Reading Time: < 1 minute Managed money fund traders continue to chip away at the large net short position in canola futures, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Wheat
Net short position in canola continues to shrink
China’s drive to boost grain production hits bottleneck, state media says
Reading Time: < 1 minute China's drive to boost grain production has entered a bottleneck where it is difficult to increase production further, state media reported on Monday, as Beijing launched a new drive to raise domestic output by 50 million metric tons by 2030.
U.S. grains: Wheat rallies on Black Sea tensions, weather worries
Reading Time: 2 minutes U.S. wheat futures spiked to a one-month high on Friday as the market was unsettled by spring weather risks in the northern hemisphere and renewed tensions in the Black Sea.
Calls to eliminate the carbon tax grow after the April 1 increase
Reading Time: 2 minutes Opposition to the federal price on pollution ramped up last week as several premiers called for a meeting with the prime minister to discuss the issue.
Prairie Wheat Weekly: Red spring mixed, durum pushes up
Reading Time: 2 minutes Wheat prices on the Canadian Prairies were mixed during the week ended Mar. 31. Canadian Western Red Spring Wheat and Canadian Western Amber Durum were lower, while there were increases Canada Prairie Red Spring Wheat.
U.S. grains: Soybeans sink on weak US export sales, lower soyoil prices
Reading Time: 2 minutes Soybeans dropped on Thursday following lower-than-expected weekly export sales data from the U.S. Department of Agriculture (USDA), seasonally rising supplies from the South American harvest and falling soyoil prices.
Feed Grain Weekly: ‘A good time to secure pricing’
Reading Time: 2 minutes There has been some movement in feed grain prices across the Canadian Prairies during the week ended Apr. 3, particularly in Alberta. Susanne Leclerc of Market Master Ltd. in Edmonton chalked that up to factors such as road bans and the approach of spring seeding. She also noted a change in corn.
U.S. grains: Technical buying lifts grains, soy as US Midwest planting season nears
Reading Time: 2 minutes U.S. corn futures rose on Wednesday on technical buying and short covering that lifted prices from Tuesday's one-month lows as traders assessed Midwestern weather conditions before the spring planting season.
Spring wheat futures find support, soybeans/corn rangebound
Reading Time: 2 minutes After hitting their softest levels in three years, the Minneapolis spring wheat market uncovered some support on April 3, although all the spring-seeded U.S. crops could hold rangebound through the planting season.
U.S. grains: Corn down as Midwest outlook seen boosting spring planting
Reading Time: 2 minutes U.S. corn futures dropped on Tuesday on forecasts for good spring planting weather, easing concerns about a lower-than-expected acreage outlook from the U.S. Department of Agriculture (USDA) last week.