Western Canadian cash prices for spring wheat were mostly higher and those for durum were a pinch lower for the week ended Feb. 17. A firmer tone United States wheat complex offered support, as did the Canadian dollar which lost six-tenths of a cent on the week.
Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of
Chicago | Reuters – Chicago soybean futures rose about one per cent on Tuesday on optimism about demand for U.S. supplies, analysts said, but stayed below a two-month high set last week. Corn settled flat to firmer after the U.S. Department of Agriculture in a monthly report raised its forecast of U.S. corn exports for
Corn ending stocks in the United States for 2025/26 will be slightly tighter than earlier expectations, but still record-large, according to updated supply/demand tables from the U.S. Department of Agriculture released Feb. 10.
France’s farm ministry on Tuesday increased slightly its estimates for sowings of winter soft wheat and winter rapeseed for the 2026 harvest, confirming its expectation of an expanded area for both crops this year.
Chicago | Reuters – U.S. soybean futures fell on Monday on profit taking after a rally last week drove prices to a two-month high well above $11 a bushel, tied to U.S. President Donald Trump’s remarks that China may buy more beans from the United States. The expanding harvest of a record-large Brazilian soybean crop