Grain prices mixed in week between Xmas and New Year’s

Grain markets were mixed the holiday shortened week of December 30th.

P.I. Financial commodity futures advisor Adam Pukalo says canola was up about 8 dollars per metric ton while spring wheat was down 7 cents a bushel.

He says wheat has rallied about 30 cents a bushel at Minneapolis in December.

He says cold weather may have a negative impact on U.S. winter wheat production.

He says March soybeans have been on the rise, pushing up canola markets.

Pukalo says he will watch trends in crude oil prices next week, because it may set the tone for some grain prices as well.

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