Government Invests in Canada’s First National Bioeconomy Strategy to Help Grow a Clean Economy

Ottawa, Ontario - Agriculture and Agri-Food Canada - Marie-Claude Bibeau, Minister of Agriculture and Agri-Food, announced today an investment of up to $200,000 to Bioindustrial Innovation Canada under the Canadian Agricultural Adaptation Program. This funding was used to build the first national bioeconomy strategy to help meet the goal of reducing CO2 emissions, reduce greenhouse gases and attract additional markets in the biomass and bioproduct sector.

 

The project will allow Canadian farmers with opportunities to diversify their commodities into new markets and develop new uses for crops. This new strategy will also provide a great opportunity to work with other sectors, including forestry to help meet Canada’s agriculture growth plans for a greener economy.

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.