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KAP Holds Spring Advisory Council Meeting, 15 Resolutions Passed

Keystone Agricultural Producers (KAP) held its Spring Advisory Council meeting Thursday.
 
President Bill Campbell highlighted some recent success stories.
 
"We have continuously called for improvements to AgriStability and we know that removing the reference margin limit is welcome news to many producers. This change will simplify the program and effectively lower the payment trigger to lower cost operations. While this is not a comprehensive solution, it is a bridge as we continue to call for improvements to the next Canadian ag partner framework."
 
Campbell highlighted another positive.
 
"There is a provincial government's decision to begin to phase out the education property tax. We have advocated for the complete removal of education taxes from all property including agricultural lands and production buildings. Farmers pay a disproportionate amount of education property taxes and until the tax is completely removed they will continue to pay more than their fair share."
 
The meeting also included a presentation from Manitoba Hydro and another one focusing on mental health.
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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.