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New Crop Missions Promote High Quality Crop, Problems Persist With Italy

 
Canada's new crop missions have wrapped up for another year.
 
Cereals Canada President Cam Dahl says they visited 18 countries this year, touring parts of Asia, Latin America, North America, Europe, The Middle East and Africa.
 
He adds they didn't have any trouble promoting this year's crop.
 
"It makes it a lot easier to talk to customers about the quality of the crop when it is in fact that good," commented Dahl. "Contrast that to last year, of course, when we had the fusarium issues. We had 95 per cent of the CWRS as number one or number two, over 90 per cent of the durum is number one and number two."
 
Dahl notes the news coming out of Italy wasn't great, as that country has yet to import any of Canada's 2017 wheat crop. He said this is due to issues surrounding country of origin labelling and an Italian public relations campaign negatively targeting Canadian durum.
 
Source : Steinbachonline

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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.