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Canary Seed Producers Interested In Coverage Under CGC

The Saskatchewan Canary Seed Development Commission held its AGM yesterday in Saskatoon as part of Crop Week.
 
Producers in attendance voted in favor of taking steps to have the crop covered by the Canadian Grain Commission's bonding program.
 
Chief Commissioner Patti Miller says there’s no fixed timeline for regulations.
 
“I would say, on average, it's taken us a year to get some regulations changed but things can be done quicker, or depending on the degree of consensus or not, it can sometimes take longer."
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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.