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Cereals Canada Seeks WTO Dispute Resolution With Italy

Cereals Canada is renewing its call for the Canadian government to seek World Trade Organization (WTO) involvement against Country of Origin Labelling (COOL) in Italy.
 
This after the government asked for WTO dispute resolution against China for their restrictions on Canadian canola exports.
 
The durum value chain has been calling for WTO action to resolve Italian mCOOL for the past two years.
 
“Italy was once the largest market for Canadian durum, the wheat used to make pasta," said Cereals Canada President Cam Dahl. "Since mCOOL has been brought in Canadian farmers have lost sixty percent of this market. We urge the Government of Canada to stand up against and use all available tools to challenge the Italian regulations that effectively discriminate against Canadian products.”
 
Dahl added that the loss of the Italian durum market happened after the agricultural provisions of the Comprehensive Economic Trade Agreement with Europe came into effect.
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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.