(Dave Bedard photo)

Canola funds reduce net short position

CNS Canada — Fund traders lowered their net short positions in ICE Futures canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators decreased their net short position in canola […] Read more


CBOT March 2019 corn with 20-day moving average. (Barchart)

U.S. grains: Soybeans down again, corn ends higher

Chicago | Reuters — U.S. soybean futures fell on Friday for a second session as traders reacted to smaller-than-expected purchases this week by China coupled with ballooning global supplies, traders said. Corn futures firmed on prospects for China to start buying U.S. supplies of the yellow grain, while wheat declined, consolidating a day after reaching […] Read more



The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly outlook: Soybeans trend up, but trade off headlines

CNS Canada — Speculative short-covering and optimism over trade with China helped soybean and corn futures at the Chicago Board of Trade move higher over the week ended Wednesday. While additional gains are possible, both markets will take more short-term direction from the day-to-day headlines. Conflicting headlines, tweets and other commentary lead to a choppy […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy climbs on hopes for China buying

Chicago | Reuters — U.S. soybean futures closed higher on Tuesday as traders anticipated potential Chinese purchases of U.S. agricultural products, and shrugged off a bearish monthly global soy inventories report from the U.S. Department of Agriculture. Corn firmed, led by soybeans, but wheat futures fell after USDA raised its forecasts of U.S. and global […] Read more