Wheat Market Outlook - February 10, 2025

Feb 12, 2025

Mercantile's Weekly Outlook:
According to Mercantile, wheat markets remain supported. Mercantile says wheat continues to be cheap compared to corn and attention is increasingly turning to the new crop. There are several areas of concern for the 2025/26 winter wheat crop according to Mercantile, including Russia, Ukraine, France, and parts of the U.S. The next USDA report is out on Feb. 11, 2025.

Top Takeaways:

The discussion about U.S. tariffs continues to influence the markets. Recently, President Trump delayed the proposed 25 per cent tariff on both Mexican and Canadian goods to Mar. 1, 2025, while Canadian and Mexican officials agreed to enhance security at the U.S. Border.
Ukraine and Egypt are working to enhance collaboration with a plan to store more grain at destination.
Canadian durum exports in December were nearly three times larger than the volume exported in December 2023, driven by demand from North African customers.

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Video: Sclerotinia and Lygus in Seed Canola: Field Update with George Lubberts, CCA | Enchant, Alberta

Join Certified Crop Advisor George Lubberts for this Prairie Certified Crop Advisor (Prairie CCA) field update from Enchant, Alberta. In this 12th video of the series, George takes us into a seed canola field where the male rows have been removed and the female plants are filling pods. This video was taken in the third week of August 2025.

George discusses the early signs of sclerotinia stem rot, explaining how infection begins in the stem, impacts pod development, and leads to premature ripening. He also shares insights on lygus bug management, including timing of spray applications to minimize feeding damage and maintain seed size and quality.

With cool, damp summer conditions, George notes that while disease pressure is present, overall field health remains good. The crop is just beginning to show early seed colour change, signaling progress toward maturity.

Topics Covered:

•Sclerotinia stem rot identification and impact

•Managing lygus bugs in seed canola

•Crop stage and seed colour change observations

•Timing insecticide sprays for optimal protection

•Insights from a CCA field perspective in southern Alberta