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Corn Crop On Par For Mid-June

The Manitoba Corn Growers Association is providing an update on this year's corn crop.
 
Agronomist Morgan Cott says the crop is on par for this time of year.
 
"Generally it's looking pretty good, I'm fairly happy with the crop. A little stagy, I think is probably the worst thing that's happening, just because of the dry, wet difficult soil bed conditions. I think that that's probably the worst of it."
 
Cott says some farmers have been spraying for cutworms.
 
She notes the soil has good moisture, adding some regions could use a little more.
 
There have been some instances of rapid grown syndrome.
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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.