This week’s forecast: Arctic high pressure is expected to drop southward into the Prairies later this week and into the weekend, keeping temperatures below average.
Daily news
Prairie forecast: Arctic air keeps spring warming at bay
Feed Grain Weekly: Seasonal gains expected this spring
Feed grain prices have not yet been affected by rising fuel costs, but will continue to rise nonetheless, said a Lethbridge-based trader.
Klassen: Stronger barley prices weigh on feeder cattle values
For the week ending March 21, Western Canadian feeder cattle markets traded $10/cwt higher to $10/cwt lower compared to seven days earlier. Backgrounded replacements were quite variable with sharper discounts noted on fleshier groups. The heifer discount to steers appeared to be wider in some cases but it was largely based on quality features. Calves
Russia stops ammonium nitrate exports for one month amid global supply crunch
Russia, which controls up to 40 per cent of the global trade in ammonium nitrate, said on Tuesday it will stop exports of the fertilizer for one month until April 21 to ensure sufficient supply during the spring planting season.
Farmland climbs higher in spite of headwinds: Farm Credit Canada report
In a year with trade disruptions, higher input costs and economic uncertainty, agricultural land in Canada continued to climb higher in value
FCC raises inflation forecast on surging commodity prices
Canadian consumers may have little if any cushion remaining against future economic shocks, ag lender warns
Farm Credit Canada has raised its 2026 forecast for overall inflation as commodity prices spike due to war in the Middle East.
U.S. urges WTO members to rethink core tariff rule in face of China threat
The Trump administration on Monday urged World Trade Organization members to rethink the body’s core principle of “Most Favored Nation” bound tariff rates, arguing in a new position paper that this has led to discriminatory practices and imbalanced trade, including with China.
Speculators add to bullish bets in canola
The speculative net long position in canola continues to grow, hitting its largest level in eight months according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday, March 20.
EU crop monitor sees lower soft wheat and rapeseed yields in 2026
Crop monitoring service MARS said on Monday it expects the European Union’s average soft wheat yield to reach 5.98 tonnes per hectare this year, five per cent lower than in 2025.
USDA attachés forecast some changes in China’s oilseeds, cereals
As China heads into the 2026/27 marketing year, the United States Department of Agriculture attachés in Beijing projected a few minor to moderate changes in the country’s soybean, canola, corn and wheat crops.