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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).



Mature standing canola is ready for harvest in west-central Manitoba in late September.

Tariff fears trigger Chinese buying

With this spectre looming over Canadian canola, Chinese buyers are front loading their purchases

Reading Time: 2 minutes With tariff threats looming over Canadian canola, Chinese buyers are front loading their purchases.