Managed money fund traders added to their large net short position in canola in early September, while profit-taking saw a reduction in the bearish bets for soybeans and corn in Chicago, according to the latest Commitments of Traders report.
Canola
Fund traders add to bearish bets in canola
How to keep last year’s canola out of your beans
If any good herbicide options are off the table, canola will compete well against soybeans
Glacier FarmMedia — Fighting off volunteer canola in your soybean crop begins with added effort to keep your non-volunteer canola from escaping the back of the combine the year before. While there’s already been a lot of work done on the matters of volunteer canola issues and canola harvest loss, recent research from the University […] Read more
StatCan revises canola production lower
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.
Alberta weekly crop report: Harvest yields are coming in lighter than expected
Combining of major crops in Alberta progressed 23 points during the week ended Sept. 10, reaching 54 per cent, according to the province's latest weekly crop report. While dry weather helped to advance the harvest, crop yields were not meeting expectations.
China’s carrot-and-stick tactics on EU nations start to pay off
China appears to allow no room for negotiations or concessions with Canada
Beijing, as a vote on EU duties on China-made electric vehicles looms, employed a carrot-and-stick approach to deal with the 27-strong bloc, but appears to have no concessions for Canadian canola.
Saskatchewan crop report: Hot, dry conditions help harvest
Saskatchewan’s harvest was more than halfway finished at 61 per cent complete, although not as much as the 68 per cent complete from one year ago. The figure was higher than the 42 per cent reported last week, the five-year average of 50 per cent and the 10-year average of 46 per cent. The southwest region was the nearest to completion at 85 per cent while the northeast region’s harvest was only at 34 per cent.
ICE canola weekly outlook: Contracts hovering above lows
The ICE Futures canola market held above major chart support during the week ended Sept. 11, as uncertainty over a Chinese anti-dumping investigation tempered any attempts at moving higher.
Manitoba harvest advances with co-operative weather
Harvesting in Manitoba reached 40 per cent complete according to the latest crop report from the provincial agriculture department on Sept. 10. The central region was furthest along a 51 per cent finished, followed by the eastern region at 47 per cent done, the southwest at 38 per cent, the Interlake at 34 per cent and the northwest at 25 per cent.
Most Prairie farm product prices drop: StatCan
Average prices for the majority of crops grown in the Prairies were lower this July compared to the year before, while cattle prices continued to rise, according to Statistics Canada's (StatCan) monthly farm product prices released on Sept. 10.
Chinese tariffs not expected to stop canola flow
Anti-dumping investigation announcement had an immediate affect on prices, but market access not seen as major worry
China's shot across Canada's bow is splashing alarmingly close to U.S. farmers, who also felt the impact of China's announced anti-dumping investigation into Canadian canola as American elevator prices reflected the selloff.
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