The Good: The CFTC report for the week ending on February 27 indicated that funds added 33,145 net contracts to their long position in canola. The increase in fund buying brought their net position in the market to long 61,339 contracts (1.23 million tonnes) . The good news is that this is the second largest long […] Read more
Farm business
The Good, Bad & Ugly
AM Market Report – March 10, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures started lower in overnight trade, then seemed to be gradually clawing its way back up…But now again trading $2/tonne weaker this morning. Chicago soybean futures started lower overnight, but have in the past hour turned 2 to 3 cents/bu higher, with meal […] Read more
The Good, Bad, Ugly
The Good: Spring wheat was the only major commodity to move higher today after oil’s sudden collapse. Although the spring wheat market traded as high as US$6.69 per bushel before dropping to US$6.46 per bushel. This is still up by three cents per bushel on the day which was better than the winter wheat futures. Kansas […] Read more
Ritchie Bros. parent to buy online auction firm BigIron
RB Global, the parent of Canadian auction firm Ritchie Bros., is further expanding its reach into the online farm auction market with a deal for Nebraska-based BigIron Auction Co.
AM Market Report – March 9, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Today, fighting enters Day 10 of the US-Israeli war against Iran. Oil prices surged higher overnight to their highest since mid-2022…leaping over $100/barrel for WTI crude oil to what looked to be record one-day gain…but have now backed off their once stratospheric overnight highs. Still, […] Read more
Prairie Weather
There is some light, scattered precipitation falling in northern and southern Alberta this morning while the eastern Prairies are mostly dry. Clipper systems are lining up in BC with the forecast calling for three (count them three) systems expected to push across the southern Prairies by the weekend. The first system is expected to enter […] Read more
Moving your farm books to the cloud
Glacier FarmMedia – As far as topics go, farm bookkeeping and office administration don’t get a lot of attention. Why would they when there’s drought and drones, multi-million-dollar farm acquisitions, trade wars, tariffs and labour disruptions to focus on instead? But it’s a subject that’s creating a bottleneck, preventing some farm operations from reaching their […] Read more
The Good, Bad & Ugly
The Good: There was good news in the canola market today as the nearby contract gained C$10.50 per tonne to close at C$719.90 per tonne. The gain in canola pushes values to the highest levels since August, 2025. For reference, the highs at the beginning of the Ukraine – Russian war for nearby canola futures […] Read more
AM Market Report – March 5, 2026
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures were trading modestly weaker overnight but has turned now to small gains this morning…around $1/tonne higher. Chicago soybean futures are edging 1 to 2 cents/bu higher, supported by fresh gains in soyoil (fresh contract highs)…meal slightly weaker. CBOT corn futures are posting […] Read more
Prairie Weather
A low pressure clipper like system is pushing across central Saskatchewan and western Manitoba this morning. The storm will push through the eastern Prairies today and will exit eastern Manitoba on Friday morning. The next system is expected to push across the Prairies on the weekend as another system will bring a mix of snow […] Read more