A Canadian Wheat Research Coalition report, published Feb. 26, says the status quo is not an option for Canada’s wheat breeding system. It must be transformed, by farmers.
There are a number of unknowns that could affect where soy, corn and wheat prices go on the Chicago Board of Trade, said Sean Lusk, vice-president of Walsh Commercial Hedging Services.
Strong cereals volumes — particularly wheat — helped offset sharp declines in freight received from U.S. rail connections in 2025, with total freight moved by rail in Canada during the year down only marginally from 2024, Statistics Canada reported on Feb. 24.
Speculative fund traders moved to a net long position in canola for the first time in five months in mid February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday.
Although there has been some upward movement in feed grain prices, particularly in Alberta, it’s not domestic demand that’s pushing them higher, said Jim Beusekom, president of Market Place Commodities in Lethbridge on Feb. 19.
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.