
The Daily Board's weekly recap for September 14 to 18 covers a Saudi pipeline attack that spiked crude, the Fed's first rate hike since 2023, and a Statistics Canada wheat cut. Wheat and oats rallied on the crop cut during the week.
Soybean meal later slumped as grains retreated.
The Canadian wheat cut supports wheat values, while oats strength reflects the crop shortfall. Crude and dollar moves add volatility but do not change the grain fundamentals.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Statistics Canada's wheat crop cut during Sept 14-18 lifted wheat and oats, since Canada is a major oat producer and grain-complex sentiment spilled into oats (supply and sentiment); the recap is dated after the window but covers it.