Photo: Greg Berg

Canola net short position grows

The net fund short position in canola grew in mid-September, as speculative selling took the futures to contract lows, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).












The latest model-based production estimates from Statistics Canada shows downward revisions in both canola and wheat production from the August report. Photo: Thinkstock

StatCan revises canola production lower

Hot and dry weather saw crop conditions decline across much of Western Canada over the past month, with the latest model-based production estimates from Statistics Canada showing downward revisions in both canola and wheat production from the August report.