Soybean Harvest About Two Weeks Away

Manitoba's soybean harvest is quickly approaching.

 

Cassandra Tkachuk is a production specialist with Manitoba Pulse and Soybean Growers (MPSG).

 

"Soybeans currently range from the R5 to R7 stages across Manitoba with some nearing the R8 stage," she said. "This means the more advanced soybeans are nearing maturity and are about two weeks away from harvest. Recent rains have benefited soybeans that were still at the R5 stage including those in the far northwest region, but for soybeans at the R6 or full seed stage and beyond, rain likely didn't provide any yield benefit. Although we are happy about the moisture replenishment."

 

She notes dry bean harvest is underway in some regions, while field pea harvest is nearing completion. Average yields for field pea are in the range of about 55 to 80 bushels per acre.

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.