Markets Lab: weekly Prairie crop updates https://marketslab.ca/ One update per crop each week: the story headline and the main points in plain words. Free Prairie crop data from public sources. en-ca Fri, 13 Nov 2026 20:00:28 GMT Canola futures slid through the week and spot bids fell about C$34 a tonne with them, while exports had their biggest week of the season. https://marketslab.ca/w14/canola/ Spot bids fell almost as far as futures, so basis on the January contract did not widen. Market reports blamed fund selling and weak vegetable oil markets, not trade news. A recovery in oil values, or a slowdown in exports, would change the pressure on bids. https://marketslab.ca/w14/canola/ Fri, 13 Nov 2026 20:00:28 GMT CWRS bids held steady as a weaker Canadian dollar offset lower US-dollar spring wheat futures, and elevators shipped out even more wheat than farmers' sharply higher deliveries. https://marketslab.ca/w14/wheat/ Spot bids and basis barely moved, and basis stayed narrow for this time of year. Elevators moved wheat to port faster than farmers brought it in, so the pull on deliveries held. Exports running below the pace of the forecast while port stocks build would weaken that pull. https://marketslab.ca/w14/wheat/ Fri, 13 Nov 2026 20:00:28 GMT No durum left through the terminals this week, the first week without terminal exports this crop year, and stocks rebuilt at both country elevators and ports while bids slipped a few dollars. https://marketslab.ca/w14/durum/ The median spot bid fell about C$4 a tonne over the week. Farmers delivered more while elevators shipped less, so grain piled up instead of moving to ships. A return of vessel loadings would draw these stocks down again and give buyers a reason to compete for grain. https://marketslab.ca/w14/durum/ Fri, 13 Nov 2026 20:00:28 GMT Yellow pea bids slipped a dollar or two in every region as farm deliveries eased, while country elevators kept shipping out more peas than they took in and port stocks rebuilt. https://marketslab.ca/w14/peas/ Bids eased a little, giving back almost all of last week's gain. Elevators drew their stocks down again, and the peas went to the ports faster than ships took them. Port stocks rising further while exports slow would reduce the pull on country peas. https://marketslab.ca/w14/peas/ Fri, 13 Nov 2026 20:00:28 GMT No lentils left the terminals in bulk for a second week, country elevators kept filling slowly, and price quotes held or eased slightly. https://marketslab.ca/w14/lentils/ Saskatchewan's lentil quotes did not change this week, and two Alberta quotes eased. With bulk loadings stopped, elevators shipped little, and their stocks now last about twice the usual number of weeks. A return of bulk vessels would draw on those stocks; a longer pause would leave the bulk export season further behind. https://marketslab.ca/w14/lentils/ Fri, 13 Nov 2026 20:00:28 GMT Chickpea quotes held for a second week, farm deliveries to elevators halved after two heavy weeks, and elevator stocks eased rather than building. https://marketslab.ca/w14/chickpeas/ Saskatchewan's desi and kabuli quotes were unchanged on 4 November. Farmers sold less into elevators, while elevators kept shipping at an above-usual pace. Two heavy delivery weeks did not build elevator stocks; a third, with shipments slowing, would. https://marketslab.ca/w14/chickpeas/ Fri, 13 Nov 2026 20:00:28 GMT Barley exports fell back after a three-week run and country elevator shipments fell to a third of the week before, so elevator stocks rose even though farm deliveries stayed at a six-year low for this week. https://marketslab.ca/w14/barley/ Shipments from country elevators were the lowest for this week in six years. Farmers kept selling little, but with so little going out, elevator stocks still rose. Port stocks are far below usual, so a new run of export loadings would need country shipments to pick up. https://marketslab.ca/w14/barley/ Fri, 13 Nov 2026 20:00:28 GMT Oat milling dropped to its lowest for this week in six years after last week's season high, while farm sales stayed below usual and processors' own stocks kept falling. https://marketslab.ca/w14/oats/ Mills ground less than half of what they ground the week before. Farmers sold little to elevators or processors, and processors in Saskatchewan used more of their own oats. Mills returning to last week's pace with farm sales this low would draw processor stocks down further. https://marketslab.ca/w14/oats/ Fri, 13 Nov 2026 20:00:28 GMT Manitoba's soybean quote fell for a fourth week, by its largest drop in that run, while country elevators finally shipped more than farmers delivered and their stocks fell for the first time since September. https://marketslab.ca/w14/soybeans/ The Manitoba quote fell about C$19 a tonne, its fourth drop in a row. Elevators shipped faster while deliveries eased, so the build-up in country stocks reversed. Shipments staying above deliveries would keep working stocks down; heavier farm selling would start the build-up again. https://marketslab.ca/w14/soybeans/ Fri, 13 Nov 2026 20:00:28 GMT Canola futures ended the week almost where they started, but the crush margin fell C$26 a tonne and spot bids slipped a little more than futures despite strong exports. https://marketslab.ca/w13/canola/ Basis widened slightly this week, ending last week's narrowing. Lower values for canola oil and meal cut the crush margin, while exports and country shipments stayed strong. Whether oil values recover, and whether exports keep this pace, will decide how much room buyers have on bids. https://marketslab.ca/w13/canola/ Fri, 06 Nov 2026 19:59:53 GMT CWRS bids followed spring wheat futures down almost dollar for dollar this week, so basis stopped narrowing but held at its narrowest for this time of year in six years. https://marketslab.ca/w13/wheat/ The futures drop came almost entirely from the lower US-dollar price, not the exchange rate. Elevators still shipped far more wheat than farmers delivered, and Manitoba's elevator stocks fell fastest. Heavier farm deliveries or slower shipments from the country would weaken the elevator pull that has gone with this narrow basis. https://marketslab.ca/w13/wheat/ Fri, 06 Nov 2026 19:59:53 GMT Durum bids held close to last week's lower level while exports slowed to a normal pace and stocks kept falling at both the ports and country elevators. https://marketslab.ca/w13/durum/ The median spot bid slipped about C$1 a tonne after last week's sharp drop. Exporters kept drawing on a system that holds less durum than usual. Stronger overseas buying, or exporters needing more farm grain to keep their pace, would give bids support. https://marketslab.ca/w13/durum/ Fri, 06 Nov 2026 19:59:53 GMT Yellow pea bids edged up in every region as exports and country shipments more than doubled, even though farmers again delivered more than in any of the past five years for this week. https://marketslab.ca/w13/peas/ The median yellow pea bid rose about C$2.50 a tonne after last week's dip. Elevators shipped peas out faster than farmers brought them in, after two weeks the other way round. If loadings slow again while deliveries stay this heavy, this week's support could fade. https://marketslab.ca/w13/peas/ Fri, 06 Nov 2026 19:59:53 GMT No lentils left the terminals in bulk this week and country elevators kept filling up, while quotes split, with red lentils falling and green lentils rising. https://marketslab.ca/w13/lentils/ Red lentil quotes fell while green lentil quotes rose, a split the bulk flows cannot explain. Elevator stocks are below average in tonnes but cover more weeks than usual, because shipments slowed. Renewed bulk loadings would start to draw on those elevator stocks again. https://marketslab.ca/w13/lentils/ Fri, 06 Nov 2026 19:59:53 GMT Chickpea quotes held their late-October rise while farmers delivered more than in this week of any recent year, and elevator stocks did not build. https://marketslab.ca/w13/chickpeas/ The higher Saskatchewan quotes of 28 October were unchanged on 4 November. Elevators shipped less than the week before but still about twice the usual amount. Elevator stocks starting to build would be the first sign that the large crop is outrunning buyers. https://marketslab.ca/w13/chickpeas/ Fri, 06 Nov 2026 19:59:53 GMT Barley exports rose for a third straight week while farm deliveries fell to their lowest for this week in six years, and country elevator stocks fell. https://marketslab.ca/w13/barley/ Exports ran far above the usual pace for this time of year. Farmers delivered little, and country elevators shipped more than they took in, drawing their stocks down. Unless farm deliveries pick up, elevators that keep shipping at this rate would draw their stocks lower. https://marketslab.ca/w13/barley/ Fri, 06 Nov 2026 19:59:53 GMT Mills ground more oats than in this week of any recent year and terminal exports had their biggest week of the season, while farm sales slipped back below usual. https://marketslab.ca/w13/oats/ Mills and exporters both took more oats this week. Farmers sold less than usual, and processors drew down their own stocks to keep milling. If farm sales stay this low while mills run this hard, buyers will have to draw stocks lower or attract more grain. https://marketslab.ca/w13/oats/ Fri, 06 Nov 2026 19:59:53 GMT Heavy farm deliveries kept building soybean stocks at country elevators while Manitoba's quote fell again, and exports rose to about the usual pace, with most port shipments leaving eastern terminals. https://marketslab.ca/w13/soybeans/ Farmers delivered more soybeans than in this week of any recent year. Elevators shipped more too, but not enough to stop their stocks rising. Faster shipments from western elevators would work the extra stocks down; if they stay below deliveries, stocks keep building. https://marketslab.ca/w13/soybeans/ Fri, 06 Nov 2026 19:59:53 GMT Canola futures fell C$20 a tonne this week and spot bids fell less, so basis narrowed in every region while elevators shipped more than farmers delivered. https://marketslab.ca/w12/canola/ Basis narrowed by about C$6 a tonne and is now level with last year. Elevators shipped more canola than they took in, and the crush held at a normal pace while Saskatchewan crushers used up their own stocks. A new wave of deliveries as the last canola comes off, or a slower crush, would remove that support. https://marketslab.ca/w12/canola/ Sun, 01 Nov 2026 06:59:59 GMT Spring wheat futures fell C$22 a tonne this week, but CWRS bids fell only C$7 as basis narrowed again while country elevators shipped more wheat than farmers delivered. https://marketslab.ca/w12/wheat/ Futures dropped sharply, but cash bids gave up only about a third as much. Country elevators shipped more wheat than farmers delivered, so elevators need wheat; port stocks also fell, for reasons the reported flows only partly explain. More farm deliveries, or slower shipments from country elevators, would take away the reason for the basis to stay this narrow. https://marketslab.ca/w12/wheat/ Sun, 01 Nov 2026 06:59:59 GMT Durum bids fell about C$13 a tonne this week, and fell in every region, even though exports had their biggest week of the season and stocks fell at both ports and country elevators. https://marketslab.ca/w12/durum/ Durum bids gave back most of their early-October rise. Canadian exports and stocks pointed to more demand, not less, so the fall came from something the weekly Canadian figures do not show. Exports staying this fast while farm deliveries stay low would give buyers a reason to firm bids again. https://marketslab.ca/w12/durum/ Sun, 01 Nov 2026 06:59:59 GMT Yellow pea bids slipped after three weeks of gains as farmers delivered twice the usual amount and exports slowed. https://marketslab.ca/w12/peas/ Pea bids eased by under C$3 a tonne, the first fall in four weeks. Farmers sold far more peas than usual while loadings slowed, so country elevator stocks rose back to about average. Faster terminal loadings would bring back the need for farm peas, and more heavy delivery weeks would keep bids in check. https://marketslab.ca/w12/peas/ Sun, 01 Nov 2026 06:59:59 GMT Lentil exports picked up this week while country elevators sent little to the ports, and Alberta's small green quote rose for a fourth week. https://marketslab.ca/w12/lentils/ Port stocks of lentils fell to about half a week of port shipments. Exports picked up while country elevators sent little to the ports, and most of the fall in port stocks is not explained. Faster shipments from country elevators, which hold more weeks of supply than usual, would refill the ports. https://marketslab.ca/w12/lentils/ Sun, 01 Nov 2026 06:59:59 GMT Chickpea quotes held through the week, then rose on October 28 for the first time since late September, while more chickpeas moved through elevators than in any recent year for the week. https://marketslab.ca/w12/chickpeas/ Saskatchewan's chickpea quotes stayed flat during the week and rose a few days after it. Farmers delivered more chickpeas to elevators than usual for this time of year, though the volumes are small. Whether the higher quote holds while farmers sell a large crop will show how much buyers abroad want Canadian chickpeas. https://marketslab.ca/w12/chickpeas/ Sun, 01 Nov 2026 06:59:59 GMT Barley exports rose and less grain arrived from the country this week, and port stocks fell by far more than those flows explain. https://marketslab.ca/w12/barley/ The ports now hold barley for about half the usual number of weeks of shipments. Exports ran above average and less barley arrived from the country, but most of the drop in port stocks is not explained. Exports staying this strong would draw down country elevators, since farmers are delivering less than usual. https://marketslab.ca/w12/barley/ Sun, 01 Nov 2026 06:59:59 GMT Farm oat sales recovered to about the usual weekly amount, with more going straight to processors than in any recent year, and terminal exports resumed after two empty weeks. https://marketslab.ca/w12/oats/ Farmers sold more oats this week, much of it straight to processors. Mills are buying steadily, and terminal exports restarted after two empty weeks. A return to very low deliveries would show farmers holding oats back from a smaller crop. https://marketslab.ca/w12/oats/ Sun, 01 Nov 2026 06:59:59 GMT Soybean exports picked up to about their usual pace for the week, while heavier farm deliveries began to build stocks at country elevators as the Manitoba harvest caught up. https://marketslab.ca/w12/soybeans/ Manitoba's soybean price eased slightly for a second week. Ships loaded more soybeans than the week before, but farmers delivered faster than elevators shipped, so country stocks grew. Loadings slowing while farmers finish harvest would let stocks build further. https://marketslab.ca/w12/soybeans/ Sun, 01 Nov 2026 06:59:59 GMT Canola bids fell with futures this week, and basis held still after four weeks of narrowing while crushing slowed for a second week. https://marketslab.ca/w11/canola/ Futures fell this week, and spot bids in every region fell by almost exactly the same amount. Crushing slowed for a second week while farm deliveries stayed above average, and basis held where it was. Faster crushing, or exports running ahead of what reaches the ports, would give buyers reason to narrow basis again. https://marketslab.ca/w11/canola/ Sun, 25 Oct 2026 06:59:59 GMT Spring wheat futures fell, but CWRS bids fell less than half as much as basis narrowed again in every region while wheat moved to port at a fast pace. https://marketslab.ca/w11/wheat/ Cash bids fell only about C$5 a tonne, less than half the drop in futures. Elevators kept moving wheat to port quickly, and a narrower basis is how their need for deliveries shows up. Country stocks are still above average, so slower rail movement to port would weaken the reason for basis to keep narrowing. https://marketslab.ca/w11/wheat/ Sun, 25 Oct 2026 06:59:59 GMT Durum bids held at last week's higher level as a wave of grain reached the ports and built stocks there, while farmers delivered little. https://marketslab.ca/w11/durum/ Durum bids barely moved this week after last week's big rise. A large amount of durum reached the ports while farmers delivered less than usual, so neither side pushed bids. Faster loadings would draw port stocks down and renew the pull on country grain; heavier farm deliveries would ease it. https://marketslab.ca/w11/durum/ Sun, 25 Oct 2026 06:59:59 GMT Yellow pea bids rose again, more slowly, as exports ran at twice what reached the ports while shipments from the country slowed and farm deliveries stayed above average. https://marketslab.ca/w11/peas/ Yellow pea bids rose again this week, but by much less than the week before. Exports ran well ahead of what reached the ports, while farmers delivered a little more than usual and elevator stocks stopped falling. Slower exports, or more farm selling at these prices, would ease the pull on bids. https://marketslab.ca/w11/peas/ Sun, 25 Oct 2026 06:59:59 GMT Lentil prices were mixed as farmers delivered less than half the usual amount for the week, while exports stayed slow. https://marketslab.ca/w11/lentils/ Alberta's green lentil quotes rose while its red lentil quote fell, and Saskatchewan's quotes did not change. Farmers are selling few lentils, but exporters are loading slowly too, so there is little export pull on elevator stocks. Faster export loadings would make the thin farm deliveries matter more for prices; more farm selling would refill elevators. https://marketslab.ca/w11/lentils/ Sun, 25 Oct 2026 06:59:59 GMT Chickpea quotes held for another week as the harvest finished, and the official outlook nudged its price forecast up rather than down. https://marketslab.ca/w11/chickpeas/ Saskatchewan's desi and kabuli chickpea quotes have not changed since late September. The harvest is finished and supply is large, yet the official price outlook rose slightly. A change in the quotes as farmers start selling the new crop would show whether that supply is weighing on prices. https://marketslab.ca/w11/chickpeas/ Sun, 25 Oct 2026 06:59:59 GMT Barley stocks at country elevators fell back to about average as grain moved to port faster than farmers delivered, and port stocks stayed well above usual as arrivals outran loadings. https://marketslab.ca/w11/barley/ Country elevators shipped far more barley than farmers delivered, so their stocks are back to about normal. The barley went to the ports faster than it was loaded onto ships, so port stocks built up. Faster export loadings would clear the ports; if loadings stay slow, port stocks would keep building. https://marketslab.ca/w11/barley/ Sun, 25 Oct 2026 06:59:59 GMT Oat shipments out of country elevators picked up to about the usual pace, drawing stocks below the usual range, while farm deliveries stayed at less than half the usual level. https://marketslab.ca/w11/oats/ Elevators shipped oats at about the usual pace again, but farmers delivered less than half the usual amount. Elevator stocks fell below the usual range for the date, while mills kept grinding at their normal pace. Deliveries staying this low with harvest finished would point to the smaller crop or farmers holding oats back. https://marketslab.ca/w11/oats/ Sun, 25 Oct 2026 06:59:59 GMT Manitoba's soybean price eased as Chicago futures slipped, while elevator stocks caught up to normal even though the harvest is still running late. https://marketslab.ca/w11/soybeans/ Manitoba's soybean price slipped this week but stays well above last year. Farmers delivered enough over the past two weeks to bring elevator stocks back to normal, though the harvest is still behind. How fast exports load as the harvest finishes will decide whether soybean stocks start to build. https://marketslab.ca/w11/soybeans/ Sun, 25 Oct 2026 06:59:59 GMT Canola futures ended the week flat, but spot bids edged up as basis kept narrowing while crushers and the movement to port both drew heavily on country grain. https://marketslab.ca/w10/canola/ Basis has now narrowed for four weeks running, and is about where it was a year ago. The futures crush margin is wide, and grain reached the ports faster than ships loaded it. Faster export loadings or a smaller crush margin would change how much room bids have to keep improving. https://marketslab.ca/w10/canola/ Fri, 16 Oct 2026 16:58:51 GMT Spring wheat futures ended the week flat, but CWRS bids rose as basis kept recovering from a wide harvest level, helped this week by a jump in exports. https://marketslab.ca/w10/wheat/ Basis has narrowed four weeks running, coming back from an unusually wide level at harvest. This week wheat moved quickly to port and exports picked up, but elevators are not short of grain. A return to slower loadings would leave less reason for basis to keep narrowing. https://marketslab.ca/w10/wheat/ Fri, 16 Oct 2026 16:58:51 GMT Durum bids posted their biggest weekly rise of the crop year in a week when heavy shipments drew country elevator stocks below their five-year range. https://marketslab.ca/w10/durum/ The median durum bid rose about C$15 a tonne, and bids rose in every region that quoted them. Elevators shipped out far more durum than farmers delivered, so their stocks fell. The official outlook still sees stocks building over the year, so the pull depends on shipments staying fast. https://marketslab.ca/w10/durum/ Fri, 16 Oct 2026 16:58:51 GMT Yellow pea bids rose again as fast shipments to port drew elevator stocks below their usual range, though peas on farms are plentiful. https://marketslab.ca/w10/peas/ The median yellow pea bid rose about C$15 a tonne, and bids rose in every region. Elevators are shipping peas to port faster than farmers deliver them, so elevator stocks are low. Bigger farm deliveries at these prices, or slower exports, would ease the pull on bids. https://marketslab.ca/w10/peas/ Fri, 16 Oct 2026 16:58:51 GMT Saskatchewan lentil quotes rose for three of five classes as farm deliveries stayed below average, despite very large stocks on farms. https://marketslab.ca/w10/lentils/ Large green lentils gained the most, while Alberta's quotes were steady to mixed. Farmers are delivering fewer lentils than usual, so elevator stocks have fallen below the usual range even though farm stocks are large. More farm selling at these prices would ease the pull, and so would slower export loadings. https://marketslab.ca/w10/lentils/ Fri, 16 Oct 2026 16:58:51 GMT Chickpea quotes held steady for a second week as Saskatchewan finished harvesting a large crop on top of big carry-in stocks. https://marketslab.ca/w10/chickpeas/ Saskatchewan's quotes for desi and kabuli chickpeas did not change in the week. Supply is large because a big crop follows stocks well above normal. A move in the provincial quotes, or a new official outlook on October 20, would show whether that supply is weighing on prices. https://marketslab.ca/w10/chickpeas/ Fri, 16 Oct 2026 16:58:51 GMT Barley processing is running above the usual range and elevators drew their stocks down, but exports fell back and port stocks rose. https://marketslab.ca/w10/barley/ Domestic processing of barley is running above the past five years, while exports swing from week to week. Elevators shipped more barley than farmers delivered, but part of it waited at port as exports fell back. Faster export loadings would bring stocks down, and more farm deliveries with slow exports would build them again. https://marketslab.ca/w10/barley/ Fri, 16 Oct 2026 16:58:51 GMT Oats moved slowly through Prairie elevators while domestic milling held to its usual pace, from a crop smaller than first expected. https://marketslab.ca/w10/oats/ Farm deliveries of oats and shipments out of elevators were both well below the five-year average. Mills are still grinding oats at a normal pace, and the official outlook expects a smaller crop than it did in spring. A pickup in deliveries as Alberta finishes harvest would show whether the slow flow was only about harvest timing. https://marketslab.ca/w10/oats/ Fri, 16 Oct 2026 16:58:51 GMT Manitoba soybean prices held steady at a high level as deliveries from a late harvest picked up sharply and brought elevator stocks close to the usual tonnage. https://marketslab.ca/w10/soybeans/ Manitoba's soybean price barely moved in the week and is well above last year. Harvest is behind, but farm deliveries jumped this week and elevator stocks caught up to about the usual tonnage. A slow finish to the harvest would hold deliveries back again. https://marketslab.ca/w10/soybeans/ Fri, 16 Oct 2026 16:58:51 GMT