NEWS
DTN Plains & Prairies Opening Comments
Cliff Jamieson Canadian Grains Analyst
Thu Nov 22, 2012 07:51 AM CST

Outside Markets

Canada's TSX equity market closed at 12,100.06 in yesterday's trade, up 53.78 points. The Canadian dollar is up 3 basis points to $1.0033 CAD/US dollar. Gold is $2.50/ounce higher at $1,730.50/ounce. Crude oil is trading at $87.24/barrel, down 14 cents, while Brent Crude is trading down 38 cents to $110.48. Crude palm oil on the Bursa Malaysia Derivatives Exchange closed down 1.3% citing weak export demand combined with poor refining margins. Chances are that November inventories will exceed October's record inventories. Soybeans on the Chinese Dalian Exchange traded mixed today while European rapeseed traded lower.

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