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).
Cereals
Speculators finally backing away from bearish bets in canola
Zimbabwe goes hungry as crops wither amid El Nino drought
Residents of the Zimbabwean village of Buhera stood in groups at a primary school waiting to be called by name to receive life-saving handouts of grain, peas and cooking oil.
Farmers, oil drillers in parched Alberta brace for water shortage
Drought could cause double-digit declines in Alberta's wheat yields, data suggests
Drought in Alberta is stretching into its fourth year and farmers and oil companies are planning for water restrictions that threaten production of wheat, beef and crude.
U.S. grains: Wheat continues downward trend, soy and corn rise on short covering
Chicago Board of Trade wheat futures weakened on Friday as plentiful global supplies and weak demand anchored the market, analysts said.
Prairie wheat bids rise as U.S. futures attempt recovery
Spring wheat bids in Western Canada moved higher during the week ended March 14, as wheat futures in the United States tried to recover off their lows.
CN train stopped by demonstrators in Winnipeg, union says
A union representing striking workers in Halifax said it stopped a CN train in Winnipeg yesterday as part of escalations against that company.
EU plan to ease farmers’ fallow land requirement stalls
Farmers have staged weeks of protests against EU environmental restrictions, cheap imports
European policymakers' plan to replace a requirement for farmers to leave land fallow with a voluntary scheme has been held up by disagreement on details, the agriculture commissioner said on Friday on a visit to Warsaw.
U.S. grains: Wheat and corn plunge on poor export news, soy follows lower
Chicago Board of Trade wheat futures plunged on Thursday to approach their lowest level since 2020 and dragged corn prices down on spillover weakness, analysts said.
IGC sees world crop production rising in 2024/25
World production of wheat, corn and soybeans are all forecast to rise in the 2024/25 crop year, according to the first estimates from the International Grains Council for the upcoming growing season, released March 14.
Feed barley sees nearby strength heading into spring
Seasonal trends and rising corn prices have underpinned the feed grain market in Western Canada over the past few weeks, although ample supplies will likely limit the upside going forward.
Cyber-Savvy Farmer
