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Stocks of Principle Field Crops Report Released

The latest Stocks of Principle Field Crops Report was released on Friday.The Stats Can Report shows total wheat stocks dropped to 13.8 million tonnes, Canola dropped 10% nationally to 7.5 million tonnes.
 
Bruce Burnett is G3 Canada’s Weather and Crop Specialist:
 
"Durum stocks were also down from last year, which isn't a big surprise and Canola stocks down from last year but a little bit above what the trade was expecting," he said.
 
Burnett says total stocks of corn for grain, barley and oats all showed an increase year over year.
 
Source : Discoverestevan

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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.