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Manitoba Crop Report

Manitoba Agriculture and Resource Development says total seeding progress is sitting at about 42 per cent complete, compared to the three-year average of 55 per cent.
 
Seed germination and emergence has been slow, though expected to improve rapidly with warmer conditions.
 
Many farmers are unable to seed corner-corner, as frequent wet spots prevent machinery access. Delays and stuck equipment are common.
 
Producers are considering switching out of longer-season corn crops in favour of shorter season cereals if corn is not planted by the end of this week.
 
Farmers are managing soil surface moisture with vertical tillage, multi-pass harrowing, or residue burning.
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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.