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Funds move to net long in canola

Speculative fund traders moved to a net long position in canola for the first time in five months in mid February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday.







Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Soybeans turn higher as traders weigh China demand; wheat climbs

Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of […] Read more