Markets
Nitrogen fertilizer markets will remain tight in 2026 but one analyst thinks urea prices will peak in Feb/Mar and then subside a bit.
Markets
Urea market expected to remain tight in 2026
The good news for farmers around the world is that the worst is probably over with prices likely subsiding in March
Minor tweaks in AAFC supply and demand report
There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
ICE canola weekly outlook: Rallying soyoil supportive
ICE Futures canola contracts were underpinned by a rally in Chicago soyoil during the week ended Feb. 18, but the Canadian oilseed ran into upside chart resistance that tempered gains.
U.S. grains: Soybeans steady, grains higher
SOYBEAN futures at the Chicago Board of Trade were narrowly mixed at the Wednesday’s close, holding near three-month highs. WHEAT futures corrected higher amid ideas recent losses were overdone. CORN futures were up in sympathy with wheat, with positioning ahead of the U.S. Department of Agriculture’s Ag Outlook Forum a feature.
CBOT Weekly: Choppy futures looking for direction
Choppy futures on the Chicago Board of Trade were looking for direction during the week ended Feb. 18, 2026.
India expected to increase its lentil import duty
The government is thought to be considering hiking the existing 10 per cent duty to 30 per cent as of April 1
AgPulse Analytica expects India to hike its lentil duty to 30 per cent as of April 1.
Prairie Wheat Weekly: Cash prices mostly higher
Western Canadian cash prices for spring wheat were mostly higher and those for durum were a pinch lower for the week ended Feb. 17. A firmer tone United States wheat complex offered support, as did the Canadian dollar which lost six-tenths of a cent on the week.
As U.S. agriculture flails, farmers see big corn acres as best bet to break even
U.S. farmers are expected to only cut back slightly on corn acres as it nears break-even prices and seems less politically risky than soybeans.
Pulse Weekly: Lentil prices currently lacking direction
There’s little at the present time to guide cash prices for lentils on the Canadian Prairies, said Marcos Mosnaim of Prairie IX in Toronto.
New Agricultural Supply and Demand Estimates report makes only incremental changes
The February WASDE report followed the expected script with only minor changes to the U.S. Supply and Demand (S&D) tables.
