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Canola speculative short position smallest in year

Speculators were busy covering short positions and moving more money to the long side of the canola market during the week ended Oct. 29, taking the net short position in the oilseed to its lowest level in over a year, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).







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

U.S. grains: Corn ticks up on export demand, easing harvest pressure

Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy trading after rising earlier on U.S. export sales. Wheat futures also eased as rains over dry regions of the U.S. weighed on prices, though drought






Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

CBOT soybeans/corn in ‘tug-o-war’

Soybean and corn futures at the Chicago Board of Trade were pressured by losses in crude oil over the past week, but uncovered support and could see some choppiness ahead of the United States election. The commodities were in a 'tug-o-war' as large supplies were countered by good demand.