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2020: Record Year For Agricultural Exports In Saskatchewan

Saskatchewan produced $16.9 billion in agricultural exports last year, a 31 per cent increase over 2019 and a new high for the province.
 
Canola seed, non-durum wheat, lentils, canola oil and durum wheat remain Saskatchewans leading agriculture exports with our top international markets
being the United States, China, Japan and India.
 
Saskatchewan agri-food export destinations in 2020 were listed as the United States, China, Japan, India and Mexico.
 
Agriculture Minister David Marit says Saskatchewan producers grow safe, high-quality food that the world needs and our agriculture exporters remain committed to providing the world with these products.
 
Increases in primary production as well as a growing value-added sector have contributed to the record agri-food export growth in Saskatchewan.
 
In 2020, the Province's value-added exports totalled $3.2 billion and included canola oil, canola meal and processed oats.
 
The Province is currently working on opening new trade offices in Singapore, Japan and India in 2021 aas a means of increasing export diversification.
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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.