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Thousands march in Montreal in support of farmers, against trade concessions

MONTREAL - Half a dozen tractors rolled through the streets of downtown Montreal on Sunday as thousands of people marched in support of farmers who say they're threatened by the new U.S.-Mexico-Canada trade agreement.
 
Many in the crowd brandished signs and kitchen utensils and pushed shopping carts as they joined an hour-long march organized by Quebec's farmers' union.
 
The union, known by its French-language acronym UPA, says Canada made "unprecedented" concessions in the dairy sector during negotiations for the USMCA deal.
 
President Marcel Groleau argued that producers in Quebec have to pay higher wages and meet higher environmental standards than those in the United States and Mexico.
 
He called on the Quebec and federal governments to support local products and make sure any new imports have to meet the same standards Quebec producers are bound by.
 
"The security of a nation depends first and foremost on its ability to feed itself," he said.
 
Canadian dairy farmers stand to lose 3.59 per cent of their market to U.S. producers under the new trade deal, although the federal government has promised to compensate producers for their expected losses.
 
The marchers, many of whom were bussed in from all over Quebec, stretched over several city blocks as they wound their way through Montreal's downtown.
 
They later filled a public square in the city's entertainment district, where booths were set up to hand out Quebec food products including apples and hot chocolate.
 
Monia Grenier, a dairy producer and union representative from the Estrie region, said Sunday's event was not a protest, but an appeal for solidarity.
 
While she was disappointed with the Trudeau government's concessions on dairy, she said she understands there's likely no going back.
 
"Protesting and making noise isn't good anymore — it's about educating people the right way," she said.
 
The union has been appealing directly to consumers, urging them to reject the new imports and support local producers.
 
"What we want is for people to stand with us and buy local, buy Quebec products as much as possible," Grenier said.
 
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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.