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Alberta Farmers Face Challenge Of Salvaging Last Year's Soggy Crops Before Spring Seeding

 
The chances for a good crop this year in parts of Alberta could be jeopardized by the fact that more than 400,000 hectares of damaged crops are still sitting under the snow, unharvested last fall because of winter's early arrival. 
 
Canola, wheat and barley lay in fields up and down Alberta, much of it covered in snow, and much of it ruined, said Warren Sekulic, a farmer and director with the Alberta Wheat Commission.
 
It's an unprecedented situation, he said.
 
Some parts of Alberta were hit with rain and hail in September at the height of the harvest, followed by a dump of heavy, wet snow in early October. 
 
"I know there's couple of guys I talked to in central Alberta that have farmed [for many years] and they've never had a fall like this," he said. "This one takes the cake."
 
Sekulic said northern, central and eastern Alberta have been hardest hit, but there are many pockets across the province where crops are still snowed in.
 
Source : CBC

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.