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Harvest Expected To Start This Week

The owner of Prairie Sky Crop Solutions in Niverville says the harvest could get underway late this week. Reg Friesen says some crops are just about ready.
 
"The winter wheat is probably going to be harvested, my guess is, late this week. There is also some early barley out there. Spring wheat, in general. is probably going to be another week or two yet for some of the early stuff."
 
Friesen says crops have benefited a lot from the early July rains, although he notes some parts of the region got excessive amounts that led to a lot of water damage. These include the Aubigny and St. Malo areas. But, generally, Friesen says crops are looking much better than they did at the start of the month. He hopes the rain came in time to help the grain fill out.
 
"I hope so. You never really know until the combine gets in there. Last year, we were lacking rain also, the cereals were quite short, the canola was looking thin and quite short, and it actually turned out that it was one of our best harvests. So you never really know until the combine gets in there, but I'm hoping it came in time. I think it did."
 
Friesen says one major challenge this year has been insects.
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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.