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Bibeau Outlines Priorities For 2020

Canada's Agriculture Minister is hoping that next year is a better one for farmers.
 
Marie-Claude Bibeau outlined some of her top priorities heading into 2020.
 
"Regaining access to China is definitely one," she said. "Food policy is something else that I look forward to implement. There are different priorities within the food policy, like local food infrastructure, food waste, promoting Canadian products."
 
Bibeau talked more about the China/canola situation.
 
"We have started the process at the World Trade Organization (WTO) and obviously our new Ambassador Dominic Barton is working very hard from his part, and we are also doubling down on our efforts to export to other markets as well."
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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.