Brian Wittal

Nov. 2 — Financial and energy markets showed some rebound on the overnight trade and this carried over into today’s trade as well. The U.S. dollar fell only slightly today; the Canadian dollar closed up 0.07 cents today at US92.69 cents. The Dow Jones December quote closed up 65 points at 9,735 today. Crude oil […] Read more

Oct. 30 — Financial and energy markets took some hard hits today as there was limited news available to support the markets, and month-end position-squaring also forced future values lower. The U.S. dollar jumped almost half a cent today. The Canadian dollar closed down 1.17 cents today at US92.62 cents, down 2.4 cents this week. […] Read more

Oct. 29 — A half-cent drop in the U.S. dollar sparked renewed interest in the financial, energy and grain markets today. The Canadian dollar closed up 1.11 cents today at US93.79 cents. The Dow Jones December quote closed up 192 points today at 9,903.  Crude oil closed up $2.41 today at US$79.87 per barrel. Corn […] Read more

Oct. 28 — Financial and energy markets were again on a downward slide today which carried into the grain markets as well. Continued profit-taking is still prevalent but grains did bounce back up off of the daily lows, which is being looked at as supportive going forward. Continued forecasts for more showers throughout most of […] Read more

Oct. 27 — Financial and energy markets tried to rebound and were able to recover some ground on the day, but not with any real confidence, which could mean further downside as the week goes on. Continued profit-taking in the U.S. grain markets has taken hold as traders look to extract maximum profits out of […] Read more

Oct. 26 — Financial and energy markets came out slow and ended lower on the day, which also forced grains to drift lower with double-digit losses mainly on technical selling and profit-taking. The poor harvest weather is still prevalent and should be supporting the grains right now — and could hopefully mean a rebound back […] Read more

Oct. 23 — Financial markets ended the week on a negative note, as did the energy sector, which prompted the U.S. dollar to rise and the Canadian dollar to fall. The U.S. dollar was up three-10ths of a cent today, down two-10ths for the week. The Canadian dollar closed down 0.39 cents today at US95 […] Read more

Oct. 22 — Financial markets were positive today and energy markets were neutral. Grains were mixed from the start and profit-taking was once again the theme for the day. No new news was available to help push grains up, so they struggled throughout the day, ending with mixed results on the U.S. markets — and […] Read more

Oct. 21 –– A strong performance by outside markets such as the energy sector, and a continued wet weather forecast for most of the grain belt regions in the U.S. and Canada, has helped propel grains upward with solid double-digit gains today. Canola was unable to keep pace with beans as the Canadian dollar jumped […] Read more

Oct. 20 — A somewhat traditional “turnaround Tuesday,” with profit-taking the main focus of the markets after yesterday’s solid gains. Financial markets, energy and grains all ended lower on the day, with the exception of canola which finished higher primarily due to the two-cent drop in the Canadian dollar, which sparked some new export activity. […] Read more