DTN Plains, Prairies Closing Comments
Cliff Jamieson Canadian Grains Analyst
Fri Jan 18, 2013 03:27 PM CST


Canada's TSX market has climbed 70.58 points higher in Friday's trade, to 12,745.31. Chinese data indicated an increasing growth rate in their economy for the first time in two years, which excited Friday's markets. The Canadian dollar is 74 basis points lower at $1.0064 CAD/U.S. dollar. Technical trade is suggested to be behind the move. The U.S. dollar is at 80.100, up .399, which will cap the upward price potential of commodities. Gold is trading $5.60 lower at $1,685.20/ounce. Crude oil is down 14 cents to $95.35/barrel, while Brent crude is 71 cents higher at $111.81/barrel.


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