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



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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