Insights and Stories of Brian Wittal

Wittal: Grains drift on light-to-nonexistent trading

Dec. 24, 2009 at 8:54 pm CST

Dec. 24 — The day before Christmas and all through the markets, not a trader was seen on the trading floor! Or so it seemed, as there was little to no trading happening today, as everyone was doing last-minute shopping or traveling. Outside markets were steady to up today with […]

Wittal: Consider securing some nitrogen supplies

Dec. 23, 2009 at 6:40 pm CST

By Brian Wittal

Wittal: Slow day, rising loonie pressure canola

Dec. 22, 2009 at 5:34 pm CST

By Brian Wittal

Wittal: Markets adrift on holiday inactivity

Dec. 21, 2009 at 6:35 pm CST

By Brian Wittal

Wittal: Lower loonie helps canola resist pressures

Dec. 18, 2009 at 6:54 pm CST

By Brian Wittal

Wittal: Speculators’ profit-taking weighs on grains

Dec. 17, 2009 at 5:08 pm CST

Dec. 17 — Outside markets gave back everything they gained yesterday and then some. An aggressive U.S. dollar started a domino effect as speculators with long positions scrambled to take profits out of the markets, which helped to further feed the downward spiral. Gold ended with double-digit losses today and […]

By Brian Wittal

Wittal: Grains up on last-minute spec buying

Dec. 16, 2009 at 6:23 pm CST

Dec. 16 — Outside markets were definitely stronger today with gold and crude oil showing some solid gains. Financial markets were a little mixed today and currencies were down just slightly for the day. Gold closed up $13.20 at $1,135.70 today. The U.S. dollar was trading down five-100ths of a […]

By Brian Wittal

Wittal: U.S. dollar limits grain buying

Dec. 15, 2009 at 5:45 pm CST

Dec. 15 — A quick update today, before the markets officially close, as I am heading for the airport and my return trip to Calgary shortly. Outside markets were mostly down today with gold and financial markets leading the way lower. Gold is currently trading 90 cents lower at $1,122.54. […]

By Brian Wittal

Wittal: Long-term investors eyeing U.S. grains

Dec. 14, 2009 at 5:35 pm CST

Dec. 14 — Outside markets showed some rebound today with news that Dubai World has been able to secure some short-term financing to pay down some of its staggering debt. Gold closed up $3.90 at $1,123.40 today. The U.S. dollar was down two-10ths of a cent today. The Canadian dollar […]

By Brian Wittal

Wittal: Weather pushes U.S. corn higher

Dec. 11, 2009 at 6:21 pm CST

Dec. 11 — Outside markets were mixed today, with gold lower and financial indicators and currencies all finishing higher. Gold closed down $6.30 at $1,119.50, down $50 for the week. The U.S. dollar was up half a cent today and up six-10ths of a cent for the week. In the […]

By Brian Wittal