Your Reading List

Brian Wittal’s daily market report

Reading Time: < 1 minute

Published: August 6, 2009

Markets were lack luster at best again today with limited trading and what there was is believed to be traders taking profits ahead of next weeks USDA acreage and yield estimate report.

World vegetable oil values for beans, palm, and sunflower oils all dropped overnight which led the continued slide in US markets today. 

The US dollar regained almost one-half of a cent today. 

The Canadian dollar finished down .0056 points, closing at .9290 US.   

The Dow Jones Sept quote closed down 16 points at 9229.    

Crude oil was off only slightly, down 3 cent a barrel, closing at US $71.94/ barrel.  

Corn closed down 14 to 18 cents a bushel today.       

Beans ended down 4 cents a bushel to 17 cents a bushel today.     

Wheat closed down 24 to 28 cents a bushel on the various US exchanges. 

Minneapolis Sept wheat futures closed down 27.6  cents a bushel today.      

Canola finished down $6 to $7 a tonne across the board today. 

Barley closed down $5.00 a tonne at $143.20 a tonne.  

explore

Stories from our other publications