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Canadian Foodgrain's Bank Has Slow Harvest

The Canadian Foodgrain’s Bank is a partnership of 15 Canadian churches and agencies that work together to end global hunger.
 
Saskatchewan’s participation and donations play a key role in the group’s mandate.
 
Rick Block, the Saskatchewan Coordinator, says Community Growing Projects play a major role, since the money raised from the sale of the crop is donated to the group.
 
“We really are in all of the areas of the agricultural part of the province. There’s 32 project sites this year and close to 3500 acres that are committed to the Foodgrain’s Bank this year. Some of them have been harvested and many of them are still out in the field which is fairly indicative of where most farmers are at 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.