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Open interest in the canola market was down by 14,880 contracts on the week. Photo: File
Markets

Fund short position grows in canola

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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
Feed barley outlook for 2024-25
Market talk, Markets

Feed barley outlook for 2024-25

Market Talk with Jerry Klassen

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Western Canadian barley prices have been grinding lower throughout the winter due to a lack of export demand and larger imports of U.S. corn. However, in late March, domestic prices in the non-major feeding regions of Western Canada were competitive with world values. This caused offshore movement to increase and stabilized the downward slide. It […] Read more
File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)
Crops, Markets, Reuters

EU ag commissioner pushes for extension of Ukraine grain import ban

Restrictions due to expire Friday

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Brussels/Bucharest | Reuters — The EU agriculture commissioner said on Tuesday said he believes the European Commission should extend a temporary ban on Ukraine imports into five neighouring EU states, as the measure helped boost exports outside the bloc. Ukraine has become entirely dependent on alternative European Union routes, called Solidarity Lanes, for its grain […] Read more
Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops, Markets, Reuters

Black Sea grain shipments shrink amid Ukraine deal doubts, Cargill exec says

'Grey/black' fleet seen handling more Russian traffic

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London | Reuters — South American grain exports are set to overshadow Black Sea shipments this year as doubts grow over a U.N.-backed Ukraine deal and international traders cut commercial activities in Russia, a top executive with major commodities group Cargill said. The Black Sea grain deal, which allows the safe passage of grains through […] Read more
Signage on Viterra’s office building in Regina. (Dave Bedard photo)
Crops, Reuters

Viterra in talks to merge with Bunge, source says

Merger would vault Viterra into top tier of grain trade

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Reuters — Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd., according to a person familiar with the matter, in a potential mega-deal that would reshape the top tier of global grains merchants. There is no certainty that Viterra, part-owned by Switzerland-based mining and trading giant Glencore, will be able […] Read more
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets, Reuters

EU sets Ukraine grain import restrictions in five countries until June 5

Supports pledged for farmers in those countries

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Brussels | Reuters — The European Commission said on Tuesday it set restrictions until June 5 on imports of Ukrainian wheat, maize, rapeseed and sunflower seed to ease the excess supply of these grains in Bulgaria, Hungary, Poland, Romania and Slovakia. The EU executive arm said that during that period, Ukrainian wheat, maize, rapeseed and […] Read more
Canola industry ready to move forward
Canola, General

Canola industry ready to move forward

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The Canola Council of Canada celebrated a return to normalcy at its annual meeting at the Canadian Crops Convention in Ottawa. “Our theme this year is ‘from adversity to opportunity’ and I think that’s very fitting,” said Jim Everson, the group’s president. Production has rebounded following the drought of 2021, meaning there’s opportunity to develop […] Read more

Canadian Cattlemen Presents: Depth of Field

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