(Dave Bedard photo)

Large speculative short position in canola dips slightly

Net long in CBOT soybeans increases

MarketsFarm — The large managed money short position in canola futures dipped slightly during the week ended Nov. 14, as speculators bought back some of their bearish bets, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Nov. 14, the net managed money short position in

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago soy, corn slip on improved weather in Brazil

Traders exit long positions ahead of U.S. Thanksgiving week

Chicago | Reuters — Chicago grain and soybean futures declined on Friday as the prospect of rain in drought-stricken Brazil eased crop concerns, while traders exited long positions heading into a shortened U.S. Thanksgiving trading week. Soybeans and corn dipped more than one per cent while wheat fell 0.5 per cent. The most-active soybean contract



Photo: Reuters/Ben Nelms/File

IGC raises world crop projections

If realized, the world wheat crop will the second largest on record

Projected worldwide wheat, corn and soybean production in 2023/24 was raised by the International Grains Council in its latest update, with better-than-expected corn yields in the United States and larger Black Sea wheat crops behind the adjustment.


A soybean sprout at a plantation affected by drought at Soledade in Brazil’s Rio Grande do Sul state on Jan. 8, 2022.

Canola looks to soybeans for guidance

Demand for U.S. soy is strong; supply from Brazil is uncertain

The soy complex at the Chicago Board of Trade is usually a bellwether as to where canola prices will go, with support from gains in soyoil and soymeal countered by losses in soybeans during the week ended Nov. 9. There are at least a couple of bearish indicators for soybeans. First is the projected Brazilian






Joe Gardiner of Covers & Co. (left) and Scott Chalmers of the Westman Agricultural Diversification Organization 
near Melita.

Matchmaking intercrops: forage soybean and corn

Residual nitrogen, soil health and extended grazing among the potential benefits being tested with the oddball intercrop

Glacier FarmMedia – The Westman Agricultural Diversification Organization has done a lot of work with intercrops, from honing the agronomy of more established companions like ‘peaola’ (peas and canola), to trying out new mixes like pulses and flax. A novel trial at the research farm’s site near Melita this year put soybeans amid the corn.