Fund traders cover some bearish bets in canola, soybeans

Reading Time: < 1 minute MarketsFarm — Fund traders were buying back short positions in canola, soybeans and corn during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). In the wheat market, however, they were on the other side. The net managed money short position in ICE […] Read more

Ag chem industry watching COVID-19’s spread

Reading Time: 3 minutes MarketsFarm –– China is a major producer of agricultural chemicals — and disruptions to production would have a ripple effect on North American supplies of crop protection inputs, such as herbicides and insecticides. Plant closures and transportation issues due to the spread of COVID-19 coronavirus are being followed closely, but the Canadian industry is reportedly […] Read more

CBOT weekly outlook: Soybeans, corn recover

More gains possible

Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade moved off of nearby lows over the past week, with more upside a possibility, according to an analyst. “In general, with the recovery in energy prices and global markets, we’re seeing a little support come into the agricultural markets,” said Terry Reilly of […] Read more

Yellow mustard bids solid

Reading Time: < 1 minute MarketsFarm — Yellow mustard bids remain solid in Western Canada, which should encourage acres this spring. “Yellow mustard started firming up after harvest,” said Walter Dyck of Olds Products. Poor conditions and quality concerns in the fall provided some of the support at that time, with top end bids still holding around 40 cents/lb. Brown […] Read more

Fund traders still bearish on canola

Reading Time: < 1 minute MarketsFarm — Fund traders remained heavily on the short side in canola futures during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 62,709 contracts (1,100 long/73,809 short), which […] Read more



Fund traders still bearish on canola

Reading Time: < 1 minute MarketsFarm — Large fund traders covered short positions in soybeans and corn during the week ended Tuesday, but continued to add to bearish bets in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in […] Read more



Lower grain production predicted from Europe in 2020

Reading Time: < 1 minute MarketsFarm — European grain production is expected to be down slightly in 2020, according to the first forecast for the year from European trade association Coceral. In the report, released Thursday, Coceral pegged total grain production for the European Union and United Kingdom in 2020 at 302.7 million tonnes, which would be down from the […] Read more