Fund traders were back on the sell side of the canola market in early June, putting on fresh bearish bets and growing their net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC). As of June 4, 2024, the net managed money short position in […] Read more
Fund short position grows in canola
CBOT Weekly: Selling, crop conditions drive price drops
Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.
CBOT Weekly: Spring wheat poised for good conditions
Planting of the spring wheat in the United States continues to be off to an excellent start, according to Tom Lilja of Progressive Ag in Fargo. Meanwhile, the heavy rains that fell as of May 21 are very likely to lead to less corn being seeded with U.S. farmers switching to soybeans.
CBOT weekly: Traders watching out for weather concerns
United States wheat futures rose sharply during the week ended May 15, while corn and soybean futures at the Chicago Board of Trade (CBOT) were in a rangebound, up-and-down pattern.
Prairie wheat bids climb with U.S. futures
Spring wheat bids in Western Canada climbed higher during the week ended April 25, as a rally in United States futures provided support. Chart-based speculative buying was behind much of the strength in the futures, as fund traders bought back some of their large net short position. Declining crop ratings for U.S. winter wheat, the […] Read more
Attention in CBOT soybeans/corn turning to spring weather
North American weather conditions should become a major influence on the activity in the grain and oilseed markets in the upcoming weeks as farmers turn their attention to spring seeding.
CBOT Weekly: Markets react to USDA reports
Projected corn acres at the lower end of trade expectations was the most notable news after the United States Department of Agriculture (USDA) released its Prospective Plantings and Quarterly Stocks reports on March 28.
CBOT Weekly: ‘Beaten up’ prices make their way upwards
After weeks of tumbles toward new contract lows, the month of March is looking mighty so far for grains on the Chicago Board of Trade (CBOT).
Producers sought for wheat, barley trials
Reading Time: < 1 minute For the past four growing seasons, Alberta Grains’ Plot2Farm has collected data from on-farm research trials that test specific agronomic questions. In 2023, there was research at eight sites on increased wheat seeding rates, increased N on barley, plant growth regulators on wheat, wheat variety trials and enhanced-efficiency fertilizers. Alberta Grains is seeking producers interested […] Read more
Feds, producer groups launch wheat research cluster
Government, groups pool more than $20 million in research dollars
The federal government and private and producer groups announced $20 million toward wheat research today.
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