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Wittal: Funds brace for possible trading restrictions

Jan. 27 -- The U.S. dollar pushed higher today and crude oil was lower, which in turn led to sharp losses in bean futures today. There's some concern about U.S. President Barack Obama's State of the Union address this evening, in which he may announce restrictions on how aggressively banks can trade in the markets,[...]

Wittal: No news is bad news

Jan. 25 -- The U.S. dollar was stable today, falling slightly, which helped markets to relax a little. It was a rather quiet day with little news to spark much trading activity. Corn ended with small gains, as steady buying helped push futures up. Beans ended lower on continued concerns of large production coming out[...]


Wittal: Consider moving unpriced canola soon

Jan. 5 -- Outside markets were a little more subdued today on the heels of an impressive Monday rally. Gold is showing little to no change and crude oil is up, but other than that, markets are mixed today as it seems the trade is rather quiet with little follow-through on yesterday's rally. The U.S.[...]

Wittal: Nice weather pressures barley values

Jan. 22 -- The U.S. dollar seems to have powered out as it closed out the day down slightly. The Canadian dollar also ended lower today, as did the Dow Jones and crude oil. Weekly export sales numbers were above expectations for all three grains, which helped to support grains today and slow down the[...]


Wittal: Favourable crop conditions may hit markets

Jan. 4 -- Welcome to the New Year, and a positive start at that! Outside markets were up solidly, as gold achieved double-digit gains and the Dow Jones showed triple-digit gains today. The energy sector also finished with solid gains. All of this and a dropping U.S. dollar helped to push U.S. grains higher on[...]

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[...]


Wittal: USDA reports bulldoze markets

Jan. 12 -- All outside markets are down today, most likely in response to the U.S. Department of Agriculture’s reports and the hard sell-off in U.S. grain futures.  The U.S. dollar index fell nine-100ths of a cent today, while gold closed down $21.80 at $1,128.90. The Canadian dollar dropped 0.44 cents to close at US96.36[...]

Wittal: Grains drift on light-to-nonexistent trading

Dec. 24 -- The day before Christmas and all through the markets, not a trader was seen on the trading floor! Or so it seemed, as there was little to no trading happening today, as everyone was doing last-minute shopping or traveling. Outside markets were steady to up today with gold and energy stocks closing[...]


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[...]

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[...]