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Pedersen Says Manitoba Will Participate In AgriRecovery

Manitoba Agriculture & Resource Development Minister Blaine Pedersen says the province will participate in the AgriRecovery program announced last month.
 
"We have signed on with the federal government on the AgriRecovery, this is the beef set-aside that Alberta and Saskatchewan have already signed up for," he said. "Manitoba producers are eligible for the 60 per cent federal contribution."
 
Pedersen says he's working with the federal government on the ability for Manitoba to come up with the money for the provincial share. A decision is expected soon.
 
On May 5, Prime Minister Justin Trudeau announced $125 million towards AgriRecovery, with $50 slated for a beef set-aside program.
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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.