Photo: Greg Berg

Funds still sitting on large net short position in canola

Soybeans' net short position increased by about 5,000 contracts

The large net short position in canola futures held relatively steady during the week ended Jan. 30, with speculative traders making only minor adjustments, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).



Photo: Canstock

Record large short position grows in canola

CBOT net short position on soybeans more than doubled

The record large net short position in ICE Futures canola continued to rise in mid-January, as fund traders put on more bearish bets and liquidated long positions, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).






ICE March 2020 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola off highs, rangebound

MarketsFarm — ICE Futures canola contracts tested long-time chart resistance during the week ended Wednesday, but failed to break higher and retreated to hold rangebound overall. The Phase One trade deal signed Wednesday between the U.S. and China failed to give the grain and oilseed markets a boost, as the vague details of the actual […] Read more