Soybean Harvest Continues

Will farmers have enough time to finish this year's soybean harvest?

 

We posed that question to Daryl Domitruk with Manitoba Pulse and Soybean Growers.

 

"I think we're looking for most of the soybeans to come off," he said. "There will be parts of the field, lower lying parts, that may not be accessible by the equipment. But by in large, especially if things firm up due to the surface of the ground being frozen, I think it's very possible that we could have the vast majority of crops come off. We're certainly hoping so because as you move west in the province with the harvest, we're seeing yields that are quite reasonable."

 

Domitruk says the colder temperatures are helping farmers gain access to the fields.

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.