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Seeding To Ramp Up This Week

Manitoba Agriculture & Resource Development has released its first Crop Report of the season.

Cool soils have slowed the start to seeding throughout the middle of April. Most farms are planning on starting seeding this week.

Provincial seeding progress sits at 2% complete which is on par with the four-year average for this time of year.

Conserving existing soil moisture remains top of mind for many farmers.

Many farms are using limited disturbance openers for fertilizer and seeding, where possible.

Eastern Manitoba has adequate seedbed moisture conditions for now, and more broadcast and harrow incorporation of fertilizer is taking place.

Winter cereal survival seems good, across most regions, however regrowth is limited due to cool soil conditions and lack of available moisture.

Fall rye has overwintered better than winter wheat.

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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.