Glacier FarmMedia — 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).
The net managed money long position in canola futures came in at 1,495 contracts as of Sept. 9 (49,392 long/50,887 short). That compares with the net long of 19,054 posted the previous week as speculators liquidated long positions and put on new bearish bets. The last time the managed money fund position was net short was in April 2025.
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Open interest in the canola market was up by 11,170 contracts on the week at 244,031 contracts.
Fund traders also moved from a net long to a net short in the soybean market at the Chicago Board of Trade. The net short of about 13,400 contracts compares with the net long the previous week of 11,400. Meanwhile, the net long position in soyoil was down by about 10,000 at roughly 4,400 contracts.
The net short position in corn, at about 99,500 contracts, was up by 4,000 on the week.
In wheat, the Chicago soft wheat market reported a net short position of 93,300 contracts. The net short in hard red winter wheat came in at roughly 52,200 contracts. In MIAX spring wheat, managed money traders were holding a net short of around 24,400 contracts as of Sept. 9.
