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Funds back adding to shorts in canola after month of covering

Corn traders were on the other side of the market

After a month of covering short positions, fund traders were back adding to their bearish bets to start December, with the net short position in the oilseed growing by roughly 13,000 contracts, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Growers are starting to feel the pinch of inflation, high interest rates and rising labour costs.

Inputs strike sour note on farm cash receipt rise

Farm cash has been flowing in fast, but it’s been flowing out fast too

Manitoba farm groups were unsurprised by a recent Statistics Canada report into last year’s farm income, which flagged increased farm cash receipt and higher input costs. After all, Keystone Agricultural Producers director Chuck Fossey noted, it’s almost the end of 2023. Farmers lived those price trends and have seen how things carried into this year. “We


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China accounting for bulk of Canadian canola exports so far

Chinese wheat imports roughly half of last years' at same time

China has done most of the heavy lifting when it comes to Canadian canola exports through the first three months of the 2023/24 marketing year (Aug/Jul), according to the latest international trade data released Dec. 6. Statistics Canada reported canola exports through October at 1.566 million tonnes, with China accounting for 64 per cent of the total (1.006 million tonnes). Japan and Mexico followed at 273,300 tonnes and 196,900 tonnes respectively.

The latest projections for Brazil’s 2023-24 soybean crop has delivered a startling reality check.

Brazilian numbers could outweigh StatCan projections

At press time the trade was parsing the Latin American numbers and anticipating Canadian ones

Everyone who has celebrated Christmas has at least once received a gift where their first thought after unwrapping it was, “it’s not quite what I expected, but it’s the thought that counts, I guess.” Three weeks before the big day, growers, traders and analysts may have received one of those gifts from Statistics Canada. The






Rob Duncan, a canola breeder at the University of Manitoba, used genomic selection to design these canola plants. Breeders can select desired traits from across the entire canola genome.

Genome selection helps find next superstars

Sequencing the canola genome in 2014 paved the way for researchers to be more precise when developing new varieties

Glacier FarmMedia – In the 2020 Western Hockey League bantam draft, the Regina Pats had the first overall pick. They selected Connor Bedard. It was an easy pick and a good one. Bedard recorded 100 points in the 2021-22 WHL season and 143 points last year. In June, the Chicago Blackhawks selected Bedard with the


A strike at the Rogers Sugar refinery in B.C. has led to sporadic supply disruptions of numerous sugar products.

Going soft on ICE

Expert's Radar: The canola exchange also hosts more exotic commodities

The ICE Futures U.S. exchange, home to Canadian canola contracts, is also the primary price discovery platform for the so-called “soft” commodities, including coffee, cocoa, sugar and frozen concentrated orange juice. While Canada does export some sugar, the country is largely a price-taker for all those commodities and holiday bakers may feel an extra pinch