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Managed money still adding to record large canola short position

Net short position in soybeans increased by about 2,300 contracts

Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).



At Lethbridge just one year in the past 10 booked above-normal precipitation during its growing season.

A decade of dry

Let's review the variability of weather and soil moisture at Lethbridge

Weather is often the greatest factor that influences crop production across the Prairies — in particular, growing season precipitation and level of heat. The southern Prairies, particularly the regions of the Brown and Dark Brown soil zones, have the lowest growing-season precipitation, in the range of 150 to 200 mm (six to eight inches) and […] Read more