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Harvest Concluding For Canadian Foodgrains Bank

Harvest is coming to a close for the Canadian Foodgrains Bank.

Regional Rep Gordon Janzen says they had just under 40 grow projects this year.

"There was a real variation in yield across the province and I think we've seen that across the agriculture sector," he commented. "Depending on rainfall, which was very spotty throughout the growing season, the yields varied a lot. There were some projects, that they had good yields, close to average and maybe even better but many more of them were below average and some had a poor yield."

Janzen says higher prices for many of the crops will help to offset the lower yields.

Crops grown this year included wheat, canola, soybeans, corn and sunflowers.

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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.