Speculative fund traders have added to their recently established net long position in canola, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday, Feb. 27.
Speculative net long position grows in canola
Net long position hits new record in canola futures
Funds put on new bullish bets, cover shorts
Heavy amounts of fund buying coupled with speculators covering short positions saw the net long position in canola futures hit a new record during the week ended Feb. 18.
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).
Cyber-Savvy Farmer
