Trent Klarenbach, BSA AgEc, PAg, founder and lead analyst, Klarenbach Research
Prairie farmers delivered 1.33 million tonnes of grain into the licensed system in the week ending Oct 25, according to the Canadian Grain Commission.
Canadian processors crushed 1.2 million tonnes of canola in September, Statistics Canada reported.
U.S. wheat futures settled higher on Oct 29 after reports that China's state grain buyer had asked about U.S. soft red winter wheat.
Prairie deliveries and exports
Producer deliveries totalled 1,328,900 tonnes in week 12 of the 2026/27 crop year (Oct 19 to 25), down from 1,350,900 tonnes the week before, according to the Canadian Grain Commission's Grain Statistics Weekly. Crop-year deliveries reached 17.06 million tonnes, compared with 16.84 million tonnes a year earlier.
Wheat (excluding durum): 426,800 tonnes delivered in the week; 6.30 million tonnes to date, up 1.9% from 6.18 million a year ago.
Canola: 445,900 tonnes in the week, down from 512,200; 5.43 million tonnes to date, up 32.0% from 4.11 million.
Durum: 88,000 tonnes in the week; 994,800 tonnes to date, down 31.4% from 1.45 million.
Barley: 82,800 tonnes in the week; 1.45 million tonnes to date, compared with 1.47 million.
Oats: 41,500 tonnes in the week; 489,300 tonnes to date, down 30.7% from 706,400.
Exports through licensed facilities were 1,282,000 tonnes in the week, up from 1,036,600 tonnes. Crop-year exports reached 12.16 million tonnes, compared with 10.36 million tonnes a year earlier.
Wheat: 432,500 tonnes in the week; 6.01 million tonnes to date, up 17.3% from 5.12 million.
Durum: 179,800 tonnes in the week, up from 78,100; 1.20 million tonnes to date, up 49.1% from 805,200.
Canola: 238,000 tonnes in the week; 1.89 million tonnes to date, up 52.7% from 1.23 million.
Barley: 118,000 tonnes in the week; 887,400 tonnes to date, down 11.3% from 1.00 million.
Commercial stocks of all grains were 7.15 million tonnes at the end of the week, down from 7.30 million tonnes a week earlier.
Canola crush and futures
Oilseed processors crushed 1.2 million tonnes of canola in September, down 0.7% from August and up 21.9% from September 2025, Statistics Canada reported on Oct 28. Canola oil production was 519,300 tonnes and meal production was 714,000 tonnes.
The Grain Commission's weekly figures show 196,300 tonnes of canola went into domestic disappearance in the week ending Oct 25, for 2.99 million tonnes so far in the crop year, compared with 2.73 million a year earlier.
January canola futures settled C$2.60 lower at C$783.10 per tonne on Oct 29, and November 2027 was down C$1.70 at C$781.50, according to the ICE close reported by Syngenta Canada. The report said canola traded at its lowest levels in nearly three months during the session, with weaker crude oil, a firmer Canadian dollar, fund selling and farmer selling cited as factors.
Wheat and global markets
December Chicago soft red winter wheat settled 4.75 cents higher at US$6.0375 per bushel on Oct 29, and December Kansas City hard red winter wheat was up 2.25 cents at US$6.4525, Farm Progress reported.
The move followed USDA's weekly export sales, which showed a 2026/27 marketing-year high for U.S. wheat, and news reports that China's state-owned grain buyer had inquired about U.S. soft red winter wheat, according to Pro Farmer on Oct 30.
Pro Farmer said that as of 6 a.m. CT on Oct 30, December soft red winter wheat was up 2.25 cents and December corn was down 1.75 cents.
What to watch
Whether China's inquiry about U.S. soft red winter wheat turns into confirmed purchases.
Canola deliveries and crush pace against the 32.0% year-over-year gain in crop-year deliveries.
The Grain Commission's week 13 data for the week ending Nov 1.
Saskatchewan's final Crop Report of 2026 on Nov 5, according to the Government of Saskatchewan.
The canola futures response to the Canadian dollar and crude oil.
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Sources: Canadian Grain Commission, Grain Statistics Weekly, week 12 (Oct 19-25, 2026) · Statistics Canada, Oilseed crushing statistics, September 2026 (Oct 28, 2026) · ICE Futures (via Syngenta Canada), Oct 29, 2026 · CBOT (via Farm Progress), Oct 29, 2026 · Pro Farmer, First Thing Today, Oct 30, 2026 · Government of Saskatchewan, Crop Report
