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Cargill Set To Re-open On Monday

Cargill is looking at re-opening its meat packing plant in High River on Monday.
 
Jon Nash, Cargill’s North America Protein Lead says in partnership with health, regulatory officials and after taking actions suggested by the local union, we have made the decision to reopen our facility in High River, following a 14-day idle.
 
The company says all employees who are eligible to return to work in the harvest department are asked to report to work.
 
The reopening will see the processing facility running a single shift daily following a two-week temporary shutdown.
 
The company has been working with Alberta Health Services on a number of safety measures to help prevent the further spread of COVID 19.
 
Cargill has been connected with one of the largest COVID-19 outbreaks with more than 800 of its 2000 employees being infected.
 
In a statement the company says it has put in place a number of safety protocols from transportation to reassigning lockers, adding additional barriers, and increasing sanitation methods.                                                                     
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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.