Insights and Stories of Brian Wittal

Wittal: Financial markets drag on grains

Mar. 3, 2009 at 8:46 pm CST

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 […]

Wittal: Traders balk as market slide continues

Mar. 2, 2009 at 6:55 pm CST

By Brian Wittal

Wittal: Falling dollar halts canola’s slide

Feb. 27, 2009 at 7:38 pm CST

By Brian Wittal

Wittal: Analysts view canola as overpriced

Feb. 26, 2009 at 4:20 pm CST

By Brian Wittal

Wittal: Aggressive canola basis on offer

Feb. 25, 2009 at 7:21 pm CST

By Brian Wittal

Wittal: Financial crunch limits grain investment

Feb. 24, 2009 at 11:38 pm CST

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 […]

By Brian Wittal

Wittal: Canola deliveries down on market slide

Feb. 24, 2009 at 12:14 am CST

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. 23 — A rough day in the financial markets, with the Dow Jones falling to […]

By Brian Wittal

Wittal: India’s bumper crop may pressure wheat

Feb. 19, 2009 at 7:39 pm CST

Markets were mixed to steady today with financial markets off slightly, the U.S. dollar down and crude oil up almost $5 a barrel to US$39.48. The Canadian dollar was up slightly for the day, closing at US79.65 cents. U.S. grains posted modest gains for the day with wheat leading the […]

By Brian Wittal

Wittal: Cattle stats could pressure feed grains

Feb. 19, 2009 at 5:26 am CST

Feb. 18 — It was a lacklustre trading day today. Financial markets were mixed to down slightly, the American dollar fell back a little and crude oil dropped 31 cents a barrel, closing at US$34.62. The Canadian dollar rose 0.37 cents today and closed at US79.47 cents. Grains tried to […]

By Brian Wittal

Wittal: Financial markets drag grains down

Feb. 17, 2009 at 7:16 pm CST

Feb. 17 — Well, the long weekend didn’t improve the mood of the markets, that’s for sure. Financial markets were down hard today and that, along with the U.S. dollar rising sharply and crude falling, sent grain markets into a tailspin. This was primarily due to speculators liquidating contracts for […]

By Brian Wittal