Insights and Stories of Brian Wittal

Feb. 6, 2009 at 5:40 pm CST

Feb. 6 — Grain futures have finished out the week mostly on a positive note, which is always a good sign. All grains were up strong to start the day, but then fell off the highs once again, but most grains did close with gains, which is a good sign […]

By Brian Wittal

Feb. 6, 2009 at 2:13 am CST

Feb. 5 — Grain futures made some nice gains today. The U.S. Department of Agriculture’s weekly export inspection numbers were at or above expected levels, which helped all grains rally. Corn was up 13 cents a bushel, beans were up 24 to 31 cents per bushel, wheat was up 17 […]

By Brian Wittal

Feb. 4, 2009 at 11:36 pm CST

Feb. 4 — Markets were very jumpy today. Most grains started out with nice positive gains but the lack of new export business, and concerns over where the U.S. Department of Agriculture (USDA) might peg stocks next week, sent things down rather quickly. Oilseeds were able to hold on to […]

By Brian Wittal

Feb. 3, 2009 at 4:08 pm CST

Feb. 3 — Yet another down day on the markets for grains, as continued rains in Argentina have set a negative tone in the markets. That, along with very little export activity in any of the grains the past two weeks, is setting a very bearish tone to the markets […]

By Brian Wittal

Feb. 2, 2009 at 5:33 pm CST

Feb. 2 — There was continued downward pressure on all grains today as beneficial rains hit a good portion of the drier regions in Argentina over the weekend and forecasts call for continued showers this week. The rains are not enough to repair damage done to yield already, but it […]

By Brian Wittal