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St. Claude, Mb, Canada | He is from Southern mb. Prices for us locally has been 16.25 snow pesos per bushel. Plus or minus 25 cents depending on location basis. To be honest I think the issues in Europe may end up having a greater effect than the flooding in Canada, or the added acres in nd and Montana. The biggest reason price will go up will be the realization that stats can over estimated last years crop. Of course this is all going to be tamped down by soybeans in the states and Brazilian crop estimates for their 2026/27 crop. Likely see a bump up to the 17 snow peso mark in mid august for fall delivery followed by a dollar drop and then a rise into Christmas to around 17.50. If all the negatives add up and stack it could really rocket but then Australia will plant more and it will come back down anyways. | |
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Canola prices