Daily Network News

More News →

Canola

(File photo by Dave Bedard)
Canola, Crops, Markets

Canola fund short position holds steady

By
Reading Time: < 1 minute CNS Canada — Fund traders maintained their net short position in ICE Futures canola contracts, according to the latest commitment of traders (CoT) report by the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net short position in canola by only 500 contracts, to […] Read more
ICE January 2019 canola with Bollinger (20,2) bands. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola steady heading into 2019

By
Reading Time: < 1 minute CNS Canada –– ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, and should be expected to remain steady heading into the New Year barring outside political developments. “We’re in a doldrums environment,” said Mike Jubinville of ProFarmer Canada in Winnipeg. “The supply/demand fundamentals suggest this market is reasonably well supplied, with […] Read more
(Noel Hendrickson/DigitalVision/Getty Images)
Canola, Corn, Crops, Soybeans

Richardson to buy Wesson cooking oil brand

By
Reading Time: 2 minutes A household name in U.S. cooking oils is set to become part of Canadian grain handler and oilseed processor Richardson International. Chicago-based Conagra Brands said Tuesday it will sell its Wesson oil brand and related assets — including a 280,000-square foot U.S. processing plant at Memphis — to Richardson for an undisclosed sum. Wesson-branded retail […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Canola funds reduce net short position

By
Reading Time: < 1 minute CNS Canada — Fund traders lowered their net short positions in ICE Futures canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators decreased their net short position in canola […] Read more
ICE January 2019 canola, with 20-day moving average. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Cheaper canola could stir up export interest

By
Reading Time: 2 minutes CNS Canada — The ICE Futures canola market has seen contracts become cheaper of late, which could lead to an increase in demand — but the market is also still closely following the ongoing saga between China and the U.S. “Everybody’s just waiting for some kind of news regarding China possibly purchasing U.S. beans. They […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Funds reduce short position in canola

By
Reading Time: < 1 minute CNS Canada — Fund traders lowered their net short positions in ICE canola futures during the week ended Dec. 4, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators decreased their net short position in canola […] Read more
(Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Canola Council resets course for ‘efficiencies’

By
Reading Time: 3 minutes Facing new limits on available funding, Canada’s canola value chain organization plans to refocus its work on its “core strengths” and collaborate with other players. The Canola Council of Canada on Wednesday announced a revised work plan, coming out of a “priorities review” undertaken after one of Canada’s biggest grain companies called a halt to […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Net fund short position grows in canola

By
Reading Time: < 1 minute CNS Canada — Fund traders added to their net short positions in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net short position to roughly 44,000 contracts […] Read more

Latest Market News

More Market News →