NEWS
DTN Plains, Prairies Closing Comments
Cliff Jamieson Canadian Grains Analyst
Wed Sep 18, 2013 03:08 PM CDT

MARKET SUMMARY

HRS wheat closed 1/4 to 3/4 higher, corn ended 2 1/4 higher, soybeans finished 5 1/4 to 8 3/4 higher and canola closed $2.40 to $3.30/mt higher.

OUTSIDE MARKETS

Equity markets are higher, with the TSX currently 45.36 higher at 12,878.26. The U.S. Federal Reserve announced that it would not reduce or "taper" its monthly bond-buying stimulus measures, when so many had suggested the program would be reduced from $85 billion per month down to $75 billion. The Canadian dollar is currently 46 higher on the move at $.9740 CAD/USD. The U.S. dollar is sharply lower, currently .760 ...

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