(PamWalker68/iStock/Getty Images)

Bearish bets rise in canola futures

Reading Time: < 1 minute Bearish bets in the ICE Futures canola market hit their highest level in three months in mid-June, as speculative fund traders added to their large net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).



Photo: Thinkstock

From Black Sea to US Midwest, extreme weather threatens crop output

Hot, dry weather forecast for Russia, Ukraine in coming months; relief seen for China's corn, soybean crops hit by heatwave

Reading Time: 3 minutes Forecast dryness in the Black Sea region's breadbasket is likely to stunt sunflower and corn yields, while heavy rain in the United States after near-record temperatures threaten to take a toll on crops, hitting world supplies and pushing prices higher.