Speculative fund traders have moved to a net short position in canola futures for the first time in five months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Phil Franz-Warkentin
Stories by Phil Franz-Warkentin
Grain Growers call for Port of Vancouver to be included in federal major projects
The Grain Growers of Canada (GGC) is calling on the federal government and the Major Projects Office to designate the Port of Vancouver and its connecting rail infrastructure as a project of national significance. The first list of projects being considered was released Sept. 11.
ICE canola weekly outlook: Rangebound market looking for direction
ICE canola futures recovered off five-month lows over the week ended Sept. 10, but were lacking any clear direction as the harvest picks up across Western Canada and trade uncertainty with China persisted.
U.S. livestock: Cattle markets mostly higher
Cattle futures on the Chicago Mercantile Exchange were mostly higher on Monday, although the nearby October live cattle contract settled with small losses at the final bell. The October live cattle contract lost 0.175 cents per pound at 235.800 cents while the December contract was up 0.125 cents at 237.575 cents. October feeder cattle futures […] Read more
Australian crops to surpass 10-year averages
Canola 34 per cent above 10-year average
Australian farmers are forecast to grow slightly more canola and barley this year, while wheat production may dip, according to the latest estimates from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
U.S. livestock: Cattle futures climb higher to end week
Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, finding some support from fresh details on the U.S. Department of Agriculture’s plans to deal with new world screwworm.
Feed grains weekly: USDA ups global coarse grain estimate
Production up 4.4 per cent on year
Total world coarse grain production in 2025/26 is forecast to be up by 25 million tonnes from earlier estimates, largely due to increased corn production in the United States, according to the latest Feed Outlook from the U.S. Department of Agriculture, released Aug. 14.
Rains help late crops in Saskatchewan, but delay harvest
Harvest progress at two per cent complete
Widespread rains across Saskatchewan during the week ended Aug. 11 brought much needed moisture to later seeded crops still filling. However, the precipitation slowed desiccation operations and may hurt the quality of earlier seeded crops, said the weekly provincial report.
Large crops to weigh on CBOT corn/soybeans
“We have a lot of corn out there”
Expectations for a record large corn harvest in the United States this year are overhanging the futures market, which should keep values under pressure through the harvest season.
Pulse weekly: Good yields, but smaller U.S. edible bean crop expected
U.S. prices steady with Canada
Dry edible bean production in the United States is forecast to be down in 2025 despite improved yields due to a reduction in harvested area, according to updated estimates from the U.S. Department of Agriculture.
