MASC Expects Lower Claims This Year

Farmers have until November 30th to fill out their Harvested Production Reports for annual crops.

 

David Koroscil is Manager of Claims Services with Manitoba Agricultural Services Corporation (MASC).

 

"Early indications are it was a pretty good year overall," he said. "I won't say bumper crop by any means, but well above coverage for most producers. It looks like our claim load will be less than it has been in the last three or four years. Still some issues though. Canola, soybeans seeing some pockets where the yields were reduced and again I think it just related to whether or not those specific areas missed out on some timely rains at key points in the growing season."

 

Koroscil notes hail claims were also down this year.

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.