A category about the US Agricultural Markets.
The USDA’s World Agricultural Supply and Demand Estimates report releases Monday, May 12 at noon ET. Every monthly WASDE matters, but the May release is structurally different from all others. It is the first report of the year to carry full opening balance sheets for the 2026/27 marketing year — the supply-demand framework that will…
The Structural Condition (Layer 1) Two intersecting domestic demand developments are reshaping the US agricultural balance sheet heading into the second half of 2026, with direct downstream effects on Prairie commodity prices and export positioning. The first and more consequential is the EPA’s finalization of Renewable Fuel Standard “Set 2” volume obligations on March 27,…
The Structural Condition (Layer 1) The Canada-United States-Mexico Agreement’s mandatory Joint Review formally opens July 1, 2026, under Article 34.7 of the agreement. The three parties must complete their assessment and decide jointly whether to extend the agreement through 2042. That decision — or the failure to reach one — sets the structural rules governing…
The Structural Condition Two trade deadlines are now running simultaneously on opposite fronts, and the overlap creates measurable market risk for Prairie grain producers. The first is structural and embedded: under Article 34.7 of the Canada-United States-Mexico Agreement, a mandatory joint review by the Free Trade Commission formally begins July 1, 2026. The review is…
Market Intelligence Series — Paid Tier US MARKETS — Week of April 18, 2026 Publication: westernfarmreport.ca US winter wheat entered the 2026 growing season in its worst opening condition since 2022: as of April 5, USDA NASS rated only 35% of the national crop good to excellent — 13 percentage points below the same date…
Market Intelligence Series — Paid Tier US MARKETS | Week of April 13, 2026 Southern Plains Drought Sets Up the Year’s First Supply Story The 2026 winter wheat crop entered the growing season in its worst early-spring condition since 2022. USDA NASS’s first Crop Progress report of the season, released April 6, rated just 35%…