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Bean Report

Soybeans in Manitoba are progressing quickly.

Laura Schmidt is a Production Specialist with Manitoba Pulse and Soybean Growers.

"Soybeans range from V1 to V3 and will be starting to flower soon with the change in day length. IDC symptoms have started to show up in some fields, but many fields do remain symptom free. Field peas range from 6 to 12 true leaf nodes, with some at R1 or flower bud, with a few open blooms scattered throughout the field."

She says dry beans range from V1 to V3.

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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.