What the Futures!

Impact of Tariffs on Canadian Crops | Guest: Chuck Penner


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In Episode 62 of the What the Future's Podcast, host Ryan Denis dives into the ongoing discussion about tariffs and their impact on Canadian crops. Joined by Chuck Penner from Leftfield Commodities, the duo explores the effects of Trump tariffs, the specific vulnerabilities of various crops to tariffs, and the potential long-term implications for the farming industry. They also discuss strategies for farmers to navigate through this challenging environment. Additionally, the episode features insights into crop rankings, wheat basis targets, and the importance of avoiding market noise. Farmers are encouraged to focus on momentum and stick to their marketing plans while also considering professional brokerage services to expand their financial strategies.

00:00 Introduction and Episode Overview

00:17 Guest Introduction: Chuck Penner

02:54 Impact of Tariffs on Canadian Crops

07:49 Travel Woes and Industry Insights

11:44 India's Tariff Policies and Crop Prospects

17:17 US Tariffs and Market Reactions

23:46 Housekeeping and Positive Moments

34:08 Impact of U.S. Tariffs on Pulse Crops

40:04 Potential Political Resets

46:02 New Crop Wheat Basis Contracts

55:34 European Canola Market

59:09 Crop Marketing Strategies

01:01:22 Eating Your Veggies: Crop Rankings and Basis Targets

01:06:09 Conclusion and Thanks

...more
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What the Futures!By Ryan Denis


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