Alberta Harvest Lagging at 18% Complete

Alberta’s harvest continued to advance this past week, but progress remained well behind normal as weekend showers and cool temperatures kept combines out of fields and raised concerns about grain quality.

ICE Close: Canola Tumbles with Weaker Oilseeds, Crude

Canola futures suffered substantial losses Friday amid weakness in outside oilseed and energy markets.

Chicago Close: Soybeans Down Hard Following USDA

Corn, wheat and soybean futures all finished lower Friday following the USDA’s September supply-demand report, with soybeans suffering the sharpest losses as updated U.S. crop estimates disappointed bullish expectations.

Global Wheat Stocks Heavier; U.S. Wheat Numbers Steady

The 2026-27 U.S. wheat supply-demand numbers were steady from last month in updated USDA supply-demand estimates released Friday, but global stocks got heavier amid an upward revision in production.

U.S. Soybean Yield, Production Up, but Ending Stocks Lower

The USDA raised its 2026-27 U.S. soybean yield and production estimates fractionally from last month, but ending stocks were trimmed regardless as stronger exports more than absorbed the additional supply.

Taxation, Red Tape Among Top Ontario Farmer Concerns

ICE Close: Sharp Crude Rally Supports

Canola futures closed moderately higher Thursday, supported by strength across the broader oilseed complex and a sharp rally in crude oil.

ICE Close: Canola Down; Stocks Reported Higher

Canola futures finished lower on Wednesday, giving back a portion of the previous day’s strong gains.

Chicago Close: Wheat Leads Way Lower

Wheat futures ended lower on Wednesday, with the market continuing to pull back from its recent rally as traders positioned ahead of Friday’s USDA report Corn and soybeans also declined.