The new net long position by the funds is not substantial, but the fact of significant purchases of canola contracts during the week has given the market momentum, Bruce Burnett writes.
Tag Archives soybean exports
Recent fund buying helps push up canola cash prices
Funds have also been buying back their short position in soybeans
U.S. soybean exports strong to countries other than China
Smaller export program to China allows U.S. sector to put more effort into market development in other countries
U.S. soybean sales to China have been disappointing, but the industry is making headway in other markets around the world.
New trade war would slash U.S. exports: report
Canola would be the Canadian crop most directly affected by a trade war because of its link with U.S. soybean prices
SASKATOON — Grain and oilseed prices would fall if a new trade war erupted between the United States and China, according to a new report. The American Soybean Association and National Corn Growers Association sponsored the report prepared by World Agricultural Economic and Environmental Services. Related stories: The groups said there has been “considerable discussion” […] Read more
Massive soybean crop expected
ROCHESTER, Minnesota, Aug 23 (Reuters) — The U.S. soybean harvest will be even bigger than the U.S. government’s record forecast, advisory service Pro Farmer said last week, though it forecast a smaller corn crop than what the U.S. Department of Agriculture expects. Near-perfect growing weather in most areas of the world’s top corn exporter and […] Read more
