Change In Weather Slows Fall Field Work

Most crops are off the field here in Manitoba.

 

Dane Froese is an Industry Development Specialist with Manitoba Agriculture.

 

"We've had excellent progress to the end of the harvest year in the Central Region. Right now, a little bit of corn and sunflowers still out in the field but those are wrapping up very quickly and we're nearly done harvest at this time. In the Red River Valley, there was certainly some producers that are trying to beat some of the snow, some made it, some didn't, but some tillage was still ongoing as the snow was coming down. Working in a little extra moisture."

 

Total harvest progress in Manitoba sits at 98 per cent complete. That's about two weeks ahead of normal.

 

Grain corn is at 76 per cent complete, while sunflowers are 81 per cent done.

 

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.