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Governments Extend 2019 AgriStability Enrollment Deadline

Ottawa, Ontario – Agriculture and Agri-Food Canada - Farmers form the backbone of rural communities across Canada. They are integral to expanding our middle-class and strengthening our economy. Federal-provincial-territorial (FPT) governments remain committed to growing Canada’s agricultural sector by ensuring all farmers have the tools they need to manage significant risks that threaten the viability of their farms.  
 
The Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food, today announced a two-month extension to the AgriStability enrollment deadline for the 2019 program year without penalty, from April 30th to July 2nd, 2019, allowing farmers more time to sign up and benefit from the program.  This exceptional step agreed to by FPT governments will enable the program to help more farmers manage the impact of current market disruptions and production challenges facing many farm operations.
Source : Government of Canada

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

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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.