Remaining canola fell prey to strong winds, some in excess of 90 kilometre an hour, across Manitoba Sept. 30.

Canola market falls, then rallies

Values rose to their highest point since July, following global oilseed markets

ICE Futures canola contracts traded within a wide range during the first week of November, falling sharply lower at one pointbefore buyers came forward to take values to their highest levels since July.



(Thinkstock photo)

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).




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.