CNS Canada — The recent move to New York for the ICE Futures canola contract has brought with it fresh oversight from the U.S. Commodity Futures Trading Commission (CFTC). The weekly commitment of traders (CoT) report compiled by the CFTC provides details on who is trading canola and the size of their positions — but
Long-awaited fund report still murky for canola
Cow prices coming under pressure at some markets
Feeder prices remain steady as the fall run continues
The fall run remained in full swing at Manitoba cattle auction marts during the week ended Nov. 16, with large volumes and reasonably steady feeder prices at most yards. About 16,500 cattle moved through the rings across the province during the week, with demand coming from all of the usual sources. Feeder steers (600 pounds
Cash oats solid, acreage increase likely in 2019
CNS Canada — Recent volatility in lightly-traded Chicago Board of Trade oats futures has not been felt in the Canadian cash market, where values look solid heading through the winter months. March oats in Chicago hit a contract high of US$3.175 per bushel on Monday, but was back trading at around US$2.90 per tonne two
ICE weekly outlook: Canola corrects off lows, more losses possible
CNS Canada — ICE Futures canola contracts fell to their lowest levels in 15 months during the week ended Wednesday, but found some support to the downside as traders reacted to activity in the Canadian dollar and Chicago soyoil. “Canola seems to be getting some short covering after a long break (lower),” said Ken Ball
Funds’ net short position growing in canola
CNS Canada –– Speculators added to their net short positions in canola during the week ended Tuesday, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators increased their net short position to roughly 29,400 contracts in canola during the reporting period,
CBOT weekly outlook: Rangebound soy, corn look for fresh news
CNS Canada — With Midwestern harvest operations nearing completion for the year, rangebound U.S. grain and oilseed markets are looking for fresh news to provide direction. Soybean, corn and wheat futures all remain stuck in relatively sideways trading patterns and “the only thing that will change that is an adverse situation in South American weather,
Canada’s malt barley courts two different buyers
CNS Canada — The rising North American craft beer sector and strong demand out of China are both good news stories for Canada’s malt barley sector. However, those two customers have different needs which can also create some challenges, said industry officials speaking Tuesday at the annual Grain World conference in Winnipeg. Lorelle Selinger, North
Trends stand out in StatsCan crop data: report
CNS Canada — Second-guessing Statistics Canada’s crop information may be a time-honoured tradition across the Prairies, but there are trends in the data that stand out, according to a recent report from the government agency. Looking at data over the past decade, total seeded canola acres were revised higher in the June survey compared to
Canola futures continue their slide
CNS Canada – Canola futures slid to their lowest levels in 15 months during the week ended Nov. 9, but managed to uncover some support to the downside and could be consolidating. While off-the combine deliveries were slowing down with the advent of winter, the commercial pipeline is still filled with recently harvested canola supplies.
ICE weekly outlook: Canola market establishing a base
CNS Canada – Canola contracts on the ICE platform are trading near their lowest levels in more than a year, but could be running out of room to the downside. With the North American harvest pressure easing and the South American soybean harvest still a number of months away, canola has window of opportunity where
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