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.

Funds put on new bullish bets, cover shorts
Feed wheat, U.S. corn too expensive
First net long since 2023
Tightening stocks supportive
Trump talks bring pressure to crop prices
Less supply by end of marketing year
Net short smallest since 2023
StatCan issues stock report