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Soybeans changing rapidly: Bean Report

Crops are taking advantage of the recent heat and moisture.

Jennifer McCombe-Theroux is a production specialist with Manitoba Pulse and Soybean Growers.

"Soybeans have been changing rapidly and range from R1, the beginning bloom stage to R3, early pod. Now is an ideal time to check nodulation to ensure your inoculation strategy was successful. We are seeing some signs of bacterial blight in fields that have had hail or strong storms. At low severity level, this isn't typically a yield limiting disease. As well, low instances of aphids in the central region. As you're out checking nodulation, this is also a good time to check the newest growth for signs of aphids."

She notes field peas range from V11 to R3, the flat pod stage.

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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.