The official launch of the funding campaign to establish the Global Agriculture Technology Exchange (GATE) has been postponed, with Cereals’ Canada’s June 27 board meeting expected to clarify which members are staying and which might leave. Photo: Screencap via gate-canada.ca

Membership crisis rocks Cereals Canada

Official launch of campaign to establish the Global Agriculture Technology Exchange has been postponed

One medium-sized grain company has definitively decided to leave the organization, a large one has triggered a two-year option to depart if it chooses and other grain companies may have also triggered two-year potential-departure options, sources say.







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Bearish bets rise in canola futures

Bearish bets in the ICE Futures canola market hit their highest level in three months in mid-June, as speculative fund traders added to their large net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).