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Canada's Ag Ministers To Meet Virtually Later This Month

Canada's agriculture ministers will meet virtually November 20th and 27th.
 
Agriculture and Agri-Food Minister Marie-Claude Bibeau commented on some of the topics that will be discussed.
 
"Obviously improving AgriStability is a top priority," she said. "We'll have a good conversation on African swine fever. I know we'll talk also about the fees that are now imposed by some big retailers. Always take this opportunity to give an update to our provincial colleagues on the federal responsibilities around international trade, for example, science and innovation."
 
The FPT meeting was postponed twice this year due to COVID-19 and the Saskatchewan election.
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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.