Speculators were busy covering short positions and moving more money to the long side of the canola market during the week ended Oct. 29, taking the net short position in the oilseed to its lowest level in over a year, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Tag Archives Soybeans — page 14
Canola speculative short position smallest in year
Used cooking oil crushes soy sector
Oilseed processors say imported used cooking oil from China is displacing soybean oil in the American biofuel industry
The United States continues to face a tsunami of used cooking oil imports from China that is undermining the country’s soybean crush expansion, says an analyst.
Brazilian soybeans/corn turn around, but jury out on Argentina
Things have been greatly improving for Brazilian soybean and corn crops, while the jury is still out for Argentina, said Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
U.S. grains: Corn ticks up on export demand, easing harvest pressure
Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy trading after rising earlier on U.S. export sales. Wheat futures also eased as rains over dry regions of the U.S. weighed on prices, though drought […] Read more
CBOT soybeans/corn in ‘tug-o-war’
Soybean and corn futures at the Chicago Board of Trade were pressured by losses in crude oil over the past week, but uncovered support and could see some choppiness ahead of the United States election. The commodities were in a 'tug-o-war' as large supplies were countered by good demand.
Fund short position in canola smallest in six months
The net fund short position in canola fell to its lowest level in six months during the week ended Oct. 22, as speculators covered bearish bets and put on new longs, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
December a crucial window for soybean, corn sales
Crop prices in Ontario are currently making seasonal lows as they do during harvest
December is a prime opportunity for Ontario farmers to sell soybeans because U.S. farmer selling slows and the South American harvest hasn’t started. Ontario basis levels are strengthening during December, while the soybean futures are making seasonal highs.
CBOT Weekly: Corn, soybeans rising, wheat slipping
Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
Canadian Grain Commission is Soy Canada’s new partner on Soy Quality program
Program builds buyer trust and confidence
The Soy Quality program provides information on quality and performance of Canadian soybeans so international buyers are confident the beans will work for their soy food manufacturing.
Soy trial results drive value-chain decisions
Growers, seed companies, exporters and international buyers use valuable information from variety trials to decide what soybeans to grow, commercialize, market to buyers and purchase to process into soy foods.
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