Managed money fund traders continue to chip away at the large net short position in canola futures, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
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Net short position in canola continues to shrink
U.S. grains: Wheat rallies on Black Sea tensions, weather worries
U.S. wheat futures spiked to a one-month high on Friday as the market was unsettled by spring weather risks in the northern hemisphere and renewed tensions in the Black Sea.
Prairie Wheat Weekly: Red spring mixed, durum pushes up
Wheat prices on the Canadian Prairies were mixed during the week ended Mar. 31. Canadian Western Red Spring Wheat and Canadian Western Amber Durum were lower, while there were increases Canada Prairie Red Spring Wheat.
U.S. grains: Soybeans sink on weak US export sales, lower soyoil prices
Soybeans dropped on Thursday following lower-than-expected weekly export sales data from the U.S. Department of Agriculture (USDA), seasonally rising supplies from the South American harvest and falling soyoil prices.
U.S. grains: Technical buying lifts grains, soy as US Midwest planting season nears
U.S. corn futures rose on Wednesday on technical buying and short covering that lifted prices from Tuesday's one-month lows as traders assessed Midwestern weather conditions before the spring planting season.
U.S. grains: Corn down as Midwest outlook seen boosting spring planting
U.S. corn futures dropped on Tuesday on forecasts for good spring planting weather, easing concerns about a lower-than-expected acreage outlook from the U.S. Department of Agriculture (USDA) last week.
U.S. grains: Corn sinks on big supplies; wheat down on good winter crop outlook
U.S. grain futures fell on Monday as pressure from ample supplies partly unraveled steep gains late last week following a U.S. Department of Agriculture report that projected lower-than-expected U.S. corn plantings.
U.S. grains: Corn rallies most since July on lower US plantings outlook
Chicago Board of Trade corn futures posted their biggest one-day rally since July after the U.S. Department of Agriculture on Thursday reported grain stocks and intended plantings below trade estimates.
CBOT Weekly: Markets react to USDA reports
Projected corn acres at the lower end of trade expectations was the most notable news after the United States Department of Agriculture (USDA) released its Prospective Plantings and Quarterly Stocks reports on March 28.
Prairie Wheat Weekly: Mixed bids for spring wheat, durum higher
Western Canadian bids for Canadian Prairie Red Spring (CPRS) and durum wheat were higher, but there were declines in Canadian Western Red Spring prices during the period of March 21 to 27.
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