Speculative fund traders moved to a net long position in canola for the first time in one-and-a-half years, as they covered short positions and put on fresh bullish bets in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Funds move to large net long position in canola
First net long since 2023
Canada reports outbreak of H5N5 bird flu on backyard farm
Canada has reported an outbreak of highly pathogenic H5N5 avian influenza on a non-commercial backyard layer poultry farm in the eastern part of the country, the World Organization for Animal Health said on Tuesday.
EU plans to restrict imported crops treated with banned pesticides, draft shows
The European Union is planning tougher restrictions on imported crops treated with pesticides banned in Europe, a draft European Commission document showed, a move that would impact suppliers including the U.S.
Klassen: Feeder market recovers on strong demand
For the week ending February 15, Western Canadian feeder cattle markets traded steady to five dollars higher on average compared to seven days earlier. The market has recovered after the recent stretch of adverse weather and the U.S. tariff threat in early February.
U.S. grains: Chicago wheat hits four-month high as cold threatens Russia, US crops
Chicago Board of Trade wheat futures Wv1 soared on Friday to their highest price since October, and analysts said support from blistering cold weather in the Black Sea and U.S. Plains regions prompted short covering.
U.S. livestock: CME cattle, hogs slide ahead of long weekend
Chicago Mercantile Exchange cattle ended the week down ahead of the President’s Day long weekend.
CropLife Canada calls for halt to Pest Management Regulatory Agency changes, cites tariffs
The threat of U.S. tariffs means Canada should be doing all it can to keep farmers competitive, CropLife Canada says
CropLife Canada says U.S. tariffs would be bad enough, agriculture doesn't need the added hit from changes to the Pest Management Regulatory Agency (PMRA).
Prairie spring wheat bids dip with U.S. futures, rising loonie
Durum steady
Hard red spring wheat bids in Western Canada moved lower during the week ended Feb. 13, as losses in the United States futures and strength in the Canadian dollar weighed on values.
China to develop gene-editing tools, new crop varieties in biotech initiative
China issued guidelines on Friday to promote biotech cultivation, focusing on gene-editing tools and developing new wheat, corn, and soybean varieties, as part of efforts to ensure food security and boost agriculture technology.
Western Australia’s wheat harvest exceeds forecast by 1.6 million tons, GIWA says
The 2024 grain growing season ended with the third-largest tonnage on record
The Grain Industry Association of Western Australia (GIWA) said on Friday that the state's recent harvest yielded approximately 1.6 million metric tons more wheat than its December forecast.
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