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Central Alberta sees good crop growing conditions over past two weeks

Weather is having a noticeable impact on crop conditions across the province, according to the latest report from Alberta Agriculture and Forestry.
 
Frequent rain since July accompanied with cool temperature has increased excessive soil moisture, particularly in the North East and North West Regions.
 
Hailstorms damaged some mature crops in southern parts of the province and destroyed some field crops in other areas. Additionally, a light frost occurred in the western to central parts of the Peace Region, with the lowest recorded temperature at -1C.
 
Friday’s crop report notes there are concerns of yield and quality loss if a frost happens again, particularly for vulnerable canola fields that are still in the flowering stage across the province.
 
However, officials say forecasted warmer temperatures and sunny days will be welcomed to help crops mature and reduce excessive soil moisture into the harvest season.
 
Most areas in the Central region have had excellent growing conditions over the past two weeks and potential yields are mainly strong. Crops are filling well, according to the latest report, but are about a week to 10 days behind due to cool temperatures and lack of sunlight in July.
 
Hail damage was reported as severe for some fields. More heat is welcome to finish ripening for harvest. Excessive moisture has increased disease pressure, particularly in dry peas.
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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.