Photo: Canstock

Managed money still adding to record large canola short position

Net short position in soybeans increased by about 2,300 contracts

Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).











Photo: Thinkstock

U.S. grains: Wheat rises nearly four per cent on short-covering, corn and soy climb

Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures rose nearly four per cent on Tuesday, rebounding from life-of-contract lows as a softer dollar and the approach of the spring growing season in the northern hemisphere sparked a short-covering rally, analysts said. CBOT corn and soybeans also closed higher but hovered near multi-year […] Read more