CNS Canada — Fund traders added to their net short positions in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net short position to roughly 44,000 contracts […] Read more
Tag Archives Canola — page 87
Net fund short position grows in canola
Long-awaited fund report still murky for canola
CNS Canada — The recent move to New York for the ICE Futures canola contract has brought with it fresh oversight from the U.S. Commodity Futures Trading Commission (CFTC). The weekly commitment of traders (CoT) report compiled by the CFTC provides details on who is trading canola and the size of their positions — but […] Read more
Alberta farmers try to wrap up ‘very unusual year’
CNS Canada — As winter approaches, producers in Alberta are still in the fields trying to wrap up the last bit of the 2018 harvest. According to the final crop report issued by Alberta Agriculture and Forestry, about six per cent of all crops were still in the field at the end of October. The […] Read more
Funds’ net short position growing in canola
CNS Canada –– Speculators added to their net short positions in canola during the week ended Tuesday, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators increased their net short position to roughly 29,400 contracts in canola during the reporting period, […] Read more
ICE weekly outlook: Canola seen dropping further still
CNS Canada — As global oilseed overproduction and a trade war rages on between the U.S. and China, producers should get used to lower canola prices, according to one analyst. “For the last two years (we’ve been) moving in a $480-$530 type of range. My best guess is that when we get into 2019, (without […] Read more
Trends stand out in StatsCan crop data: report
CNS Canada — Second-guessing Statistics Canada’s crop information may be a time-honoured tradition across the Prairies, but there are trends in the data that stand out, according to a recent report from the government agency. Looking at data over the past decade, total seeded canola acres were revised higher in the June survey compared to […] Read more
ICE weekly outlook: Canola market establishing a base
CNS Canada – Canola contracts on the ICE platform are trading near their lowest levels in more than a year, but could be running out of room to the downside. With the North American harvest pressure easing and the South American soybean harvest still a number of months away, canola has window of opportunity where […] Read more
Visible canola supplies building: CGC report
CNS Canada – Canadian canola stocks in the commercial pipeline increased for the fifth-straight week, according to the latest data from the Canadian Grain Commission, as solid post-harvest deliveries more than made up for the routine demand from exporters and the domestic crush sector. Farmers delivered 499,900 tonnes of canola during the week ended Oct. […] Read more
ICE weekly outlook: ICE canola could go lower still
CNS Canada – It’s a dismal outlook for the ICE canola market as it has hit new yearly lows and could go lower still, according to one trader. “Unfortunately the news for the moment doesn’t seem to be overwhelmingly bullish news. It continues to be a little bit on the tad negative side,” said Keith […] Read more
Price volatility means export challenges
Farm Credit Canada study covering 30 years shows most agriculture exports drop during periods of volatility
A Farm Credit Canada analysis of 30 years of trading showed that during periods of price volatility, Canadian exports usually decline to most markets. Prices for soybeans, beef and pork are particularly volatile during periods driven by trade tensions – as are being seen right now. That doesn’t bode well for producers of those commodities […] Read more
Cyber-Savvy Farmer
