Wittal: Canola drifts lower

Nov. 19 –– Financial markets were in a bad mood from the start and ended up with losses across the board. Gold was steady today with very little change, up less than a dollar on the day, closing at $1,141.90 on December futures. The energy sector took its cue from the financials and ended down […] Read more




Wittal: U.S. grains ride market momentum

Nov. 16 — Financial markets showed some real strength today as gold pushed to new highs of $1,139. Reports that the U.S. will keep interest rates where they are helped the U.S. dollar  fall, and news out of Japan that its economy is recovering faster than first anticipated all helped to push markets up past […] Read more


Wittal: U.S. beans support canola futures

Nov. 13 — Markets overall fared a lot better than one would expect for a Friday the 13th. Financial markets regained some of Thursday’s losses and ended up with small gains week over week. The energy sector was down today and for the week, as reduced demand seems to be pulling crude values lower. U.S. […] Read more

Wittal: Lingering harvest supports beans

Nov. 12 — Financial and energy markets lost momentum and took some big losses on the day, largely due to profit-taking from the speculative side of the markets. Even with the negative tone from those outside markets, U.S. grain markets were led by solid gains in the beans today. The continued drag of harvest is […] Read more


Wittal: U.S. trading limited, except in wheat

Nov. 11 — Financial and energy markets remained in a positive mood, finishing with small gains on the day. U.S. grain markets were fairly quiet on limited trading today. The only real trading was taking place in the wheat markets, as traders were trying to do some short covering of positions. The Canadian markets were […] Read more

Wittal: China’s compromise may not restore prices

Nov. 10 — Financial and energy markets were mixed today, with limited economic news of any kind available to give any real direction. The U.S. Department of Agriculture’s crop report was a mixed bag of information. Corn production numbers, as well as end stocks and total world stocks, were decreased. U.S. bean production, end stocks […] Read more