There’s beginning to be a shift within the Canadian Prairie feed market towards importing United States corn, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
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.
Chicago grain and oilseed futures rose on Friday as severe cold in U.S. and other areas of the world raised fears about damage to crops and disruptions to processing plants.
Canadian farmers will plant more canola in 2026/27, while lowering their pulse and special crop area, according to the first supply/demand estimates from Agriculture and Agri-Food Canada for the upcoming marketing year.
U.S. corn futures rose more than one per cent on Friday, paring some of this week’s steep declines, as exporters and domestic users stepped in to buy cash-market grain at discounted prices, analysts said.
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.
Corn ending stocks in the United States for 2025/26 will be much larger than earlier expectations, according to updated supply/demand tables from the U.S. Department of Agriculture.
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.