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Agriculture and Agri-Food Canada's June 20 outlook shows over half of Canadian farmland began the season under drought, with hot, dry conditions in Alberta and Saskatchewan. Excess rain in Eastern Canada delayed planting and affected canola standability.
Overall 2025-26 production is expected to slip slightly, with spring wheat stable and lentil demand hurt by Chinese tariffs.
Western drought and wet conditions in the East add supply risk for canola and wheat. Weak lentil demand from China raises carry-out stocks and adds bearish pressure.
seedworld.comMarc ZienkiewiczJun 23, 2025After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
Not enough comparable past events yet for a historical read.
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.
