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Manitoba Calf Prices Finish Year Strong

Prices of fed cattle and cull cows has been strong, according to Brian Perillat, Manager and Senior Analyst with Canfax.
 
"Fed cattle continue to be grinding a little bit higher," he said. "They've been on the rise, for the last couple of months....There's a lot of feedlots saying there's a little bit of profit in these cattle, which they haven't really seen much of in 2019."
 
Perillat says Manitoba calf prices had a relatively strong finish to the year, being some of the strongest in Canada.
 
He notes they'll be keeping an eye on the Canadian dollar, which recently broke out over 77 cents, the highest since 2018.
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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.