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Another Cargill Plant in Calgary Dealing With COVID-19 Outbreak

The union that represents workers at the Cargill processing plant in northeast Calgary is hopeful a handful of positive COVID cases there won't mean the plant will have to shut down.
 
Unlike the outbreak south of the city in High River earlier this year, the union isn't asking for the plant to close, saying the company learned some valuable lessons from the outbreak in April. That's when dozens of workers became infected and at least 2 died. The High River plant shut down for two weeks and later, the province admitted it could have done a better job containing the spread.
 
In Calgary, just five of the roughly 400 workers are affected. The last confirmed case at the plant, according to the company was back on August 10th. AHS and Occupational Health and Safety have visited the plant and are testing the employees according to Alberta's Chief Medical Officer of Health Dr. Deena Hinshaw.  
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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.