Funds hold steady in canola

The net managed money short position in ICE Futures canola came in Oct. 1 at 63,785 contracts, a decline of only about 250 contracts from the previous week. Open interest in the canola market rose by about 1,500 contracts, to 207,603 during the week. At the Chicago Board of Trade the managed money net short position in soybeans was down by roughly 33,000 contracts, to 10,817 contracts as of Oct. 1, as investors covered short positions and put on some new longs. Speculators were also buying back short positions in corn during the week, with the net managed money short ...