Oat acres in Canada are likely to recede this spring with cash prices to remain low, said Scott Shiels, grain procurement manager for Grain Millers Canada in Yorkton, Sask.
Look for trading of soybeans, corn and wheat at the Chicago Board of Trade remain sideways for the balance of January, perhaps longer, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill.
Canada Western Red Spring wheat bids moved higher in early January, as support from a weaker Canadian dollar countered the bearish influence of small declines for spring wheat futures in the United States.
If there’s one bright spot in the Prairie feed grain market that would be export prices for barley and wheat. Susanne Leclerc of Market Master Ltd. in Edmonton said the grain elevators have upped their prices in order to meet export demand.
Tom Lilja, an analyst from Progressive Ag in Fargo, N.D., expects corn and soybeans yields to be trimmed ahead of the U.S. Department of Agriculture’s monthly supply/demand estimates release on Jan. 12, 2026.
Spring wheat and durum cash prices were moderately higher across the Canadian Prairies for the week ended Dec. 19. This was despite losses in Chicago and Kansas City wheat and Agriculture and Agri-Food Canada projecting larger all wheat ending stocks for 2025/26. Minneapolis wheat bumped up on the week, lending some support to Canadian cash prices.
Although there’s a debate over the size of the South American soybean crop, there’s little doubt that it will be an enormous one, said consultant Michael Cordonnier of Soybean and Corn Advisor in Hinsdale, Ill.
Feed prices for barley and wheat have pulled back a little following an upward swing that started in November and ended in early December, said Travis Ebens of CorNine Commodities in Lacombe, Alta.