NEWS
DTN Plains, Prairies Closing Comments
Cliff Jamieson Canadian Grains Analyst
Wed Oct 23, 2013 03:10 PM CDT

MARKET SUMMARY

MGEX wheat increased 1/4 to 2 1/2 cents, corn gained 4 1/4 to 4 1/2 cents, soybeans closed 5 1/2 to 7 3/4 cents higher while canola finished $1.40 to $2/mt higher.

OUTSIDE MARKETS

The TSX is up 22 points to 13,270, despite lower U.S. equity markets as well as lower commodity trade. Both railways reported strong third-quarter earnings Wednesday morning. The Bank of Canada dropped all hints of a higher move in interest rates, leaving its benchmark overnight rate at 1%, while also dropping its forecast for Canada's economy. 2013 growth was lowered 0.2% to 1.6%, 2014 ...

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