Canola funds cover shorts and move to net long

Speculators covered short positions in the ICE canola market during the week ended Oct. 16, moving from a net short position to a small net long position, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators moved from a […] Read more

CBOT soybeans trending higher, with meal

Soybean and corn futures at the Chicago Board of Trade both saw some strength over the past week, and could see some additional upside, according to an analyst. Harvest delays due to poor weather and speculative short-covering accounted for some of the recent strength in the futures, according to Sean Lusk, director of the commercial […] Read more

Heavy canola deliveries despite harvest delays

Winnipeg – Canadian farmers made heavy deliveries of canola into the commercial pipeline during the first week of October, according to the latest Canadian Grain Commission data. The active movement came despite persistent reports of harvest-delaying weather in many areas. While snow continued to keep farmers off of their fields in parts of the Prairies, […] Read more


Good pasture keeps Man. cattle from market

Winnipeg – The fall cattle run is off to a slow start in Manitoba this year, as improving pasture conditions kept some cattle away from the markets a little longer than normal. Prices for what was moving during the week ended Oct. 5 were steady at most markets, although seasonal pressure should pick up in […] Read more

Weekly Manitoba cattle report

Winnipeg – The fall cattle run is off to a slow start in Manitoba this year, as improving pasture conditions kept some cattle away from the markets a little longer than normal. Prices for what was moving during the week ended Oct. 5 were steady at most markets, although seasonal pressure should pick up in […] Read more


Canadian spring wheat prices up with U.S. futures

Winnipeg – Hard red spring wheat bids in Western Canada posted solid gains during the week ended Oct. 5, as gains in the United States futures and concerns over harvest delays in parts of the Prairies provided support. Production issues in Australia and reports that Russia may be curtailing wheat exports were also supportive for […] Read more

Canola speculators cover shorts: Commitment of Traders

Winnipeg – Large speculators covered short positions in the ICE Futures canola market during the week ended Oct. 2, cutting their net short position roughly in half, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators reduced their net […] Read more

Rising yield expectations limit upside for corn and soybeans

Winnipeg – Soybean and corn futures at the Chicago Board of Trade may be finding some short-term support from harvest delays across the Midwest, but expectations for large crops overall should limit the upside for prices going forward, according to an analyst. “The highs could be in right now,” said Rich Feltes, of R.J. O’Brien […] Read more


Stalled harvest progress across Western Canada saw canola prices move steadily higher on the ICE Futures platform for most of the week ended Sep. 28. | Tom Boden photo

A lot of crop still left in the fields

Winnipeg – Stalled harvest progress across Western Canada saw canola prices move steadily higher on the ICE Futures platform for most of the week ended Sep. 28. While the cool and wet conditions should remain a supportive factor as long as they persist, activity in the Chicago soybean complex could override any weather-related strength. Manitoba […] Read more

Cheap corn, poor harvest pressure feed grains

Winnipeg — Cheap corn imports and adverse Western Canadian harvest conditions should mean no shortage of feed grain in Alberta’s feedlot alley this winter, which should also keep prices under pressure going forward. “Any time you get a ripe crop and you get snow and rain falling on it, it normally doesn’t make better quality,” […] Read more