2026 crop outlook: export momentum key to prices given abundant supplies

Prices for grains, oilseeds, and pulses have been falling for most crops over the past several years largely due to global trade uncertainty and improved production. Globally, there are ample supplies for most grain and oilseeds, as many countries benefited from optimal growing conditions last year. The situation was no different domestically as Canada produced a record 107 million tonnes in 2025. Considering uncertainties with regards to trade and market access, farmers are, not surprisingly, wondering about prospects for profitability.

In this outlook, we look at the key factors that will drive prices and present our forecasts for the 2026-27 crop year.

Ample supplies limit price forecast for 2026–27

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