Managed money fund traders added to their large net short position in canola in early September, while profit-taking saw a reduction in the bearish bets for soybeans and corn in Chicago, according to the latest Commitments of Traders report.
Wheat
Fund traders add to bearish bets in canola
U.S. grains: CBOT wheat hits 12-week peak on Black Sea tensions
Chicago Board of Trade wheat futures reached a 12-week high on Friday as escalating tensions in Russia's war with Ukraine increased uncertainty about Black Sea exports.
Alberta weekly crop report: Harvest yields are coming in lighter than expected
Combining of major crops in Alberta progressed 23 points during the week ended Sept. 10, reaching 54 per cent, according to the province's latest weekly crop report. While dry weather helped to advance the harvest, crop yields were not meeting expectations.
Prairie Wheat Weekly: Cash prices for spring wheat, durum mostly higher on the week
Cash prices for Canada Prairie Red Spring Wheat and Canadian Western Amber Durum were up for the week ended Sept. 12, while those for Canadian Western Red Spring Wheat were mostly higher.
U.S. grains: Corn ends higher despite USDA raising US yield outlook
Chicago Board of Trade corn futures ended higher on Thursday, rebounding from a drop to near two-week lows after the U.S. Department of Agriculture (USDA) raised its estimate of the U.S. corn crop, traders said.
Saskatchewan crop report: Hot, dry conditions help harvest
Saskatchewan’s harvest was more than halfway finished at 61 per cent complete, although not as much as the 68 per cent complete from one year ago. The figure was higher than the 42 per cent reported last week, the five-year average of 50 per cent and the 10-year average of 46 per cent. The southwest region was the nearest to completion at 85 per cent while the northeast region’s harvest was only at 34 per cent.
Feed Grains Weekly: Prices moving higher, but maybe not much more says broker
With Alberta farmers presently reluctant to sell their barley and wheat for feed, cash prices have been on the upswing, according to Darcy Haley, vice-president Ag Value Brokers in Lethbridge.
USDA’s September numbers meet trade expectations
Coming within market expectations was essentially the central theme in the September supply and demand report (WASDE) from the United States Department of Agriculture released on Sept. 12.
Manitoba wheat sees mixed fusarium levels
Some wheat samples have taken a grade hit at the elevator in central Manitoba, but problems are spotty
Uneven fusarium levels in Manitoba are affecting cereal crop quality, influencing market prices and harvest decisions.
U.S. grains: Wheat climbs to one-week high; soy, corn firm ahead of USDA data
U.S. wheat futures hit a one-week high on Wednesday, supported by signs that supply pressure from the Black Sea export region may be easing, analysts said.
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