Wittal: Wheat PROs flat, canola basis widens

Oct. 22 — Financial markets were positive today and energy markets were neutral. Grains were mixed from the start and profit-taking was once again the theme for the day. No new news was available to help push grains up, so they struggled throughout the day, ending with mixed results on the U.S. markets — and […] Read more



Wittal: Grains slip on profit-taking

Oct. 20 — A somewhat traditional “turnaround Tuesday,” with profit-taking the main focus of the markets after yesterday’s solid gains. Financial markets, energy and grains all ended lower on the day, with the exception of canola which finished higher primarily due to the two-cent drop in the Canadian dollar, which sparked some new export activity. […] Read more

Wittal: Grains gain on weekend weather

Oct. 19 — Strong outside world markets and a continuing decline in the U.S. dollar have financial markets showing good gains today. The energy sector is also showing steady gains, which is helping to push the Canadian dollar still further up the chart.  A rather uncertain forecast, showing continued cool wet weather that will no […] Read more





Wittal: Climb in crude can pressure crop prices

Oct. 13 — Markets are mixed today after a strong showing yesterday, particularly by the U.S. grains, as a result of cold weather over the weekend. Financial indexes are showing mixed results as the U.S. dollar drops 0.18 cents. Energy markets continue to show strength with crude closing up 88 cents at US$74.15 per barrel. […] Read more

Wittal: Weather premium returns to markets

Oct. 9 — The U.S. Department of Agriculture’s production numbers came in at levels that the trade had previously speculated they would, so markets turned their focus on the upcoming forecast for the weekend, which calls for cold and frosty weather over a large part of the northern grain belt. All grains ended up for […] Read more



Wittal: Profit-taking drags on futures

Oct. 7 — Markets tried to maintain the rally momentum of the previous day but that didn’t last long before profit-taking started to gain momentum and draw markets lower. Financial markets were mixed as quarterly earnings reports are starting to filter in from the major U.S. companies and banks over the next several days, so […] Read more