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).
Canola
Net short position in canola continues to shrink
Leafhoppers remain a cause for concern
Aster yellows can quickly wipe out canola and other crops
Aster leafhoppers may be small but they pose a huge risk to canola and other crops on the Prairies. The aster leafhopper (Macrosteles quadrilineatus) typically measures 3.5 to six millimetres in length. It is straw-coloured and is sometimes referred to as the four-lined leafhopper because of the four dark lines on its forehead. While aster […] Read more
ICE Weekly: More room to the upside for canola
After the May contract on the Intercontinental Exchange (ICE) fell to its lowest level in two-and-a-half weeks, at C$615.70 per tonne on March 28, it jumped to rise above C$645 on April 2. However, the contract closed C$10 below their daily highs on both April 2 and 3.
ICE Canada Weekly: Canola set to rise, but not a sure thing
After incurring sharp losses on Tuesday and Wednesday, canola futures on the Intercontinental Exchange were poised for a turnaround to swing higher. MarketsFarm analyst Mike Jubinville suggested that cash prices on the Canadian Prairies should soon return to C$14 per bushel and maybe push as high as C$15.
Large fund short position shrinking in canola
Managed money fund traders continued to chip away at their large net short position in canola in mid-March, covering more of their large bearish bets, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE Weekly: Canola hitting highest levels since January
Nearly seven months of price pressures and fund selling creating a lengthy downturn have given way to canola trending higher for the first time in 2024.
Tightening canola ending stocks for 2024/25: AAFC
Canadian canola ending stocks will likely be tighter by the close of the upcoming 2024/25 marketing year, while the wheat carryout should rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released March 19.
Canola’s least wanted
Experts discuss pests and pathogens canola growers will want to watch for in 2024
Flea beetles pose one of the greatest risks to yields for canola growers in Western Canada. A 2022 survey conducted on behalf of the Canola Council of Canada bore that out. Some 91 per cent of growers who participated in the survey identified flea beetles as the greatest economic risk to their crops. That’s likely […] Read more
Speculators finally backing away from bearish bets in canola
Speculators were busy covering some of their large net short position in canola in early March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Checking crops from orbit may be underused option
The available satellite imagery of our crops may be an underused tool for field analysis
Glacier FarmMedia — Last fall on her farm near Holland, Man., Anastasia Kubinec was struggling with a decision about a canola field. In one part of the of the field, it seemed like the crop was ready to combine. But other areas were possibly too wet and too green. One option was going in with […] Read more