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Canada To Help Ukraine Farmers

Federal Ag Minister Marie Claude Bibeau said among the seeds that Canada will send to the war-torn country are fast growing buckwheat. It was a request made by Ukraine, along with mobile silos to store grain that will soon be harvested.

Many of the elevators and silos in Ukraine are still plugged with grain that was harvested a year ago, but can't be exported because Russia won't allow it. Other facilities have simply been destroyed. Earlier this month, the commons ag committee heard from several Ukrainian government officials including the country's Ag Minister Mykola Solsky.

Despite the ongoing war that started in late February, many farmers in Ukraine managed to plant a crop this spring despite having many of their fields mined by Russian troops. During his weekend visit to Rwanda, Prime Minister Justin Trudeau blamed Russian president Vladimir Putin for creating a global food crisis.

Despite punishing sanctions imposed shortly after the war started, Russia's economy is proving to be resilient, in part because countries like India are continuing to do trade with Russia and purchasing many commodities at a discount.

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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.