Chuck Penner is forecasting some recovery in pea prices this winter and in 2026-27, but no “screaming rally.”
Markets
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
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.
Feed grain weekly: Barley bids firm in early February
Feed grain bids in Western Canada have shown some modest strength recently, although holding rangebound overall.
CBOT Weekly: Additional soybean purchases strengthen U.S. soy
There were good gains for the Chicago soy complex during the week ended Feb. 4, due to positive news that Wednesday.
Trump, Xi discuss Taiwan and soybeans in call aimed at easing China, U.S. relations
China is considering buying more U.S.-farmed soybeans, President Donald Trump said after what he called “very positive” talks with President Xi Jinping on Wednesday, even as Beijing warned Washington about arms sales to Taiwan.
ICE weekly: China, soy complex lift canola prices
China’s upcoming lifting of tariffs and rising soyoil prices lifted Canadian canola values for the week ended Feb. 4, 2026.
Markets