Wittal: Funds playing the weather game

Feb. 5 — Grain futures made some nice gains today. The U.S. Department of Agriculture’s weekly export inspection numbers were at or above expected levels, which helped all grains rally. Corn was up 13 cents a bushel, beans were up 24 to 31 cents per bushel, wheat was up 17 to 21 cents a bushel, […] Read more

Wittal: Trade awaits USDA numbers

Feb. 4 — Markets were very jumpy today. Most grains started out with nice positive gains but the lack of new export business, and concerns over where the U.S. Department of Agriculture (USDA) might peg stocks next week, sent things down rather quickly. Oilseeds were able to hold on to some of today’s gains to […] Read more



Wittal: Rain in Argentina dampens markets

Feb. 2 — There was continued downward pressure on all grains today as beneficial rains hit a good portion of the drier regions in Argentina over the weekend and forecasts call for continued showers this week. The rains are not enough to repair damage done to yield already, but it will stop yield losses from […] Read more



Wittal: Traders play it safe

Jan. 29 — It was another off day, with all grains ending up negative. Corn is down two to three cents a bushel, beans are down three to 13 cents a bushel, wheat is down 16 to 18 cents a bushel, canola is down $2 to $3 a tonne and barley is down $7 per […] Read more



Wittal: Crude oil drags on canola, beans

Jan. 27 — It was a negative day for most of the grains in the markets today. Oilseeds started off the day in an upward move, but that didn’t last long once crude oil started to trade lower and pulled beans and canola down with it. Continued weather forecasts calling for rain throughout Argentina in […] Read more