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USDA FAS expects Canada’s 2026 wheat crop to total 36.1 million tonnes, down 9.6% from the previous season, with lower harvested area and yields linked to wet spring planting and July heat. Grain quality also weakened: 79% of spring wheat samples met top grades versus 91% a year earlier, while exports are forecast to fall 2.8% and the stocks-to-use ratio to remain below its five-year average.
Lower production, weaker milling quality and reduced export prospects tighten the supply of exportable wheat, supporting wheat prices; the larger feed-grade share could increase feed-wheat availability domestically.
feedandgrain.comFeed, Grain StaffNov 9, 2026After 769 past bullish report events, Wheat (SRW) 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.
