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Prairie wheat weekly outlook: Prices down, especially for durum

Weaker Canadian dollar lends support, K.C., Chicago and Minneapolis wheat put pressure on prices

Wheat prices across the Canadian Prairies pulled back during the week ended Feb. 8. While there were moderate declines in Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, there were sharper losses for Canadian Western Amber Durum.

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Large fund short position in canola edges lower

Net short position in soybeans grew to its largest level in nearly four years

Managed money fund traders only made small adjustments to their large net short position in canola futures during the week ended Jan. 23, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).