Grains rally on harvest’s winter weather — this week in the grain markets

by

Opinion

Grain markets found some legs this week as snow and freezing temperatures started to hit the majority of North America’s major growing regions. A few other highlights include indicators that a U.S.-China trade war resolution may be found, as well as the October WASDE report, which was supportive of soybeans but bearish for corn and wheat. However, a big rally on the aforementioned weather took place Friday that saw both crops earn single-day, double-digit gains. Canola was the only name on the futures board of the grains that didn’t make any gains for the week. Manitoba and most of the…

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