There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
Minor tweaks in AAFC supply and demand report
U.S. grains: Soybeans steady, grains higher
SOYBEAN futures at the Chicago Board of Trade were narrowly mixed at the Wednesday’s close, holding near three-month highs. WHEAT futures corrected higher amid ideas recent losses were overdone. CORN futures were up in sympathy with wheat, with positioning ahead of the U.S. Department of Agriculture’s Ag Outlook Forum a feature.
CBOT Weekly: Expect sideways trading for now
Look for trading of soybeans, corn and wheat at the Chicago Board of Trade remain sideways for the balance of January, perhaps longer, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill.
USDA, attachés differ on South American soybeans
Prior to the January supply and demand report being released by the United States Department of Agriculture, its attachés in Argentina and Brazil issued their respective reports on oilseed production for 2025/26.
CBOT Weekly: USDA reports could support prices
Tom Lilja, an analyst from Progressive Ag in Fargo, N.D., expects corn and soybeans yields to be trimmed ahead of the U.S. Department of Agriculture’s monthly supply/demand estimates release on Jan. 12, 2026.
Huge crops in South America says analyst
Although there’s a debate over the size of the South American soybean crop, there’s little doubt that it will be an enormous one, said consultant Michael Cordonnier of Soybean and Corn Advisor in Hinsdale, Ill.
USDA sees tighter U.S. corn stocks, soybeans and wheat unchanged
The USDA is forecasting tighter U.S. corn ending stocks for 2025/26 due to increased exports. The supply/demand balance sheets for soybeans and wheat were unchanged.
Ukraine increases rapeseed, soybeans processing as sunflower crop falls, analyst says
A sharp drop in the sunflower seed crop in 2025 combined with the introduction of export duties on oilseeds will lead to a surge in domestic processing of rapeseed and soybeans, the volume of which may exceed exports, said an analyst.
CBOT Weekly: Watching for Chinese soybean purchases
As activity at the Chicago Board of Trade shifts into holiday mode through the New Year, independent analyst Terry Reilly pointed to three things to watch over the next few weeks.
Calling for bigger crops ahead of StatCan report
Statistics Canada will release its first survey-based production estimates for the 2025/26 crop year on Dec. 4, with general expectations for upward revisions to most major crops from the model-based estimates in September. However, as StatCan has shown a tendency to underestimate production in its December reports, many analysts expect actual production may be revised upward in subsequent reports.
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