MarketsFarm — Rising futures prices saw speculators exiting short positions in canola and adding to a growing net long in soybeans, according to the latest commitment of traders (CoT) report […] Read more
Canola
Net short position reduced in canola
Planting progress in Ontario ahead of normal
OMAFRA Field Crop Report for May 14
Temperatures were well below seasonal for much of the past week due to the presence of an arctic air mass. Low night-time temperature records were set in many areas of […] Read more
ICE weekly outlook: Canola steady at midweek
Spring seeding more or less underway
MarketsFarm — After showing considerable strength in prior trading sessions, canola contracts were either side of unchanged at midweek. David Derwin of P.I. Financial in Winnipeg said canola was holding […] Read more
Funds cover canola shorts, but still bearish on corn
MarketsFarm — Speculators reduced their net short position in canola during the first week of May and added to their net long position in soybeans, while placing fresh bearish bets […] Read more
Adjustments likely ahead for StatsCan’s early acreage estimates
Projections still in line with grain trade's expectations
MarketsFarm — The results of the first acreage estimates for 2020 from Statistics Canada come with an asterisk, as the COVID-19 pandemic halted data collection early. Canada’s actual seeded area […] Read more
Cool temps delay germination, crop emergence
OMAFRA Field Crop Report for May 7
Air temperatures for the week of May 4th were below the seasonal average. This has slowed soil warming and while not hindering planting, it is delaying germination and emergence of seeded […] Read more
Trade estimates vary ahead of StatsCan’s acreage report
MarketsFarm — Opinions are wide-ranging on what Canadian farmers plan to plant in 2020, ahead of Statistics Canada’s first round of acreage estimates, due out Thursday. Prior to lockdown measures […] Read more
ICE weekly outlook: Canola acres could be in flux
MarketsFarm — Canada’s canola acres are generally expected to be higher in the first area report of the year from Statistics Canada, compared to the 20.96 million acres estimated to […] Read more
Global grain production to exceed 2.2 billion tonnes, IGC predicts
MarketsFarm — The International Grain Council (IGC) has revised its latest monthly forecast of global grain production down slightly. The IGC projected global production in 2020-21 to hit 2.218 billion […] Read more
Funds add to short position in canola, move to net long in soy
MarketsFarm — The net managed money short position in canola rose slightly in late April, while soybean speculators covered some of their bearish bets, according to the latest commitment of […] Read more
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