Chuck Penner is somewhat bullish for red lentil prices but is quite pessimistic about the green lentil outlook.
Markets
U.S. grains: Soybeans continue gains on Trump’s China comments
Chicago | Reuters – Chicago Board of Trade soybeans continued a three-day rally on Friday, fuelled by President Donald Trump’s remarks on Wednesday that China would buy more U.S. soybeans. Corn and wheat chopped up and down, though ample global supply continued to curb grain prices while traders turned their attention to a U.S. Department […] Read more
U.S. livestock: Cattle futures end week higher on tight supply
Chicago | Reuters – CME live and feeder cattle futures finished higher on Friday, on the back of a tight cattle supply and the continued closure of the U.S.-Mexico border to cattle imports. CME April live cattle LCJ26 finished 51.65 cents to end at 237.25 cents per pound, while March feeder cattle FCH26 finished 3.35 […] Read more
Pea, lentil outlooks have some positive signals – Penner
As pulse growers consider what to plant this spring, Chuck Penner of Leftfield Commodities Research said there is some optimism in the Canadian pulse market. Penner gave a presentation at the Saskatchewan Pulse Growers meeting in Swift Current on Feb. 4.
Pea prices should improve but big rally unlikely
Yellow pea prices are expected to increase this winter because of the improving export prospects in China and India
Chuck Penner is forecasting some recovery in pea prices this winter and in 2026-27, but no “screaming rally.”
Large Prairie crops lead to increased December stocks
Bumper crops in Western Canada led to larger stocks of wheat, canola, barley and oats in the country as of Dec. 31, 2025, according to the latest stocks of principal field crops data from Statistics Canada, released Feb. 6.
Export flurry boosts EU barley market to ease grain glut
European Union barley exports could reach a 10-year high this season as brisk feed demand overseas and reduced competition from the Black Sea region help the EU to shift a large harvest.
U.S. grains: Soy rally continues after Trump says China to expand purchases
Chicago | Reuters – Chicago soybeans extended gains on Thursday, a day after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce. Corn and wheat ticked up with spillover support from soybeans, though a firmer dollar and easing weather concerns capped the cereal markets. Soybeans rallied […] Read more
U.S. livestock: Cattle futures fall after strike authorization vote
Chicago | Reuters – CME live and feeder cattle futures stumbled on Thursday, breaking a three-day rally under pressure from a strike authorization vote at a JBS meatpacking plant in Greeley, Colorado, analysts said. However, bullish fundamentals, including a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, will […] Read more
AgraCity customers still wait for compensation
Many Prairie farmers have paid for herbicides and fertilizer from the troubled company but have never received them
Farmers owed product by AgraCity share their experiences with the crop input provider.
Markets