Insights and Stories of Brian Wittal

Wittal: USDA reports bulldoze markets

Jan. 12, 2010 at 4:08 pm CST

Jan. 12 –– All outside markets are down today, most likely in response to the U.S. Department of Agriculture’s reports and the hard sell-off in U.S. grain futures. The U.S. dollar index fell nine-100ths of a cent today, while gold closed down $21.80 at $1,128.90. The Canadian dollar dropped 0.44 […]

Wittal: Traders get in position ahead of USDA report

Jan. 11, 2010 at 6:44 pm CST

By Brian Wittal

Wittal: Barley values continue dropping

Jan. 8, 2010 at 7:02 pm CST

By Brian Wittal

Wittal: Avoid panic-mode selling on days like this

Jan. 7, 2010 at 6:51 pm CST

By Brian Wittal

Wittal: Expect canola pressure from U.S. meal dispute

Jan. 6, 2010 at 6:38 pm CST

By Brian Wittal

Wittal: Consider moving unpriced canola soon

Jan. 5, 2010 at 4:05 pm CST

Jan. 5 — Outside markets were a little more subdued today on the heels of an impressive Monday rally. Gold is showing little to no change and crude oil is up, but other than that, markets are mixed today as it seems the trade is rather quiet with little follow-through […]

By Brian Wittal

Wittal: Favourable crop conditions may hit markets

Jan. 4, 2010 at 6:44 pm CST

Jan. 4 — Welcome to the New Year, and a positive start at that! Outside markets were up solidly, as gold achieved double-digit gains and the Dow Jones showed triple-digit gains today. The energy sector also finished with solid gains. All of this and a dropping U.S. dollar helped to […]

By Brian Wittal

Wittal: Dos and don’ts of selling off-grade canola

Dec. 31, 2009 at 6:11 pm CST

Dec. 31 — Outside markets are steady today and this is spurring some year-end buying in the grains. Gold closed up $3.70 at $1,095.20 today, down $8.90 from last week’s close. The U.S. dollar index closed unchanged today; the Canadian dollar, meanwhile, closed up 0.87 cents at US95.62 today, up […]

By Brian Wittal

Wittal: Check out canola basis levels

Dec. 30, 2009 at 9:25 pm CST

Dec. 30 –– Very thin trading activity was again the focus on the markets today. Gold closed down $5.50 at $1,092.50 today. The U.S. dollar index closed up eight 100ths of a cent today while the Canadian dollar closed down 1.11 cents at US94.75 cents today. The Dow Jones closed […]

By Brian Wittal

Wittal: Wheat markets lose momentum

Dec. 29, 2009 at 11:58 pm CST

Dec. 29 –– All markets were open today, but trading activity was rather thin again as this will be a short trading week with markets closing early Thursday and on Friday for New Year’s Day. Gold closed down $10.20 at $1,197 today. The U.S. dollar index closed up a quarter […]

By Brian Wittal

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