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Canadian Produce Marketing Association Urges Federal Government to Ratify New NAFTA

The Canadian Produce Marketing Association is urging the federal government to quickly ratify the new NAFTA.
 
The plea comes after the new deal was passed by the US Senate on Thursday. It's already been approved by Mexico.
 
The association says that since the first NAFTA came online in 1994, Canadian fresh fruit and vegetable exports to Mexico and the US increased by nearly 400 per cent. It says this growth is indicative of the importance of tariff-free trade and the integration of the Canadian marketplace within North America.
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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.