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2020 CANADIAN ORGANIC STANDARDS PASS FINAL VOTE

The Organic Federation of Canada (OFC) has announced that the final vote of the Technical Committee on Organic Agriculture on the proposed amendments to the Canadian Organic Standards has been returned, and all members of the Technical Committee unanimously voted yes!
 
In their latest update, the Organic Federation of Canada (OFC) shared:
 
“The draft submitted to the vote will be referenced by the Safe Food for Canadians Regulations when it is published by the Canadian General Standards Board this fall….
 
“After the publication of the 2020 Standards, operators will have one year to adjust their practices to comply with the revised requirements….
 
“The OFC is pleased with the unanimous vote of the voting members; the 706 comments received during the public review conducted in the summer of 2019 helped to resolve many ambiguities and build consensus on the most contentious issues. The OFC has published numerous articles on the controversial issues that have fueled the working groups’ discussions; some of these issues will likely return in the 2025 round of review work.”
 
This final vote marks the culmination of two years of work by members of the Technical Committee and working groups, who analyzed change requests and hundreds of public comments, as well as recommending best ecological practices in Canadian organic production.
Source : Organic Council of Ontario

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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.