During the week of October 19 to 23, 2026, grain markets declined sharply as fund selling and harvest pressure weighed on futures, while cattle markets remained supported.
Federal, provincial and territorial governments have launched a new working group to explore greater cooperation among Canada's carbon markets, farmers and agricultural organizations may be watching closely for future opportunities.
Agriculture Canada has reduced its forecast for Canadian durum ending stocks in 2026-27 amid stronger-than-expected exports, while raising its average price outlook. In its October supply-demand update released Tuesday, Ag Canada lowered projected durum ending stocks by 150,000 tonnes from September to 1.35 million, reflecting an upward revision in expected exports, partially offset by lower anticipated domestic use. Despite the reduction, ending stocks are still projected above the 1.102 million tonnes carried out of 2025-26 and the 512,000 tonnes remaining at the end of 2024-25. Ag Canada increased its 2026-27 durum export forecast by 250,000 tonnes to 5.3 million, down 9% from last year's record but 15% above the five-year average. Meanwhile, expected domestic feed, waste and dockage use was reduced by 100,000 tonnes to 433,000 tonnes, partly offsetting the impact of higher exports on ending stocks. Canadian durum exports have started the crop year strongly, with 787,000 ton
Record-high diesel prices are putting additional pressure on Canadian farm profitability and transportation costs, with consumers potentially facing higher grocery bills later this year, according to a new report from Farm Credit Canada (FCC). The FCC Economics report examines how elevated diesel prices are affecting Canada's agricultural supply chain, from farm production and livestock operations to transportation, food processing and retail. Using an assumed 80% increase in diesel prices from pre-Iran war levels, FCC estimates Saskatchewan grain producers could see crop margins reduced by $14 to $21/acre, depending on soil zone. That scenario compares diesel at $1.18/litre before the war with $2.13 this autumn. For a 5,000-acre farm, the additional fuel expense would range from $68,000 to $106,000. In Ontario, FCC estimated that an equivalent increase in diesel prices, from $1.28 to $2.30, could reduce corn and soybean margins by $16 to $30/acre, depending on crop and tillage s
Mostly dry weather this past week pushed the 2026 Saskatchewan harvest to near completion. The weekly crop report on Thursday pegged the provincewide harvest at 97% complete as of Monday, up 4 points from the previous week and slightly behind 99% last year. Favourable weather allowed producers to make good progress, leaving only a small number of acres of later-seeded crops still standing, the report said. Harvest is furthest advanced in the southwest and west-central regions, where 99% of crops have been combined. The northern regions are 97% complete, followed by the east-central region at 96% and the southeast at 95%. Most major crops are now almost entirely harvested. Spring wheat, durum, barley, lentils and field peas are all 99% complete, while oats are 98% finished and canola is 96% done. The harvest of fall rye, winter wheat, triticale, mustard and chickpeas is complete. However, some later-maturing crops remain further behind, including flax at 88%, canary seed at 92%,
