August 26th 2026

Hours of Operation: 8:00AM to 5:00PM | Weekdays
Web Home: johnstonsgrain.com
Toll Free: (844) 324-7778
Domestic Brokerage:
broker@johnstonsgrain.com
Sales Agronomists:
agronomist@johnstonsgrain.com
Freight/Logistics:
logistics@johnstonsgrain.com
Commercial Brokerage/Platform Inquiries (Feedlot/Track/Export):
connected@johnstonsgrain.com


Financial Update by Glengarry Farm Finance

Some easing in the 5-year bond yield this week could provide some relief for 5-year fixed mortgage rates in the weeks ahead.

Market Rate Snapshot

  • Current Canadian Prime Rate: 4.45%
  • Estimated 5-Year Fixed Lending Rate at Canadian Lending Institutions: 5.0% – 5.3% (August 10)
  • Next Bank of Canada rate decision: September 2, 2026 (unlikely to change).

Financing Tip of the Week: Pitfalls of Equipment Financing 
Equipment loans and leases can be a significant source of financial pressure for farming operations. Large, fixed payments don’t always align with the seasonal and often unpredictable nature of farm cash flow, particularly when commodity prices, yields, input costs and weather can change from one year to the next.

After four years of working alongside producers to navigate these challenges, Glengarry has developed practical, proven strategies to help better align equipment financing with the realities of farm operations. From managing payment timing to improving overall cash-flow flexibility, the right financing structure can make a meaningful difference.

Read more about Glengarry’s strategies and approach here: https://johnstons.glengarry.ca/post/equipment-loans-farmers

Rates vary by lender, borrower profile, loan characteristics, and market conditions. Information is provided for general market commentary only and does not represent rates offered by Glengarry Farm Finance.

Prairie Harvest Progress Update: Harvest Slowly Gaining Momentum

Harvest is underway across Alberta, Saskatchewan and Manitoba, but progress remains behind normal for late August in much of Western Canada. Cooler conditions, heavy morning humidity and recurring rainfall have shortened harvest windows and delayed crop maturity in several regions. Early pulses and winter cereals are leading the way, while the bulk of the spring wheat, barley, oats and canola crops are only beginning to reach harvest readiness.

Alberta

Harvest remains in the very early stages across Alberta. As of August 18, approximately 1% of the province’s major crops had been harvested, compared with the five-year average of 7% and the 10-year average of 5% for this point in the season. The South Region is furthest advanced at roughly 5% complete, although that remains well behind its historical pace of approximately 18% on the five-year average. Harvest activity remains limited across the Central, Northeast, Northwest and Peace regions.

Warm weather has helped advance maturity, but much of Alberta’s spring cereal crop remains in the early-to-soft dough stages. Southern Alberta is further along, with cereals generally reaching the hard dough stage. Desiccation activity is becoming more widespread in Central Alberta and swathing is expected to increase as additional fields mature. Crop development remains especially uneven across northern regions, where excessive moisture and cooler conditions earlier in the growing season have contributed to delayed maturity and reduced crop-condition ratings.

The takeaway for Alberta is that harvest should begin accelerating quickly once a sustained stretch of warm, dry weather arrives. Southern producers are already moving, but for much of the province the main cereal and canola harvest is still ahead.

Saskatchewan

Saskatchewan harvest reached approximately 4% complete as of August 17, up from 2% the previous week. Progress remains well behind the five-year average of 15% and the 10-year average of 12%, although it is slightly ahead of the 3% harvested at the same point last year. Rain showers, thunderstorms, cooler temperatures and high morning humidity have all restricted combining and created poor conditions for desiccation.

The Southwest continues to lead the province at 9% complete, followed by the Southeast at 4%, West-Central at 2% and East-Central at 1%. Winter cereals and pulses account for most of the acres harvested so far. Provincially, approximately 44% of fall rye and 33% of winter wheat have been harvested. Among pulse crops, 18% of field peas and 13% of lentils are complete. Spring cereal harvest remains limited, with barley at 5%, oats at 4%, and both spring wheat and durum around 1%.

Crop maturity continues to vary considerably between regions. Producers in the south are making the most meaningful progress, while much of central and northern Saskatchewan is still waiting for crops to mature. The recent moisture has helped replenish topsoil conditions in some areas, but warmer and drier weather will be needed to move harvest forward in a meaningful way.

Manitoba

Harvest is also beginning to expand across Manitoba, although recent rainfall has caused significant delays in several areas. Winter cereal harvest is the most advanced, with the Central and Eastern regions reporting approximately 75% of winter cereals harvested as of August 18. Spring cereal harvest has now started, with spring wheat combining underway in the Central region and beginning to expand eastward. Barley and oat harvest has also started in portions of Central and Eastern Manitoba.

The earliest canola fields are now being harvested in the Central region, while swathing continues across the province. Much of the canola crop is moving through early-to-mid seed colour change, although later-seeded and re-seeded fields remain considerably behind. Pea harvest has also started, with early reports indicating average to above-average yields and generally good quality.

Rainfall remains the biggest obstacle. A major weather system delivered substantial precipitation to the Southwest and portions of the Interlake, including 111 mm at Reston over August 14–15. Harvest had begun in parts of the Southwest before the rain brought field operations to a halt. Standing water, crop lodging and wet field conditions could create additional harvest challenges as producers return to the field.

Prairie Outlook

Across the three Prairie provinces, the 2026 harvest is shaping up to be a later-than-normal start, particularly for the major spring cereals and oilseeds. Saskatchewan and Alberta are both running materially behind their historical harvest pace, while Manitoba is showing good progress in winter cereals but remains highly variable depending on rainfall.

The next stretch of weather will be increasingly important. Warm temperatures, sunshine, lower humidity and drying winds could quickly accelerate crop maturity and harvest activity, particularly in southern Alberta and Saskatchewan and across Central and Eastern Manitoba. Field peas, lentils, winter cereals and early barley will continue to lead the initial push, with spring wheat, oats and canola expected to become increasingly available as we move toward the end of August and into early September.

From a grain marketing perspective, new-crop supplies are beginning to enter the pipeline, but volumes remain relatively limited. As harvest expands, buyers will begin getting a clearer picture of yield, test weight, protein and overall quality, which should help establish the direction of regional basis levels and nearby demand through September.


Protect Your Crop & Your Market Access.

Every spray application matters. To help ensure your grain meets Maximum Residue Limit (MRL) requirements in domestic and export markets, always read and follow the product label, including application rates, crop staging, pre-harvest intervals, tank-mix directions and all other label requirements. Good stewardship, accurate record keeping and proper application timing are essential for maintaining market access and protecting the reputation of Canadian grain. Before every application, visit Keep it Clean at www.keepitclean.ca for the latest best management practices and stewardship resources.


CHEMICAL BASE PRICING:

Glyphosate 540: $5.79/L

Glufosinate 150: $4.49/L

Glufosinate 200: $7.99/L

Diquat 240: $7.99/L

Imazamox+Bentazon: $30.09/L

  • 500L or 1000L Totes (Subject to Availability)

GOPHER CONTROL


SOIL SAMPLING PROGRAM

Full-Spectrum Analysis Cost:$149/sample
Advanced Fertility Recommendation: Free & Highly Valuable
For full program details ask to be connected to a Johnston’s Regenerative rep.


Company Directory & Locations

Crop Protection

Calgary Northeast (Calgary Office): Garrett Forster – (604) 613-8813 (garrett.forster@johnstonsgrain.com)

Calgary South (Calgary Office): Kurt Paskal – (403) 899-0308 (kurt@johnstonsgrain.com)

Edmonton, AB Area: Devan Launer – (780) 239-4786 (devan@johnstonsregenerative.com)

Northwest, SK (Lashburn): Kylar Hope – (306) 361-0053 (kylar@johnstonsgrain.com)

Central Sask–Lucky Lake: Adam Sheppard – (306) 858-3002 (adam@johnstonsgrain.com)

Southwest-Sask: Randy Adrian: (306) 294-0042 (randy@johnstonsgrain.com)

Sask & Mb: Karlee Stanhope – (306) 434-7637 (karlee@johnstonsrgrain.com)

Grain Brokerage

Allan Johnston | Founder of Johnstons Grain & Chief Grain Broker: (844) 324-7778
(allan@johnstonsgrain.com)

Garrett Forster | Sr Grain Broker – (604) 613-8813 (garrett.forster@johnstonsgrain.com)

Kurt Paskal | Sr Grain Broker – (403) 899-0308 (kurt@johnstonsgrain.com)

Karlee Stanhope | Sr Grain Broker – (306) 434-7637 (karlee@johnstonsgrain.com)

Carli Miller | Jr Grain Broker – (1833) 324-7778 (carli@johnstonsgrain.com)

Agronomists

Deepak Chaunkaria: (844) 324-7778 ( deepak@johnstonsgrain.com)

Randy Adrian: (306) 294-0042 (randy@johnstonsgrain.com)

Regenerative Agronomy

Dr. Clemence Muitire, PHD Soil Science | Director of Regenerative Agronomy: (403) 585-3518 (clemence@johnstonsregenerative.com)

Frank Koch, Regenerative Agronomist: (403) 632-6066 (frank@johnstonsregenerative.com)

Travis Albrecht, Director of Johnston’s Regenerative: (403) 502-6332 (travis@johnstonsregenerative.com)

Michael Launer, Director of Johnston’s Regenerative: (780) 232-0358 (michael@johnstonsregenerative.com)


Trades Update

Johnstons Grain

Contract Date Commodity Grade Price Quantity Seller Location Shipment
2026-08-25Green Peas Feed6.25 $/bu44.000Killaly, SK09/01/26 – 10/31/26
2026-08-25Large Green Lentils X3$0.17/Lb FOB FarmApprox. Gross 35 MtLafleche, SK08/25/26 – 09/01/26
2026-08-25Feed Barley Feed, >48 lbs, <14.8% Moisture$5.00/Bushel FOB FarmApprox. Gross 44 MtLafleche, SK08/25/26 – 08/29/26
2026-08-25Brown Flax #1, <8% Dockage, <10% Moisture$16/buAppros Gross 109mt (4300bu)Gem, AB08/25/26 – 09/04/26
2026-08-25Feed Wheat Feed wheat, >58 lbs, <14.5% Moisture$8/buApprox Gross 14mtNanton, AB08/25/26 – 08/26/26
2026-08-25Feed Barley Feed | Min: 48lbs | Dry$6/buApprox Gross 44mt (1ld)Nanton, AB08/25/26 – 08/26/26
2026-08-25Feed Wheat Red Wheat, >58 lbs, <14.5% Moisture, <0.05 ergot$225/Mt ($6.12/Bu) FOB FarmApprox. Gross 44 MtRossburn, MB08/30/26 – 09/05/26

Total Tonnage: 334MT

Johnstons Connected

Origin Commodity Product Type Grade Price Volume Ship Begin Ship End Delivery Type Destination
CanadaBarley–FeedCAD $280.00 / MT516 MT2026-09-012026-09-30DeliveredLethbridge, AB, CAN
CanadaWheatRed OnlyFeedCAD $305.00 / MT258 MT2026-09-012026-09-30DeliveredTaber, AB, CAN

Total Tonnage:774MT


Johnstons Connected Trading Platform

Access the link below in order to create your Johnstons Connected Trading Platform account. Once registered and verified, you’ll be able to set Target Price Agreements (TPAs) across our entire grain marketing network granting you access to large selection of commercial buyers & farm grain resellers, making it easier to buy and sell grain at the price that you want!
Johnston’s Connected Home Page


Western Canadian Weather Forecast

CALGARY SASKATOON WINNIPEG

Bulk Fuel

To request quotes from the largest bulk provider of Esso branded fuels in Western Canada, follow the link below to our website and fill out a very simple application form.

Bulk Fuel – Johnstons Grain


Currency Update

USD into CAD: $1.3883
CAD into USD:$0.7202


Commodities Update(USD$)

Oct’26 Live Cattle: $211.950
Oct’26 Lean Hogs: $80.450
Oil (WTI): $81.78
Oil (WCS): $63.50
Gold: $4,612.77
Silver: $68.14
Bitcoin: $77,054.00
Ethereum: $2,446.69


Daily Joke

How do you steal a coat? You jacket.


Grain Bid Update

BARLEY

Feed BarleyFOB Farm (August – September)
Medicine Hat, AB$4.80-$5.25
Red Deer, AB$4.50-5.10$
Edmonton, AB$4.50-$5.00
Swift Current, SK$4.50-$4.85
Saskatoon, SK$4.35-$4.75
Regina, SK$4.45-$4.90
Yorkton, SK$4.50-$4.80
Estevan, SK$4.50-$4.80
Brandon, MB$4.00-$4.50

Southern Alberta Feed Barley (Delivered)
Sept: $265
Oct-Dec: $280
Jan-Feb27: $290
Apr-July27:$308

Malt Barley
No bid


CANARY SEED

#1 Canada
$0.17-$0.18/Lb
FOB Farm Aug-Nov


CANOLA
*We are always looking for tough, green, sprouted or heated canola. Please reach out with any offers*

Conventional Canola
$18.00/bu | Delivered
Southern-Alberta
Prompt

Conventional Canola
$17.10-$17.60/bu
FOB Farm Aug
Southeast Saskatchewan

Closing Futures Prices
Nov 2026 Futures: $787.40
Jan 2027 Futures: $796.40

Non-Gmo Canola (Clearfield)
July: Call For Bid
August: Call For Bid


CHICKPEAS

Kabuli Chickpeas
#2 Canada: $0.24-$0.25/lb
FOB Farm for Aug-Sept
Max 20% 7mm, Min 40% 9mm

Kabuli Chickpeas
#2 Canada: $0.25-$0.26/lb
FOB Farm for Oct-Nov
Max 20% 7mm, Min 40% 9mm

Feed/Sample Kabuli
$0.09-0.10/Lb
FOB Farm AUG Forward

Desi Chickpeas
Call for bid


CORN

#2CW Corn MB FOB Farm
Aug-Sept: Call for bid
Oct-Dec: Call for bid

Closing Futures Prices
Sept 26′ Futures: $503-0
Dec 26′ Futures: $525-4
Mar 27′ Futures: $540-2

Southern AB Corn (FOB)
Sept: $299
Oct-Dec: $308
Jan-Mar: $317
Basis Contracts Available*


BEANS

Black Beans
Call for bid

Cranberry Beans
Call for bid

Great Northern Beans
Call for bid

Fababeans
Call for bid

Pinto Beans
Call for bid


FLAX

Brown Flax
#1 Canada: $15.00-$16.00/bu
Delivered AB Facility | August
OLD CROP ONLY*

Brown Flax
#1 Canada: Call For Bid
Saskatchewan | Manitoba


Yellow Flax
#1 Canada: $24.00/bu
Delivered AB Facility | August
OLD CROP ONLY*


LENTILS

Large Greens (Lairds)
#2 Canada: $0.20-$0.21/lb
FOB Farm for Aug-Sept

Large Greens (Lairds)
#2 Canada: $0.21-$0.22/lb
FOB Farm for Oct-Nov

Medium Greens (Richleas)
#1 Can: $0.12-0.13/Lb
FOB Farm Aug-Sept

Medium Greens (Richleas)
#1 Can: $0.125-0.13/Lb
FOB Farm Oct-Nov

Small Greens (Estons)
#1 Canada: $0.16-$0.17/lb
FOB Farm for Aug-Sept

Small Greens (Estons)
#1 Canada: $0.18-$0.19/lb
FOB Farm for Oct-Nov

Red Lentils
#2 Canada: $0.22-$0.23/Lb
FOB Farm for Aug-Sept
Call for applicable locations*

Red Lentils
#2 Canada: $0.20-$0.21/Lb
FOB Farm for Oct-Nov

Feed Lentils
$0.11-$0.12/lb
FOB farm July

French Green Lentils
#1 Can: $0.22-$0.23/Lb
FOB Farm Aug-Sept
Subject to Reconfirmation*

Beluga Lentils (Black)
Call for Bid


MUSTARD

Yellow Mustard
#1 Canada: $0.36-$0.37/lb
FOB farm for Aug-Sept

Yellow Mustard
#1 Canada: $0.37-$0.38/lb
FOB farm for Oct-Nov

Brown Mustard
#1 Canada: $0.34-$0.35/Lb
FOB farm for Aug forward

Brown Mustard
#1 Canada: $0.35-$0.36/lb
FOB farm for Oct-Nov

Oriental Mustard
#1 Canada: $0.35-$0.36/lb
FOB farm for Aug-Sept
Variety Dependent*

Oriental Mustard
#1 Canada: $0.36-$0.37/lb
FOB farm for Oct-Nov


OATS

Milling Oats (Min: 42Lb/Bu)
$3.00-$3.25/bu
FOB Farm Aug forward | Southeast Sk | West MB
HIGHER Prices in MB!

Milling Oats (Min: 42Lb/Bu)
$3.50-$3.75/bu
FOB Farm Sept-Dec | Saskatchewan

Feed Oats (38-40Lb/Bu)
$2.00-$2.45/bu
FOB Farm Aug forward
Discounts for lighter product
Freight area sensitive

Feed Oats (38-40Lb/Bu)
$2.00-$2.75/bu
FOB Farm Sept-Dec
Discounts for lighter product

Closing Futures Prices
Sept 2026 Futures: $327-0
Dec 2026 Futures: $354-2


PEAS

Yellow Peas
#2 Canada: $6.25-$7.00/bu
FOB Farm Aug forward
Saskatchewan
Subject to Reconfirmation*

Yellow Peas
#2 Canada: $8.30/bu
Delivered Sept-Oct
Alberta | GLYPHOSATE FREE +$0.10/bu Premium

Yellow Peas
#2 Canada: $6.75-$7.25/bu
FOB Farm Sept-Dec
Saskatchewan

Green Peas
#2 Canada: $6.75-$7.25/bu
FOB Farm Aug forward
Saskatchewan

Green Peas
#2 Canada: $9.40/bu
Delivered Sept-Oct
Alberta

Maple Peas
Mosaic: $10
Acers: $10
Blazers: Call For Bid
Delivered SK Aug-Nov
Subject to Reconfirmation

Feed Peas
Call For Bid
FOB farm Sept forward
AB | SK | MB


RYE

Hybrid Rye
Call For Bid
FOB farm Aug

Hybrid Rye
Call For Bid
FOB farm Sept-Dec

Open-Pollinated Rye
Call For Bid
FOB farm Aug

Open-Pollinated Rye
Call For Bid
FOB farm Sept-Dec


SOYBEANS

Soybeans
US #2 or better:
$14.75-$15.25/bu
FOB Farm Aug forward
SE SK & SW Manitoba
Higher values available closer to Winnipeg*

Soybeans
US #2 or better:
$14.50-$15.00/bu
FOB Farm Oct-Dec
SE SK & SW Manitoba
Higher values available closer to Winnipeg*

Closing Futures Prices
Sept 26′ Futures: $1234-0
Nov 26′ Futures: $1244-0
Jan 26′ Futures: $1258-4


WHEAT

#1 CWRS 13.5% Pro:
$9.50/bu
Southern-Alberta
August

#1 CPS 11.0% Pro
$8.50/bu Delivered
Southern -Alberta
Aug forward

#1,2,3,4,5 CWAD (Durum)
Call For Bid

Feed Wheat
$6.00-$6.25/bu
FOB Farm
Aug forward

Feed Wheat
$6.00-$6.60/bu
FOB Farm Sept-Nov

Triticale
Call For Bid


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