Agriculture and Agri-Food Canada's May Outlook raised its 2026-27 new-crop price projections, with canola up C$40/t and wheat up C$20/t from April. Barley and oats were raised by C$10/t and C$5/t, while flax, lentils, mustard, canary seed and chickpeas were lowered, chickpeas by C$100/t.
Higher Canadian projections for wheat, barley and oats point to firmer feed grain values in western Canada. Lower pulse forecasts suggest weaker prices for pulse-based feed ingredients.
Not enough comparable past events yet for a historical read.
After 52 past bullish report events, OATS moved a median -2.0% over 5 sessions (33% higher; middle half -3.4% to +2.4%), and +0.7% over 20.
After 769 past bullish report events, WHEAT moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.