Crude oil futures are up by 0.6 per cent in the overnight session with nearby futures trading at US$66.88 per barrel. The Canadian dollar is trading unchanged today at 73.16 U.S. cents per bushel. Crude oil is moving higher on concerns about the potential for a U.S. attack on Iran. Wheat markets are broadly […] Read more
AM Market Reports
Overnight Trade
Soybean exports still lag
USDA export sales for the week ending on were modest for wheat, exceptional for corn and strong for soybeans. Wheat sales for the seven days ending on February 12, 2026 were only 288,000 tonnes as the large crops in South America take a bite out of demand. Exports during the week were also lower at 322,600 […] Read more
AM Market Report – February 19, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE After rallying higher on Wednesday, ICE canola futures are pulling back $1 to $2/tonne to start this morning. Chicago soybean futures are narrowly mixed…up fractionally to a penny on the nearby contracts, but down fractionally to a penny on the deferreds. CBOT corn futures are […] Read more
Prairie Weather
Radar this morning indicates that there are bands of light to moderate precipitation across southern Manitoba as the latest clipper system moves southeastward into Ontario and the northern U.S. states. This system has brought significant amounts of snowfall (15 to 30 cm) to eastern Saskatchewan and western Manitoba. After the system clears out today, a high […] Read more
AM Market Report – February 18, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Grain markets are trending firmer this morning. Futures at mid-week are seeing renewed buying interest amid improved trader/investor risk appetite in the general marketplace this week. Gains this morning mean market bulls are keeping price uptrends alive on daily bar charts, which should invite better […] Read more
AM Market Report – February 12, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Grain markets are generally trending futures firmer this morning. ICE canola futures are posting early gains of $1 to $2/tonne. Chicago soybeans are rallying 2 to 11 cents/bu higher, led by the front month contracts (nine-week highs). The US soy complex is rising on reports […] Read more
Prairie Weather
Radar is clear this morning across Western Canada as a high pressure ridge dominates the region. Precipitation over the next five days is expected to be light with amounts mostly less than 2 mm of water equivalent precipitation. A band of heavier precipitation (5 mm) is expected close to the U.S. border in southeastern Saskatchewan and […] Read more
AM Market Report – February 11, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures starting $1 to $3/tonne lower so far this morning, led down by the nearby contracts. Chicago soybean futures are narrowly mixed this morning…but leaning 1 to 2 cents/bu lower on the nearby contracts. Tuesday’s USDA data offered no changes for the US […] Read more
AM Market Report – February 10, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading around $2/tonne lower to start this morning as grain markets generally adopt a cautious tone ahead of the 11 am CT release of updated USDA monthly supply/demand projections. But traders and analysts generally are not expecting notable revisions to USDA […] Read more
AM Market Report – February 9, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are gaining $3 to $5/tonne to start this morning…supported by a turn higher in vegoil markets…notably CBOT soyoil. Chicago soybean futures are pushing 1 to 4 cents/bu lower this morning…conflicted by rising soyoil and weakening soymeal. CBOT corn futures are leaning a […] Read more
