continue to come under pressure from continued reports of better-than-expected crop […] Read more






Wittal: Check out canola basis levels

Dec. 30 –– Very thin trading activity was again the focus on the markets today. Gold closed down $5.50 at $1,092.50 today. The U.S. dollar index closed up eight 100ths of a cent today while the Canadian dollar closed down 1.11 cents at US94.75 cents today. The Dow Jones closed down two points at 10,485 […] Read more

Wittal: Wheat markets lose momentum

Dec. 29 –– All markets were open today, but trading activity was rather thin again as this will be a short trading week with markets closing early Thursday and on Friday for New Year’s Day. Gold closed down $10.20 at $1,197 today. The U.S. dollar index closed up a quarter of a cent today; the […] Read more





Wittal: Slow day, rising loonie pressure canola

Dec. 22 — Outside markets were a little more positive today, but with limited trading activity it’s hard to get a clear picture of what’s really happening. Gold was lower while energies and financial indicators were up slightly, and grains were mixed. Gold closed down $9.40 at $1,086 today. The U.S. dollar index ended up […] Read more

Wittal: Markets adrift on holiday inactivity

Dec. 21 –– Outside markets were mixed today with gold and energies down, financial indicators mixed and currencies up slightly. Gold closed down $15.40 at $1,095.40 today. The U.S. dollar ended up a quarter of a cent today; the Canadian dollar closed up 0.39 cents at US94.22 cents. The Dow Jones closed up 77 points […] Read more