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AFSC Streamlining Services

Alberta's Agriculture Financial Services Corporation announcing some key changes this week.
 
AFSC will amalgamate five branches with neighbouring offices in an effort to streamline services.
 
The five one-employee offices affected are in High River, High Prairie, Rimbey, Smoky Lake and Spirit River, all impacted clients will be notified of the changes immediately and connected to a branch in close proximity to serve their needs.
 
CEO Darryl Kay says these are very difficult decisions.
 
"AFSC has an ongoing responsibility to evaluate its operations and determine how we can improve to deliver more value to our clients and all Albertans. We are thankful for the relationships we’ve had in those communities. These decisions will not interrupt the relationship-based service clients expect from AFSC."
 
AFSC also announcing two program changes, which will help support long term program sustainability.
 
The Spring Price Endorsement will be discontinued effective immediately, and the 20 per cent top up payment for the Wildlife Damage Compensation Program, will be eliminated.
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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.