Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Tag Archives soybean futures
Managed money still adding to record large canola short position
Net short position in soybeans increased by about 2,300 contracts
U.S. grains: Wheat rises nearly four per cent on short-covering, corn and soy climb
Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures rose nearly four per cent on Tuesday, rebounding from life-of-contract lows as a softer dollar and the approach of […] Read more
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
U.S. grains: Soy, corn futures under pressure as jobs data lifts US dollar
Chicago | Reuters – Chicago Board of Trade soybean futures fell about one per cent on Friday and corn also declined as the dollar .DXY soared after a much stronger-than-expected […] Read more
Speculative short position hits new record in canola
Soybeans hit largest net short position since March 2020
Speculators were back adding to their large net short position in canola to start 2024, taking the bearish bet to a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE weekly outlook: No reason for strong rally in canola
Canola likely to pull back once trading gets back into full swing in New Year
There were strong gains for canola on the Intercontinental Exchange on Dec. 27, as trading resumed after being closed for Christmas and Boxing Day. However, the gain will likely not be the prelude to a major upswing in the oilseed’s prices. Rather, canola is likely to pull back once trading gets back into full swing after the New Year, according to analyst Bruce Burnett of MarketsFarm.
Speculative net short position in canola hits new record
CBOT long liquidation saw the net long position in soybeans dip
The net short position in canola futures climbed to a new record large level in mid-December, as speculators added to their bearish bets for the second week in a row, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE weekly outlook: Canola pulling lower
Futures subject to 'financial gravity'
MarketsFarm — Canola futures on the Intercontinental Exchange kicked off the week of Oct. 23-27 with sharp losses, as the most heavily traded January contract busted through its support level […] Read more
U.S. grains: Soybeans gain on export optimism; wheat, corn slip
Chicago | Reuters – Chicago soybean futures climbed on Thursday, energized by fresh export sales, although forecasts for cooler, rainy weather capped gains. Wheat fell to a three-week low, as […] Read more
U.S. grains: Grain, soybean futures slide as investors shed risk
Chicago | Reuters – Chicago soybean and grain futures turned lower on Thursday, as investors began shedding risk amid signs that the hot weather in the U.S. Midwest this week […] Read more
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