Reading Time: 2 minutes Our online grain markets columnist Brian Wittal welcomes feedback and information on market conditions in your area, such as current offering prices, basis levels, trucking premiums and special crops contracts. Contact Brian today. March 9 — The stock markets were down today, which doesn’t set a good tone for the week ahead. The U.S. dollar […] Read more
Wittal: AAFC acreage estimate won’t help canola prices
Wittal: Never seen canola premiums this high
Reading Time: 3 minutes Our online grain markets columnist Brian Wittal welcomes feedback and information on market conditions in your area, such as current offering prices, basis levels, trucking premiums and special crops contracts. Contact Brian today. March 6 — The stock markets were down again, with the Dow off 100 points. The U.S. dollar fell a quarter of […] Read more
Wittal: Speculators return to grains markets
Reading Time: 2 minutes Our online grain markets columnist Brian Wittal welcomes feedback and information on market conditions in your area, such as current offering prices, basis levels, trucking premiums and special crops contracts. Contact Brian today. March 5 — We’re back on the roller coaster: up yesterday, down today, who knows tomorrow? Financial markets gave back all and […] Read more
Wittal: Reports from China boost grains
Reading Time: 2 minutes Our online grain markets columnist Brian Wittal welcomes feedback and information on market conditions in your area, such as current offering prices, basis levels, trucking premiums and special crops contracts. Contact Brian today. March 4 — Financial markets showed some nice rebound today and that, along with solid gains in crude oil, was all it […] Read more
Wittal: Financial markets drag on grains
Reading Time: 3 minutes March 3 — Grain markets started off Tuesday with the idea of a turnaround and hopes of regaining some recent losses, only to be pulled down by sliding financial markets and finishing unchanged or down for the day. Crude oil was up $1.50 to close at US$41.65 per barrel. The U.S. dollar was up slightly […] Read more
Wittal: Traders balk as market slide continues
Reading Time: 2 minutes March 2 — It’s like rolling a snowball downhill. Once you’ve started it heading downhill it grows bigger and there is no stopping it. The Dow Jones was down over 200 points and crude oil was down $4.61 to close at US$40.15 a barrel. All this did was encourage traders to step back and watch […] Read more
Wittal: Falling dollar halts canola’s slide
Reading Time: 2 minutes Our daily online grain marketing columnist Brian Wittal welcomes feedback and information on market conditions in your area, such as current offering prices, basis levels, trucking premiums and special crops contracts. Contact Brian today. Feb. 27 — More negative news out of the U.S. and Canada in regards to gross domestic product numbers and, of […] Read more
Wittal: Analysts view canola as overpriced
Reading Time: 2 minutes Feb. 26 — Financial markets remained flat to down in response to the U.S. budget being released. It’s seen as being neutral to unfriendly for the markets overall. The U.S. dollar dropped a quarter of a cent today, again mainly because of the budget. Crude oil jumped $2.72 per barrel to close at US$45.22. This […] Read more
Wittal: Aggressive canola basis on offer
Reading Time: 2 minutes Our daily online grain marketing columnist Brian Wittal welcomes feedback and information on market conditions in your area, such as current offering prices, basis levels, trucking premiums and special crops contracts. Contact Brian today. Feb. 25 — Financial markets started off in a down mood today and tried to turn it around as the day […] Read more
Wittal: Financial crunch limits grain investment
Reading Time: 3 minutes Feb. 24 — Financial markets have shown some renewed life and have fought to hold onto gains today, which is a good sign as they were about to break through some long-term resistance levels if they continued to slide. The U.S. dollar fell back today, which also helped. Crude oil jumped $1.52 per barrel to […] Read more
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