NEWS
DTN Plains, Prairies Closing Comments
Cliff Jamieson Canadian Grains Analyst
Thu Jan 31, 2013 03:31 PM CST

OUTSIDE MARKETS

Despite a positive GDP report out of Canada today, Canada's TSX equity market is on the defensive, currently down 88.45 points to 12,705.99. Statistics Canada reported Canadian GDP grew by 0.3% in November, higher than the 0.2% forecast by economists. The GDP was up 1.3% year-over-year. Ben Bernanke announced Wednesday that the U.S. is likely to continue their $85 billion per month stimulus program, highly expected to pressure the U.S. dollar, which in turn supports commodity prices. The Canadian dollar is back above par and is 44 basis points higher at $1.0017 CAD/U.S. dollar. The U.S. dollar is ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
DTN Daily Basis Comments
DTN's Grain Quick Takes
DTN Daily Feedstuffs Comments
DTN Plains & Prairies Opening Comments
DTN Daily Feedstuffs Comments
DTN Daily Basis Comments
DTN Plains & Prairies Opening Comments
Weekly Grain Export Sales Neutral
Right on Time