What the Futures!

Seasonals, Wheat/Canola Pricing Windows & Planting Progress (w/ Chuck Penner)


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The host recaps morning market moves (canola steady; wheat, soybeans, and corn lower; bean oil strong; CAD ~73.5; WTI down) and urges diesel price discovery due to wide quote variance, then welcomes Chuck Penner of Left Field Commodities to discuss what’s driving markets, seasonal patterns, and crop marketing timing. Penner says many crops are still following seasonals despite record production, warning wheat/canola and other major crops often top within the next few weeks and tend to weaken into summer, so growers shouldn’t assume rallies will continue. They review USDA crop progress and ratings, prairie seeding disruptions from excess moisture, shifting Western Canadian seeding intentions, risks in barley tied to Chinese demand, and red lentil seasonals alongside El Niño considerations in India. Penner notes post-harvest rallies often peak around November and directs viewers to leftfieldcr.com for a 30-day trial.

00:00 Market Week Kickoff

00:44 Morning Futures Snapshot

01:35 Diesel Price Discovery

01:59 Viewer Questions Preview

02:38 Headlines War and Crops

03:13 USDA Crop Progress Breakdown

04:31 Prairie Planting and Fertilizer

05:19 Chuck Joins and Seasonals

06:13 Seasonal Peaks and Timing

08:05 Supercycle Talk and Wheat Bull Case

10:25 Barley Demand Risks

11:45 Seeding Intentions Shifting

12:53 Prairie Conditions and Delays

14:14 New Crop Selling Strategy

17:47 Wheat Selling Window

19:49 Lentils Seasonals and El Nino

22:23 Wrap Up and Next Episode

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What the Futures!By Ryan Denis


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