In something of a surprise, Statistics Canada lowered its projection for planted canola acres in 2025/26, with other oilseeds reaping some of the benefits. As well, StatCan adjusted its numbers for Canadian wheat.
Spring wheat
Canadian farmers planted fewer canola acres than expected, StatCan projects
StatCan revises 2024/25 canola output
Prairie wheat prices weaker on sharp drop in U.S. futures
Stronger loonie adds more pressure
Cash prices for spring wheat across the Canadian Prairies fell hard during the week ended June 26, while those for amber durum nudged up slightly.
IGC raises wheat crop outlook on India, Romania upgrades
The International Grains Council on Thursday raised its forecast for global wheat production in the 2025/26 season, largely reflecting improved crop outlooks in India and Romania.
CBOT Weekly: Prices tumble, uncertainty ahead
Weather, supply pressures weigh on grains
Grain futures fell on the Chicago Board of Trade last week with more uncertainty waiting in the wings.
Agricultural consultancy Sovecon raises 2025 Russian wheat crop forecast
Agricultural consultancy Sovecon said on Wednesday it had slightly raised its forecast for Russian wheat production for 2025 by 0.2 million metric tons to 83.0 million metric tons, citing improved crop conditions in parts of central Russia.
Prairie Wheat Weekly: Western Canadian bids rise on dryness
U.S. crop conditions, weaker loonie also raise prices
Dryness on the Canadian Prairies, as well as worsening U.S. winter wheat crop conditions and a weakening Canadian dollar raised Western Canadian wheat bids for the week ended June 19, 2025.
‘Amber waves of grain’ recede in America’s heartland as wheat farmers struggle
Midwestern farmers abandoning wheat crops as profits recede, weather challenges
The Great Plains have long been celebrated for the “amber waves of grain” in the popular hymn “America the Beautiful.” The region’s states produce most of the U.S.-grown crop of hard red winter wheat, favored by bakers for bread. But with prices hovering around $5 (C$6.86) per bushel, U.S. wheat farmers have reached an inflection point, with many forced to either lose money, feed wheat to cattle or kill off the crop.
CBOT Weekly: External factors raising wheat prices
Weather, geopolitical risk provide support
Numerous factors caused United States wheat prices to sharply rise during the week ended June 18, 2025.
USDA makes small cuts to corn, wheat ending stocks
Few changes the central theme in June report
The June supply/demand report from the United States Department of Agriculture contained very few changes from May. The USDA issued its World Agricultural Supply and Demand Estimates on June 12, showing some declines for U.S. corn and wheat ending stocks, while those for soybeans were unchanged.
CBOT Weekly: ‘Not looking for any fireworks’ in June WASDE
Report unlikely to have notable changes
Do not expect any major changes in the June supply and demand report from the United States Department of Agriculture, said Terry Reilly, senior agricultural specialist for Marex.