Speculative fund traders continue to add to their net long position in canola futures, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Tag Archives futures
Speculative net long position grows in canola
Bullish bets rise
Klassen: Fall fed cattle supply concerns strengthen feeder complex
For the week ending April 19, Western Canadian feeder cattle markets traded $2 to $3 above week-ago levels. Many auction barns did not have sales due to Good Friday but sale volumes were also smaller at active locations.
U.S. livestock: Cattle lower amid broad selling pressure
Cattle futures on the Chicago Mercantile Exchange were lower on Monday, retreating from early gains as the livestock markets found themselves caught up in the broad weakness triggered by threats from United States President Donald Trump to remove Federal Reserve chair Jerome Powell.
Klassen: Feeder market returns to historical highs
For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward.
Klassen: Feeder market experiences volatility during U.S. tariff week
During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
Klassen: Healthy feedlot margins supports feeder complex
For the week ending March 29, Western Canadian feeder cattle markets traded $5/cwt lower to $5/cwt higher compared to seven days earlier. The price structure was largely determined by the crowd's mindset regarding potential U.S. tariffs.
ICE canola weekly outlook: Future cloudy for futures
Market awaiting upcoming U.S. tariffs
The ICE Futures canola market posted solid gains during the week ended March 26 to trade at its best levels in more than two weeks despite recently imposed Chinese tariffs on canola oil and meal the looming threat of broad tariffs from the United States.
Klassen: Feeder cattle follow live cattle futures higher
For the week ending March 22, Western Canadian feeder cattle markets traded steady to $5 higher on average. Higher quality strings under 600 pounds traded $5 to as much as $10 higher in some cases but the lighter weight categories were quite variable across the Prairies.
U.S. grains: Chicago grains down on U.S.-Russia call, planting intentions
Chicago wheat futures traded both sides of unchanged on Tuesday, holding near a March high underpinned by concerns over U.S. crop conditions. Traders also awaited the outcome of a call between the leaders of the U.S. and Russia over the war in Ukraine.
Klassen: Tariff drama results in volatile feeder cattle market
For the week ending March 7, there were two distinct price structures. On Monday, March 3, feeder cattle prices were relatively unchanged from the previous week. However, once the U.S. implemented tariffs for Canadian cattle on March 4 , feeder cattle markets dropped by $10-$15/cwt on average.
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