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Manitoba Farmers Continue To Support Canadian Foodgrains Bank

Close to 40 grow projects are underway this year in Manitoba for the Canadian Foodgrains Bank.
 
Regional Rep Gordon Janzen says overall the crops are looking good.
 
"A number of them had quite a bit of a late start in planting," he commented. "Some of that was due to the wet soils from last year. I think they're doing alright. Our biggest concern really is for the farmers and our growing projects in the areas around Rivers, Minnedosa, and Neepawa."
 
Those farmers are dealing with the impacts of heavy rains.
 
Janzen says the most common crops being grown this year are canola and soybeans.
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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.