(File photo by Dave Bedard)

Funds remain short canola and soybeans

MarketsFarm — Fund traders continue to hold onto a large net short position in the canola market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position came in Tuesday at 57,512,an increase of roughly 5,000 contracts from the previous week. Open […] Read more

In the foothills south of Calgary, July 14, 2019.

Feed Watch: July 15, 2019

As the summer wears on, the precipitation situation varies greatly across the Prairies. Rain has been plentiful in some areas, but other regions are looking at hay yields well below average. Parts of Manitoba are also losing hope for a decent second cut. Alberta The next Alberta crop report won’t be released until July 19. […] Read more





A chickpea crop in India. (Nikhil Patil/iStock/Getty Images)

Pulse weekly outlook: Weather threatens India’s crops

MarketsFarm — India is experiencing abnormal rain and weather patterns that have resulted in almost half of the country receiving drastically less rain than usual. In total, the entire country is experiencing about 12 per cent less precipitation than is normally expected. Particularly, provinces in India’s key pulse-growing region are experiencing significant droughts during a […] Read more



(ILTAGrain.com via YouTube)

Grain Commission suspends ILTA Grain’s licenses

Farmers owed money for grain delivered to ILTA Grain Inc. should call the Canadian Grain Commission (CGC). The CGC on Thursday suspended the Surrey, B.C.-based company’s grain dealer’s license and its primary grain elevator licenses for elevators at Belle Plaine and Saskatoon, Sask., Remi Gosselin, the CGC’s manager of corporate information services, said in an […] Read more



(CNS Canada file photo by Jade Markus)

Churchill shipping resumes but grain still on back burner

MarketsFarm — The first cargo ship in two years left the northern Manitoba port of Churchill on Wednesday, moving supplies to communities in Nunavut. Rehabilitation efforts at North America’s only deep-water Arctic port are still underway, but there are expectations business through the facility will eventually include grain as well. OmniTrax, the previous owner of […] Read more

CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

CBOT weekly outlook: World wheat output seen lower than expected

MarketsFarm — Parts of the U.S. Department of Agriculture’s latest world agriculture supply and demand estimates (WASDE) have “caught the trade off guard,” according to one trader. In its report, released Thursday, USDA significantly cut production volumes in Canada, Australia, Russia and Ukraine. In total, global wheat production was down 9.4 million tonnes, and stocks […] Read more