2020 Marks Beginning Of 'Peak Decade'

With the World Economic Forum taking place this week in Davos, Switzerland, one of the topics discussed was the idea of the 'Peak Decade'.

 

Neil Townsend with FarmLink Marketing Solutions discussed the issue this week at Manitoba Ag Days in Brandon.

 

"In 2020 to 2029, we're going to reach the most ever of a lot of things," he said. "One of the big things is the most cars ever, and then from now on less and less cars are going to be driving. The one that really captured my attention is the fact that this is the first time where there's more people in world above 65 than below 18. Population is still growing, but we're reaching the point where it's going to peak and moreover the distribution of that population is going to be increasingly older and not younger and that has big implications in terms of how much people eat, how much people consume."

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.