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XL Foods Beef Plant Approved to Partially Reopen

Canadian Food Inspection Agency Allows Brooks Plant to Partially Reopen

By , Farms.com

The Canadian Food Inspection Agency (CFIA) has granted XL Foods Inc. plant to reopen the beef processing plant. The plant will only resume with partial operations and CFIA has laid out strict conditions as to which the company is allowed to operate. The CFIA has said that all corrective measures have been fixed such as cleaning and sanitization, drainage issues and freezer problems have all been addressed. The company is only allowed to process beef carcasses that are already in the plant and have tested negative for E. coli contamination. With this announcement also came an expanded beef recall for two products - one sold in New Brunswick and the other in Quebec – Janet’s Jerky’s and corned beef. There have been no reported illnesses associated to the most recent product recalls.


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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.