Fund traders were busy liquidating long positions and putting on new bearish bets in canola as tariff uncertainty from both China and the United States weighed on the futures in early March.

Speculators bail out of canola long positions
Tariff uncertainty tied to liquidation

Canadian spring wheat bids strengthen
Rising futures, weak loonie provide support
Hard red spring wheat bids in Western Canada moved higher during the week ended March 13, as gains in United States futures and weakness in the Canadian dollar countered the bearish influence of the trade uncertainty overhanging the markets.

U.S. wheat sees most notable changes in March S/D report
No change was the central theme to the March supply and demand report from the United States Department of Agriculture issued on March 11. In most categories of the World Agricultural Supply and Demand Estimates (WASDE), the USDA kept the same data as in its February report.

Prairie Wheat Weekly: Prices either side of steady
Trump tariffs pressuring U.S. wheat prices
Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended March 6. Declines in the United States wheat complex weighed on Prairie cash prices, as did a stronger Canadian dollar.

Feed Grains Weekly: Prices feeling the tariff pressure
This is a bit of an overreaction says broker
Even before tariffs were imposed by United States President Donald Trump on March 4, the levies were having an impact on Western Canadian feed grain prices, said Jay Janzen of CorNine Commodities in Lacombe, Alta.

CBOT Weekly: Tariffs sow uncertainty in markets
U.S. levies create unpredictability in crop prices
Tariffs imposed by United States President Donald Trump have wreaked havoc on the Chicago Board of Trade according to Chicago-based agricultural strategist Terry Reilly.

Prairie Wheat Weekly: Spring wheat bids tumble
Tariff threats, wheat futures pressure bids
Tariff threats from United States President Donald Trump and declining U.S. wheat futures have pressured Western Canadian wheat bids during the week ended Feb. 27, 2025.

Feed Grain Weekly: Tariffs could hurt feedlots, grain farmers
Cattle feed industry in Western Canada under threat
Upcoming tariffs by United States President Donald Trump could greatly affect feedlots and grain farmers in Western Canada according to Market Place Commodities president Jim Beusekom.

CBOT Weekly: Tariffs front and centre at CBOT
Trump’s threats pressure crop markets
Tariff threats from United States President Donald Trump caused a downturn at the Chicago Board of Trade during the week ended Feb. 26, 2025.

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.