Canadian farmers might plant more canola acres than the 21.8 million that Statistics Canada reported in its seeding intentions report released on Thursday morning, analysts told Reuters.
Western Canadian wheat bids as of March 3, 2026 were higher than the previous week, supported by rising U.S. wheat prices and good export demand for Canadian wheat.
A severe winter storm in the United States and a weakened greenback helped raise prices on the Chicago Board of Trade during the week ended Jan. 28, 2026.
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.