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Crop quality varies widely: Manitoba Crop Report

Manitoba Agriculture says crop quality varies widely, with southern areas of the province in better condition than areas further north, all dependent on rainfall accumulation and speed of drainage.

Fungicide application is slowing across Manitoba, as crops grow past the appropriate timing windows.

Producers have done much more fungicide application in 2022 than in recent years.

A few insect concerns have popped up in localized spots across Manitoba, with bertha armyworm spraying reported in the Eastern region.

Soybean and pea aphids have been found in those crops, with pea aphid insecticide spraying often occurring with the fungicide pass. Soybean aphids have showed up in localized spots, and remain below thresholds but should be monitored closely.

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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.