Photo: Greg Berg

Canola net short position grows

Reading Time: < 1 minute The net fund short position in canola grew in mid-September, as speculative selling took the futures to contract lows, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).






Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

CBOT Weekly: Possible Chinese trade action of little concern

Reading Time: 2 minutes As price movement in soybeans on the Chicago Board of Trade continued to be a tussle between dry conditions in Brazil versus pressure from the United States harvest, Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago, suggested not to pay much attention to any trade action China might soon take against U.S. soybeans.







The latest model-based production estimates from Statistics Canada shows downward revisions in both canola and wheat production from the August report. Photo: Thinkstock

StatCan revises canola production lower

Reading Time: 2 minutes Hot and dry weather saw crop conditions decline across much of Western Canada over the past month, with the latest model-based production estimates from Statistics Canada showing downward revisions in both canola and wheat production from the August report.