NEWS
DTN Plains, Prairies Closing Comments
Cliff Jamieson Canadian Grains Analyst
Thu Jan 3, 2013 03:48 PM CST

OUTSIDE MARKETS

The TSX is trading on the defensive today, currently down 63.30 points to 12,477.47, cutting short the optimism seen yesterday with the release of the U.S. fiscal cliff solution. The Canadian dollar is 12 points lower at $1.0114 CAD/US dollar. The U.S. dollar is .562 higher at 80.510. Gold prices are suffering today on the release of U.S. Federal Reserve minutes suggesting the current QE3 stimulus program could be finished by the end of 2013. Gold is $19.90 lower at $1,668 /ounce. NYMEX crude is 23 cents lower at $92.80/barrel, while Brent is 39 cents lower at $112.08/barrel.

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