Reading Time: 2 minutes Dec. 16 — Outside markets were definitely stronger today with gold and crude oil showing some solid gains. Financial markets were a little mixed today and currencies were down just slightly for the day. Gold closed up $13.20 at $1,135.70 today. The U.S. dollar was trading down five-100ths of a cent today; the Canadian dollar […] Read more
Wittal: Grains up on last-minute spec buying
Wittal: U.S. dollar limits grain buying
Reading Time: 2 minutes Dec. 15 — A quick update today, before the markets officially close, as I am heading for the airport and my return trip to Calgary shortly. Outside markets were mostly down today with gold and financial markets leading the way lower. Gold is currently trading 90 cents lower at $1,122.54. The U.S. dollar was trading […] Read more
Wittal: Long-term investors eyeing U.S. grains
Reading Time: 2 minutes Dec. 14 — Outside markets showed some rebound today with news that Dubai World has been able to secure some short-term financing to pay down some of its staggering debt. Gold closed up $3.90 at $1,123.40 today. The U.S. dollar was down two-10ths of a cent today. The Canadian dollar finished down 0.94 cents, closing […] Read more
Wittal: Weather pushes U.S. corn higher
Reading Time: 2 minutes Dec. 11 — Outside markets were mixed today, with gold lower and financial indicators and currencies all finishing higher. Gold closed down $6.30 at $1,119.50, down $50 for the week. The U.S. dollar was up half a cent today and up six-10ths of a cent for the week. In the energy sector, crude oil was […] Read more
Wittal: USDA South American figures higher than expected
Reading Time: 2 minutes December 10, 2009 Market Update Outside markets rebounded a little today while grains were mixed after a lacklustre USDA crop production report. Financial markets finished up slightly with gold up $5.30 to close at $1125.80. The U.S. dollar was basically unchanged today and the energy sector was mixed with crude down and natural gas up […] Read more
Wittal: Markets await USDA production reports Thursday
Reading Time: 2 minutes Reports this week will be short and to the point as I am on a beach in Ixtapa and have limited Internet resources to do much for research beyond the basics, plus I want to get back to the sun and sand and cerveza as fast as possible. I will be back in my office […] Read more
Wittal: Farmer selling pressures canola
Reading Time: 2 minutes Dec. 7 — Gold dropped today, which may be the beginning of a retracement after the recent multi-week surge to all-time highs. The U.S. dollar fell 15/100ths of a cent today. Financial markets were down with no real economic news to stimulate anything; energy markets were mixed with crude down and natural gas up today. […] Read more
Wittal: Colder weather may boost feed demand
Reading Time: 2 minutes Dec. 4 — Gold dropped hard and the U.S. dollar jumped up over 1.175 cents today. Financial markets were mixed while energy markets were down today. Grains came under pressure from the rising U.S. dollar and ended with losses across the board both for the day and for the week. Canola followed beans lower to […] Read more
Wittal: StatsCan sees more canola, wheat
Reading Time: 2 minutes Dec. 3 — Financial and energy markets were mixed today. Gold continues to climb slow and steady, and the U.S. dollar dropped slightly. Grains showed mixed results, as beans posted gains on the day primarily due to speculative interest, while corn and wheat ended with losses as there was very limited trade happening today, which […] Read more
Wittal: Speculators moving to sidelines
Reading Time: 2 minutes Dec. 2 — Outside markets were mixed today, with gold continuing to climb while financial and energy markets ended with losses on the day as the U.S. dollar rose a quarter of a cent. Grains showed losses across the board as profit-taking was the focus of the day. Gold closed up $12.80 at $1,212.50. The […] Read more
A message from April Stewart, Country Guide's Associate Editor
