GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are rebounding $4/tonne higher this morning, recovering a good portion of Monday s declines on reports China may have already purchased as many as 10 cargoes of Canadian canola in the past week. Strength in the CBOT soy complex and energy markets […] Read more
AM Market Reports
AM Market Report – January 27, 2026
AM Market Report – January 26, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE A mixed tone to overnight price action across grain and oilseed markets. Friday s rallies and technically bullish weekly high closes in most of the grains could offer early chart clues that ag markets have put in near-term bottoms. But market bulls seem hesitant this […] Read more
AM Market Report – January 22, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are starting $2/tonne weaker this morning…giving back a portion of yesterday s strong advances…but still trending generally higher in January so far. Chicago soybean futures are trending 3 to 5 cents/bu higher this morning. The soybean market posted strong gains yesterday, driven […] Read more
Prairie Weather
Radar is clear across Western Canada with the exception of the Peace River region which is reporting light snowfall. The high pressure ridge over the Prairies will keep the region mostly dry over the next week. The system in the Peace will quickly move southward today into southern Alberta. There will be a band of light […] Read more
AM Market Report – January 21, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Grain markets are generally firmer coming into this morning. Short-covering was featured in the grain futures markets overnight. ICE canola futures are posting early gains of $3 to $4/tonne. Chicago soybeans are bouncing nicely this morning…up 6 to 11 cents/bu, led by the nearby contracts. […] Read more
AM Market Report – January 20, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are rallying $4 to $5/tonne higher to start this morning, despite a more hesitant tone of re-opening US grain markets. Canola seems to be deriving ongoing support from Friday s announced Canada-China trade agreement. Chicago soybean futures are starting the morning a […] Read more
AM Market Report – January 19, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading near steady to almost $2/tonne higher this morning, with upward momentum fading from the overnight highs posted a few hours ago. But canola futures continue to trend higher in January after bouncing of their late December lows…helped along by Friday […] Read more
Prairie Weather
There is little in the way of precipitation showing on radar this morning as the high pressure system builds into the central Prairies. This ridge will result in minimal precipitation for the Prairies over the next five days. The next system will push across the northern Prairies beginning tomorrow which will bring light precipitation to […] Read more
AM Market Report – January 15, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are rallying an impressive $6 to $11/tonne higher to start this morning…largely on Canada-China trade talk hopes. Some measure of short covering was also featured across Canadian and US grain futures markets overnight. Chicago soybean futures are just steady to maybe a […] Read more
Prairie Weather
The first clipper system of three is pushing through the Prairies with most of central Saskatchewan receiving a rain/snow mix. The clipper system will bring light to moderate rain/snow to the southern Prairies today. Mostly dry conditions are expected to push The next clipper system is expected to arrive on Sunday and is expected to […] Read more
