February 11 2026

Hours of Operation: 8:00AM to 5:00PM (Mountain & SK), Monday to Friday
Web Home: johnstonsgrain.com
Our Team: johnstonsgrain.com/about
Webstore: shop.johnstonsgrain.com
X: JohnstonsGrain☀️ (@JohnstonsGrain) / X
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

Opening Comments

USDA WASDE Update – February 2026

The latest USDA WASDE report delivered a fairly neutral tone overall, with limited changes to U.S. balance sheets but notable shifts in trade flows and global production.

Wheat
The 2025/26 U.S. wheat outlook remains relatively steady this month. Supplies are unchanged, but domestic use was trimmed slightly due to lower food use as reported in the latest Flour Milling Products report. Exports remain unchanged. U.S. ending stocks are projected at 931 million bushels, up 9% from last year and the largest carryout since 2019/20.

Globally, the wheat picture shifted slightly. World supplies edged lower due to smaller beginning stocks and production declines in Turkey and Mongolia, although Argentina offset some of that with a record 27.8 MMT crop. Global trade increased, driven largely by stronger exports from Argentina and Canada, while EU exports declined. World ending stocks dipped slightly but remain at a five-year high.

Takeaway: Ample global wheat supplies continue to cap upside price potential despite steady U.S. pricing.


Corn
U.S. exports were raised 100 million bushels to 3.3 billion, reflecting strong sales and shipments through January. Foreign demand remains firm, with shipments during the September–January period expected to exceed 1.3 billion bushels. With no change to production and higher exports, U.S. ending stocks were reduced 100 million bushels to 2.1 billion

Globally, coarse grain production is essentially unchanged. Foreign corn production saw small adjustments — Mexico slightly lower, EU slightly higher. Global corn ending stocks were trimmed to 289 MMT, down 1.9 MMT from last month.

Takeaway: Strong export demand is supportive, but overall global supplies remain comfortable, limiting aggressive price rallies.


Soybeans
The U.S. soybean balance sheet was unchanged this month. Globally, however, production increased. Brazil’s crop was raised 2 MMT to 180 MMT on higher yields and expanded acreage. Paraguay production was also increased. Global crush rose due to strong meal demand, particularly in the EU. China is reportedly considering increased U.S. soybean purchases, though global import demand overall remains steady. If China increases U.S. buying, exports may shift among destinations rather than increase overall global demand.

Global soybean ending stocks rose to 125.5 MMT, primarily due to larger Brazilian supplies.

Takeaway: South American production continues to weigh on the global soybean market, keeping supplies comfortable.


Overall Market Implication

  • Wheat remains pressured by large global inventories.
  • Corn demand is strong, particularly exports, offering some underlying support.
  • Soybeans continue to face competition from large South American crops.

Currency remains an important factor. A firm USD supports CAD-equivalent pricing, even when U.S. futures remain steady.


Johnstons Connected Trading Platform

The Johnstons Connected platform continues to demonstrate its value for both buyers and producers—most recently for corn growers in Manitoba. Since the start of the year, and especially over the past month, the Target Platform has been working on behalf of farmers, generating offers and successfully executing trades while they focus on other priorities.

Several of these offers were above market, and by listing them on the platform, they gained significant exposure—creating strong results for all parties involved. We currently have the following grain on the platform for sale:

If you’re interested in registering for our free-to-use Target Platform, please sign up using the link below.
Johnston’s Connected Home Page


Impending Gopher Season

As we approach spring, timing is critical when it comes to managing gophers. These pests emerge from hibernation early in the season and begin breeding shortly after, meaning early, proactive control can significantly reduce in-crop pressure later on.

If spending long days shooting isn’t practical or efficient, there’s another effective option. Our rolled zinc phosphide bait is a proven solution and remains one of the most reliable control tools available since the loss of strychnine. We have ample supply available for pickup or can coordinate delivery with your next chemical order.

If you have field access, now is the time to scout and act—before breeding begins and populations expand. We are currently offering 22 kg bags at $179 per bag. For more information or to place an order, please reach out to your trusted broker at Johnstons Grain: 1.844.324.7778


NEW PRICING OPPORTUNITY IN TSP (TRIPLE SUPERPHOSPHATE)

Most suppliers of fertilizer in Western Canada have been increasing prices on Nitrogen and Phosphate and other forms of synthetic fertility. Here at Johnston’s, we’re pleased to announce a price improvement on our TSP fertilizer.

NEW PRICE: $1150/t del’d to farm in AB, SK  and MB.
TSP is a premium granular phosphate fertilizer containing 46% P205, and 15% Calcium (a critical nutrient that most soils are deficient in). Other key features include:

10-12 on the fertilizer salt index vs. MAP which is 30-32
Soil structure building
Water holding capacity building
Easier on biology than competing products

And… much more. Reply to this email with “TSP vs. MAP Information Package” to receive a comprehensive side-by-side comparison outlining the key differences between TSP and MAP.


New-Crop Pricing

All prices are FOB Farm and will have an Act of God provision (AOG), reach out to your trusted broker at Johnstons Grain for more information & stay tuned for more offers!

Barley (Feed)
Min:48Lbs
$5.00/bu FOB
Sept-Dec
DDC (AOG)

Canary Seed
#1 Canada
$0.18-0.19/lb
Sept-Dec
10-15bu/ac AOG

Flax
#1 CW Brown
Call For Bid
Sept-Dec
10-15bu/ac AOG
Subject to reconfirmation

#1 CW Yellow
Call For Bid
Sept-Dec
10-15bu/ac AOG
Subject to reconfirmation

Lentils
#1 Large Green(Lairds)
$0.23-0.24/lb
Sept-Dec
10-15bu/ac AOG

Medium Green (Richleas)
N/A

#1 Small Green(Estons)
$0.20-0.21/lb
Sept-Dec
10-15bu/ac AOG

#1 Red Lentils
N/A

#1 French Green
$0.19-0.20/lb
Sept-Dec
10-15bu/ac AOG

Mustard
#1 Yellow
$0.39-0.40/lb
Sept-Dec
10-15bu/ac AOG
Ask about deferred movement premiums

#1 Brown
$0.29-0.30/lb
Sept-Dec
10-15bu/ac AOG
Ask about deferred movement premiums

Oriental
$0.37-0.38/lb
Sept-Dec
10-15bu/ac AOG
Ask about deferred movement premiums

Peas
#2 Yellow Peas
$7.00-7.20/bu
Sept-Dec
10-15bu/ac AOG
AB | SK | MB

#2 Green Peas
$8.00/bu
Sept-Dec
10-15bu/ac AOG

#2 Soybeans
$12.20-12.80/bu
Nov-Dec
NO Act of God
Max 2% damage
Max 20% splits
Max 1% FM,
Max 1%
other grains
NO live insects

***All prices are subject to reconfirmation and can change at any time***


CHEMICAL BASE PRICING:
Glyphosate 540: $5.19/L (500L or 1000L totes)
Glufosinate 150: $3.99/L (500L or 1000L totes)
Glufosinate 200: $5.29/L (500L or 1000L totes)
Additional quantity and bundling discounts available.

CHEMICAL SPECIALS*
Fluroxypyr+2,4-D (same actives as Octtain XL)
Current Price – $6745.50/450L tote ($6.75/ac)
Offer Price – $5990/450L tote ($5.99/ac)

Current Price – $289/case ($7.20/ac)
Offer Price – $239.60($5.99/ac)

Pinoxaden+Fluroxypyr (same actives as Axial Xtreme)
Current Price – $719/case ($17.99/ac)
Offer Price – $679.60/case ($16.99/ac)

Current Price – $2760/80L drum ($17.25/ac)
Offer Price – $2718.40/80L drum ($16.99/ac)

Offer runs till Mar 15th  Additional discounts on crop inputs when paired with either one Glyphosate540, Glufosinate 150 or Glufosinate 200


SOIL SAMPLING PROGRAM:
Full-Spectrum Analysis Cost: $120/sample
Advanced Fertility Recommendation: Free & Highly Valuable
For full program details ask to be connected to a Johnston’s Regenerative rep.


Upcoming Tradeshows!

Our sales and management team will be attending the following trade shows in 2026, and we look forward to seeing you there! A quick reminder: if you have soil samples for analysis, you’re welcome to drop them off at our booth along with the completed fertility questionnaire during any trade show!

  • Western Canadian Crop Production Show | Jan 13-15 | Saskatoon SK
  • Manitoba Ag Days | Jan 20-22 | Brandon MB
  • AgriVisions | Feb 11-12 | Lloydminster AB
  • Ag Expo | Feb 25-27 | Lethbridge AB

Contact Information

To reach a sales agronomist, please call: 
Randy Adrian: (306) 294-0042 
Deepak Chaunkaria: (844) 324-7778

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

Michael Launer, Director of Johnston’s Regenerative, Lead Annelida Sales Rep, please call: (780) 232-0358 (michael@johnstonsregenerative.com)

To reach a territorial rep, please call:
Northwest, SK (Lashburn): Kylar Hope – (306) 361-0053 (kylar@johnstonsgrain.com)
South Central Manitoba (Calgary Office): Kress Schmidt – (844) 324-7778 (kress@johnstonsgrain.com)
SE Sask & SW Man (Welwyn Office): Mark Rankin – (844) 324-7778 (mark@johnstonsgrain.com)
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: Michael Launer – (780) 232-0358 (michael@johnstonsregenerative.com)


Trades Update

Johnstons Grain

Contract Date Commodity Grade Price Quantity Seller Location Shipment
2026-02-10Brown Flax #1$16.75 bushel FOB Farm86 Mt approx / grossRadisson, SK02/11/26 – 02/24/26
2026-02-10Yellow Flax #1, <10% Moisture, <8% Dockage, $21.00/Bushel FOB FarmApprox. Gross 44 MtStockholm, SK02/10/26 – 03/31/26
2026-02-10Yellow Flax #1$15.50 U.S. FOB Farm60 Mt approx / grossUpham, ND02/11/26 – 03/25/26

Total Tonnage: 190MT

Johnstons Connected

Origin Commodity Product Type Grade Price Volume Ship Begin Ship End Delivery Type Destination
CanadaBarleyFeedCAD $280.00 / MT2064 MT2026-05-012026-05-31DeliveredLethbridge, AB, CAN
CanadaPeasGreenNo. 2, Machine CleanedUSD $373.33 / MT600 MT2026-03-012026-04-30DAPVancouver, BC, CAN
CanadaBarleyFeedCAD $281.00 / MT2064 MT2026-04-012026-05-31DeliveredLethbridge, AB, CAN
CanadaBarleyFeedCAD $265.00 / MT86 MT2026-02-102026-02-27DeliveredLethbridge, AB, CAN

Total Tonnage:4,814 MT


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 Update

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: $1.3608
CAD into USD:$0.7348


Commodities Update(USD$)

Apr’26 Live Cattle: $238.450
Apr’26 Lean Hogs: $95.550
Oil (WTI): $65.10
Oil (WCS): $48.18
Gold: $5,047.50
Silver: $83.10
Bitcoin: $66,257.17
Ethereum: $1,926.36


Daily Joke


Grain Bid Update

BARLEY

Feed BarleyFOB Farm (Feb-Apr)
Medicine Hat, AB$5.15-$5.30
Red Deer, AB$5.15-$5.30
Edmonton, AB$5.10-$5.25
Swift Current, SK$4.65-$4.90
Saskatoon, SK$4.65-$4.90
Regina, SK$4.55-$4.80
Yorkton, SK$4.55-$4.85
Estevan, SK$4.50-$4.75
Brandon, MB$4.50-$4.75

Southern Alberta Feed Barley (Delivered)
Feb $265
AMJ $280
SOND $270

Malt Barley
No bid


CANARY SEED

#1 Canada
$0.17-0.18/bu
FOB Farm Feb-Mar


CANOLA

Conventional Canola
Call For Bid
AB | SK | MB
Feb-April

Closing Futures Prices
Mar 2026 Futures: $661.80
May 2026 Futures: $672.70
July 2026 Futures: $681.10
We are always looking for tough, green, sprouted or heated canola. Please reach out with any offers


Non-Gmo Canola (Clearfield)
JFM: Call for bid
AMJ: Call for bid


CHICKPEAS

Kabuli Chickpeas
#2 Canada: $0.26-0.27/lb
FOB Farm for Feb-Mar  
Max 10% 7mm, Min 30% 9mm

Feed/Sample Kabuli
MAX: $0.10/Lb
FOB Farm Jan-Mar
Premiums for: Larger Sizing with Damage

Desi Chickpeas
Call for bid


CORN

#2CW Corn MB FOB Farm
FEB-MAR 2026: $5.00-5.10/bu
APR-MAY 2026: $5.00-5.20/bu
JUNE-AUG 2026: $5.00-5.30/bu
Subject to Reconfirmation*

Closing Futures Prices
March 26′ futures: $426-6
May 26′ Futures: $435-2

Dec 26′ Futures: $457-6

Southern AB Corn (Delivered)
FEB-MAR: $264
APR-MAY: $268
June-July: $272
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: $16.60-$17.00/bu
FOB Farm for March Forward | SK
Possibly Into April & Beyond

#1 Canada: $17.00-17.50/bu
FOB Farm Feb-Mar, AB

Yellow Flax
#1 Canada: $21.00-22.00/bu
FOB Farm Feb-Mar
Possibly Into April & Beyond


LENTILS

Large Greens (Lairds)
#2 Canada: $0.25-0.26/lb
FOB Farm for Feb-Mar
Possibly Into April & Beyond

Medium Greens (Richleas)
#2 Canada/US: $0.15-0.16/lb USD
FOB farm Feb-Mar
Subject to reconfirmation*

Small Greens (Estons)
#1 Canada: $0.17-0.18/lb
FOB Farm for Feb-Mar
Downward Pricing Pressure*

Red Lentils
#2 Canada: $0.225-0.235/lb
FOB Farm for Feb-Mar
Southern AB & SK
Subject to Reconfirmation

Feed Lentils
$0.14-0.15/lb
FOB farm Feb-Mar

French Green Lentils
#1 Can: $0.20-0.21/lb
FOB Farm Feb-Mar
Limited Volume Available*

Beluga Lentils (Black)
Call for Bid


MUSTARD

Yellow Mustard
#1 Canada: $0.36-0.37/lb
FOB farm for Feb-Mar
Possibly Into April & Beyond

Brown Mustard
#1 Canada: $0.30-0.31/lb
FOB farm for Feb-Mar
Possibly Into April & Beyond

Oriental Mustard
#1 Canada: $0.44-0.45/lb
FOB farm for Feb-Mar
Freight Area Sensitive*


OATS

Milling Oats (Min: 42Lb/Bu)
$3.00-3.25/bu
FOB Farm March | Southeast Sk | West MB
freight area sensitive*

$3.00-3.50/bu
FOB Farm AMJ
SK
Subject to Reconfirmation

Feed Oats (38-40Lb/Bu)
$2.25-$2.60/bu
FOB Farm March & Beyond
Discounts for lighter product
Freight area sensitive


Closing Futures Prices
March 2026 futures: $305-6
May 2026 futures: $307-2


PEAS

Yellow Peas
#2 Canada: $7.50-8.00/bu
FOB Farm Feb-Mar. Higher values for extended delivery
Subject to reconfirmation

Green Peas
#2 Canada: $9.75-10.25/bu
FOB farm Feb-Mar
Possibly Into April & Beyond

Maple Peas
Mosaic: $12.00-13.00/bu
Acers: $12.00-13.00/bu
Blazers: 12.00-$12.50/bu
FOB farm Feb-Mar, Central & Southern AB
Subject to Reconfirmation

Feed Peas
$6.00-$6.50/bu
FOB farm Jan-Mar: AB/SK/MB


RYE

Hybrid Rye
$4.00-$4.50/bu
FOB farm JFM

Open-Pollinated Rye
$4.00-4.50/bu
FOB farm JFM


SOYBEANS

Soybeans
US #2 or better:
$12.25-$12.45/bu
FOB Farm Jan-Mar
SE SK & SW Manitoba
Higher values available closer to Winnipeg*

Closing Futures Prices
March 26′ Futures: $1115-0
May 26′ Futures: $1130-0

Nov 26′ Futures: $1106-0


WHEAT

#1 CWRS 14.0% Protein
Call For Bid
SE SK | MT,USA area preferred*

#1 CWRS 13.5% Pro:
Call For Bid
FOB Farm
Feb-Mar, SK

#1 CWRS Min:14.0% Pro:
Call For Bid
FOB Farm
Feb-Mar, AB | SK

#1 CWAD (Durum)
Call For Bid

Feed Wheat
$5.75-$6.25/bu
FOB Farm
Feb-Mar | SK
Call For Bid: AB & MB

Triticale
Call for bid






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