Government of Canada helps Quebec specialty-cheese producer modernize

Saint-Benoît-du-Lac, Quebec – The dairy sector plays a vital role in Canada's economy, contributing $20.9 billion through sales by farmers and food processors, including over $7 billion in Quebec. The Government of Canada knows the importance of supporting a strong and competitive dairy sector, to ensure Canadian families continue to benefit from high-quality products while creating well-paying jobs.

 

Minister of International Development and Member for Parliament of Compton—Stanstead Marie-Claude Bibeau, along with the Parliamentary Secretary to the Minister of Agriculture and Agri-Food and Member of Parliament for La Prairie Jean-Claude Poissant, on behalf of Agriculture and Agri-Food Minister Lawrence MacAulay, today announced an investment of over $1.6 million under the Dairy Processing Investment Fund to La Corporation des Moines Bénédictins (Fromagerie de Saint-Benoît-du-Lac).

 

This project enabled the award-winning Fromagerie de Saint-Benoît-du-Lac to purchase and install modern automation equipment in its new plant, leading to lower operation costs, increased production, higher demand of milk and job creation.

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.