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World class grain system must be maintained

Recently there has been a public push by the Western Canadian Wheat Growers to change the Canadian varietal registration and grading system to allow American grown wheat full access into our export system. As usual, their simplistic approach ignores the economic pitfalls that Canadian farmers will face should this occur.

Canada’s grading system is unique in the world, with all of the wheat varieties that are accepted into our system assigned to a specific class that is based upon their characteristics. These characteristics include such things as protein content, and ensure uniformity within the class so that our customers are assured of a product that meets their end needs.

The Americans, however, simply accept any variety that is put forward, and it is up to customers to test each and every shipment to determine if it meets their specifications. As well, it is up to every farmer to decide if a variety meets both their own agronomic needs, and the end-use needs of potential customers.

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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.