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Funds holding large net short in canola heading into 2024

Corn traders were covering shorts and putting on some new longs as New Year rolled in

Reading Time: < 1 minute The net short position in canola futures was sitting near its largest levels on record to end 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).







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China approves seed firms for GMO corn and soybeans

The world's biggest buyer of soybeans and corn wants to reduce its reliance on imports

Reading Time: 2 minutes China has approved a first batch of seed companies to breed and sell genetically modified corn and soybean seeds, paving the way for commercial planting of GMO grains in a move that could cut its reliance on imports from the U.S. and Brazil.