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Strong Sales at Agribition

There were some very stong sales at last week's Canadian Western Agribition in Regina.
 
Stephen Scott from the Canadian Hereford Association says there was a lot of interest in herefords over the last five years.
 
"Guys are looking for very specific things for each program and I think when they find a sire up and coming, it comes from a good pedigree, from a farm that is a reputable breeder that can really produce and perform, people jump on that opportunity," he said.
 
Scott adds Herefords have a balance of genetic characteristics that make it an attractive breed for producers.
 
"I think people are looking for something consistent, something that has been around for awhile and they know can perform," he said.
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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.