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Warm Days,Cool Nights Helping Farmers

 
G3 Weather and Crop Specialist Bruce Burnett says the mild conditions we're experiencing should continue for at least the next few days.
 
He notes it's expected to cool down this week, but temperatures will still be above normal.
 
It's exactly the type of weather farmers are looking for.
 
“There is flooding concerns because the snowpack is quite heavy," commented Burnett. "These conditions however are also ideal because what we're seeing is a lot of warmth in the day, but freezing fairly substantially in the evening. So that's reducing the snowpack but it's not causing a quick melt by any means.”
 
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.