Parliament Hill, in Ottawa – Ontario, Canada. Photo: Ulysse Pixel

Producers welcome change to cash advance program 

After much lobbying, federal government increases interest-free portion of program to $250,000

The interest-free portion of the federal Advance Payments Program will be $250,000 this year, much to farmers’ relief. The amount had been set to drop back to $100,000 at the end of this month after sitting at $350,000 for 2023.





Photo: Iryna Melnyk/iStock/Getty Images

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).