Grain markets gain for the second straight week - this week in the grain markets

by

Opinion

Grain markets found green again to end the last full trading week of March as capital inflows into the space and demand for essential foodstuffs remains strong. That said, only wheat had a positive day on Friday as the rest of the complex and broader equity markets saw a sell-off. The Canadian Loonie finished the week strong to close back up above 71.5 cents USD (after scratching 68 cents on March 19th) and so this has put some pressure on Canadian cash grain markets. To state the obvious, COVID-19 continues to consume all headlines and the situation remains very fluid…

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