(Photo courtesy Canada Beef Inc.)

Feed Grains Weekly: Overbooked end-users worried about tariffs on Canadian beef

Feed wheat, U.S. corn too expensive

There won't be a whole lot of movement of feed grains on the Canadian Prairies any time soon, stated Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. He said not only are the end-users overbooked, but the relentless uncertainty over tariffs continues to dominate the cattle industry across Western Canada.


Photo: Thinkstock

Funds move to large net long position in canola

First net long since 2023

Speculative fund traders moved to a net long position in canola for the first time in one-and-a-half years, as they covered short positions and put on fresh bullish bets in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).




File photo of a durum wheat field in Idaho. (Craig Morris photo courtesy ARS/USDA)

U.S. wheat, world grain stocks tighten: USDA

Less supply by end of marketing year

Projected world grain stocks, as well as those for United States wheat, are set to tighten according to the U.S. Department of Agriculture's monthly supply/demand report released on Feb. 11, 2025.

 Photo: Greg Berg

Speculators exit short positions in canola

Net short smallest since 2023

Speculative fund traders were busy covering bearish bets and putting on new long positions during the first few days of February, taking the net short position in canola to its smallest level since September 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).