NEWS
DTN Plains, Prairies Closing Comments
Cliff Jamieson Canadian Grains Analyst
Wed Mar 19, 2014 03:25 PM CDT

MARKET SUMMARY

Spring wheat gained 19 1/4 to 21 1/4 cents, corn gained 1/2 cent to 1 3/4 cents, soybeans closed 6 1/4 to 15 cents higher while canola ended $1.80 to $2.40/mt higher.

OUTSIDE MARKETS

Prior to the afternoon close, the TSX equity market is 19 lower at 14,349, diverging from U.S. markets which are posting modest gains. The U.S. Federal Reserve announced a further $10 billion cut to the monthly stimulus program, dropping the monthly stimulus spending to $55 billion per month. The Canadian dollar is 40 basis points lower at $0.8915 CAD/USD and continuing to lose ground ...

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