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What We have been Working on for You: OFVGA Activities Update January 2020

Marie-Claude Bibeau was reappointed as Minister of Agriculture and Agri-Food when Prime Minister Justin Trudeau announced his new cabinet last month and the ministers received their mandate letters before the holidays. OFVGA will be participating in the federal lobbying event being hosted by Canadian Horticultural Council (CHC) and Canadian Produce Marketing Association in February to ensure the interests of Ontario growers are represented. OFVGA will also be in Ottawa in mid-March to attend the Canadian Horticultural Council annual general meeting.
 
Latest status: OFVGA has written to the Minister and her parliamentary secretary Neil Ellis, as well as the Prime Minister, Leader of the Opposition and the opposition critics of federal ministries relevant to edible horticulture. Next steps include making contact with Ontario Members of Parliament to make them aware of our sector’s key priorities: financial protection for growers, crop protection and labour. 
Source : OFVGA

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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.