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Rain Stalls Harvest, But Good For Late Season Crops

The owner of Marc Hutlet seeds at Ste. Anne says the rain has come in time to help late season crops like soybeans, corn and sunflowers. Marc Hutlet says while the pods have been set in many soybean crops, this moisture will fatten up the beans.
 
"Beans will really benefit with some seed sizing which will help the overall yield. It was a great rainfall for them. In corn, it will stop the bleeding so to say. A lot of the leaves were firing off and some of the kernels were aborting on top of the cobs, so this rain is also very, very good news for corn."
 
Hutlet notes the rain could increase the size of soybean seeds by as much as 25 per cent, meaning much better yields.
 
He says while the rain is good for late season crops, it has stalled the harvest of cereal grains and canola.
 
"I know it has slowed down the harvest here for the rest of the guys, but for everyone who has those three crops (soybeans, corn and sunflowers), it was beneficial."
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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.