Grain markets are extremely volatile right now. Canola is rallying, wheat futures are climbing, but many farmers say their cash bids aren’t improving. In this episode of What the Futures, host Ryan Denis sits down with grain marketing expert Brian Comeault to break down why basis is collapsing, why canola prices are surging, and how farmers should think about selling grain during geopolitical volatility. They also discuss acreage shifts in Western Canada, barley demand, and how farmers should manage risk when markets move this fast.

Topics covered - Why wheat futures are rising but cash prices lag -

Canola basis strategy for the 2026 crop -

How war and geopolitics distort technical trading -

Grain marketing discipline during volatility -

Acreage outlook for canola, barley, and pulses -

Why farmers should protect downside risk

Listen to the show on the go. https://open.spotify.com/show/3xz7OvO7P0WDW8mAx25L1y?si=bd51356530834599

https://podcasts.apple.com/ca/podcast/what-the-futures/id1715185428

In episode 113 of the What The Futures Podcast, Ryan discusses market volatility amid escalating conflict in the Middle East, with canola trading over $700/tonne and energy markets rising, and emphasizes having crop and input risk-management strategies. He shares a personal reflection on his daughter Eva’s birthday and announces a charity auction supporting the perinatal bereavement program at the Lois Hole Hospital for Women in Edmonton and the Briar Patch Community Preschool. Pro Grow Agriculture’s Maury Mli joins to discuss tightening farm budgets, using precision/variable-rate planning, and notes most farmers have fertilizer booked despite higher prices. LeftField Commodities’ Chuck Penner returns from vacation to cover Canadian acreage expectations, improved China trade for canola seed, peas and canola meal, potential Middle East shipping risks for pulses, weak new-crop bids/basis, and limited upside for canary seed.

00:00 Episode Preview and Guests

04:56 Eva’s Story and Family Week

09:02 Charity Auction for Eva

14:19 Hat Design Contest Returns

15:32 Market Sizzle and Sponsors

17:37 Interview Maury Pro Gro

29:16 Crop Mix and Input Reality Check

31:57 Crop Marketing Strategies Now

37:23 Chuck Penner Joins Fresh Off Beach

52:36 Rotation Reality Check

55:36 New Crop Contracting

58:28 Basis and Hedging Talk

01:02:17 Canary Seed Outlook

01:06:22 Workshops and Seasonals

01:10:01 Final Tips and Wrap

Canola just broke $700, but a weekend escalation in the Middle East is sending diesel and fertilizer costs through the roof. In this week's Cup of Coffee, Ryan breaks down what's moving markets and what farmers should do RIGHT NOW about fuel, urea, and canola hedging. Guest Quintin from JGL Capital joins to walk through the two hedging strategies dominating broker conversations this week: straight puts (with implied volatility still low) and selling futures with an upside insurance call. Plus: Should you fill your fuel tanks today or wait?

TIMESTAMPS:

0:00 — Opening & Market Prices (Canola $703 May / $707 Nov)

2:28 — Grain Prices: $15 Canola, $9 Yellow Peas, $8.25 HRSW

4:50 — Input Prices: Diesel 97¢–$1.21/L, Urea $1,100–$1,140/ton

7:05 — Viewer Questions: Fuel timing, wheat targets, raising hedge levels

9:01 — Headlines: Brazil Soy Cut, China Tariff Drop, Strait of Hormuz

11:00 — Guest: Quinton from JGL Capital

12:40 — Are Farmer Margins Actually Getting Worse in 2026?

14:02 — Canola Rally: Why It's Holding Steady Above $700

16:40 — Two Canola Hedging Strategies Right Now (Puts vs. Futures + Call)

18:00 — Wheat Outlook: Funds Buying Back Shorts, Basis Still Brutal

LINKS & RESOURCES: - JGL Capital (Quinton): https://www.jglcapital.com

AGi3 Precision Insurance: https://www.agi3.ai 

What The Futures Podcast: https://www.whatthefuturespodcast.ca

Ryan's Email: [email protected] -

Susan Stroud / No Bull Ag (referenced)

AgRule Brazil Soy Production Report

Quote of the week from Susan Stroud: "When markets pay you for uncertainty, take them up on it."

️ Cup of Coffee airs LIVE every Tuesday at 8:00 AM MST on YouTube.

Listen to the show on the go. https://open.spotify.com/show/3xz7OvO7P0WDW8mAx25L1y?si=bd51356530834599

https://podcasts.apple.com/ca/podcast/what-the-futures/id1715185428

In episode 112 of the What the Futures Podcast, Ryan Denis interviews Trent Klarenbach in Camrose, Alberta as November canola approaches $700, discussing key resistance levels, whether the move is a bear-market rally, and why growers should position for both downside protection and upside potential. Ryan shares show updates, a March 1–April 11 hat design contest supporting the Canadian Center for Agricultural Wellbeing, and sponsor notes on John Deere Operations Center. The mailbag covers put options vs futures-first contracts, choosing hedge months, and how to think about percent sold when yields are uncertain, plus broker suggestions including Simpson Caputo Group, JGL Capital, and Simple Hedge. Positive moments include a successful long-dated canola target sale and a top-priced feed barley sale. Sabrina from UPL explains herbicide layering research for herbicide-resistant wild oats and highlights battalion’s multi-mode broadleaf and wild oat control.

00:00 Canola Near $700

04:54 Hat Contest Launch

08:46 Trent Interview Begins

09:48 Canola Pullback Signals

12:59 Bear Rally or Bull Turn

14:46 Market Structure and Land

17:06 Specialty Crops and Corn

19:45 Positive Moments Roundup

25:04 2027 Canola Targets

29:32 Timing New Crop Sales

34:46 Choosing a Futures Broker

48:54 UPL Products Spotlight

50:41 Eating Your Veggies

52:43 Final Sign Off

Fertilizer markets are tightening fast. In this episode of What the Future’s Podcast, Ryan Denis sits down with fertilizer expert Josh Linville to break down what farmers should expect heading into spring 2026. They cover nitrogen and phosphate supply risks, China export impacts, logistics bottlenecks, and whether a summer reset is still coming. If you haven’t secured fertilizer yet, this is a must-watch.

Topics Covered: - Fertilizer supply outlook - Nitrogen and phosphate market risks - China export restrictions - Spring logistics concerns - Summer fill program expectations - Risk management strategies for farmers Like, subscribe, and share with a farmer who needs to see this.

⏱️ Timestamps 00:00

Market open & commodity check 01:00

Big fertilizer questions farmers are asking

02:00 Josh Linville joins the show

04:00 What caused the recent fertilizer chaos

08:45 Why fertilizer isn’t well hedged yet

10:30 What to do if you haven’t bought fertilizer

12:30 Will tariffs impact fertilizer prices?

17:30 Is every nitrogen form tight?

21:00 Summer reset outlook

24:00 Grain marketing reminder

25:00 Show wrap-up

Follow Josh Linville on X https://x.com/JLinvilleFert

Listen to the show on the go. https://open.spotify.com/show/3xz7OvO7P0WDW8mAx25L1y?si=bd51356530834599 https://podcasts.apple.com/ca/podcast/what-the-futures/id1715185428

‍ Follow on Instagram and X for more market insights. https://www.instagram.com/whatthefuturespod/

https://x.com/wtfuturespod

Email Ryan: [email protected]

What the Futures Podcast Website: https://www. whatthefuturespodcast.ca

Thanks to our Sponsors

John Deere https://operationscenter.deere.com/

UPL https://www.uplcorp.com/

BrettYoung https://brettyoung.ca/

Episode 111 of What the Futures is a two-for-one: REAL 2026 crop marketing talk with Saskatchewan farmer Nathan Kuhn + Milano Cortina 2026 Olympics hockey/curling with Tyler Yaremchuk (Daily Faceoff / Oilersnation). If you’re staring at canola targets and wondering “sell or hold?”, this episode is for you, plus we break down the chaos in Italy as the medal rounds heat up.

CHAPTERS / TIMESTAMPS

00:00 Episode 111 preview (Nathan Kuhn + Tyler Yaremchuk)

00:37 UPL studio + program talk (Smart Art Buy / Grower Rewards) + Battalion

02:10 Olympics are the “positive moment” this week

04:24 Nathan Kuhn joins (Unity, SK) 08:36 How Nathan thinks about grain marketing (targets & mindset)

12:34 Canola market run: what matters next

16:40 Wheat outlook + 2026 crop plans

20:11 Canola acres 2026 + “don’t mess around with your bread & butter”

23:37 Options/spreads/fuel + managing risk

28:50 Wrap with Nathan 29:24 Crop Marketing Made Cool Conference (Dec 1–2, 2026)

31:49 Ryan’s market watch: canola basis (-66) + why May matters

41:31 BrettYoung canola early-book bonus reminder (deadline Feb 27)

42:20 Tyler Yaremchuk joins: Milano Cortina 2026 Olympic hockey breakdown

50:48 Switch gears → curling controversy

57:23 Medal-round predictions + what to watch next

01:03:50 “Eating your veggies” (profit goals + remove emotion)

01:09:36 Lunch Box Crew spots open + wrap LINKS

RYAN MENTIONS / WHERE TO FIND THINGS

Ryan Denis (main): https://www.ryandenis.ca/

Lunch Box Crew: https://www.ryandenis.ca/lunch-box-crew

Conference 2026: https://www.ryandenis.ca/2026-conference

Podcast site: https://www.whatthefuturespodcast.ca/

Daily Faceoff on YouTube: https://www.youtube.com/@daily_faceoff

Oilersnation on YouTube: https://www.youtube.com/@Oilersnationdotcom

Tyler on X: https://www.x.com/tyleryaremchuk

Ryan on X: https://www.x.com/Ryan_Denis_

#Canola #CropMarketing #MilanoCortina2026

Listen to the show on the go.

https://open.spotify.com/show/3xz7OvO7P0WDW8mAx25L1y?si=bd51356530834599

https://podcasts.apple.com/ca/podcast/what-the-futures/id1715185428

‍ Follow on Instagram and X for more market insights.

https://www.instagram.com/whatthefuturespod/

https://x.com/wtfuturespod

Email Ryan: [email protected]

What the Futures Podcast Website: https://www. whatthefuturespodcast.ca

Thanks to our Sponsors John Deere https://operationscenter.deere.com/

UPL https://www.uplcorp.com/

BrettYoung https://brettyoung.ca/

00:00 Market Open: Canola, Soybeans, Wheat & CAD Snapshot

01:42 Viewer Qs: Red Lentils at 24¢ and 2026 Durum Acres

02:51 Headlines Driving Ag: Middle East, China Buying, Canola Anti-Dumping Decision

04:49 Wheat Watch: Record Volume, Weather Risks & KC Wheat Setup

06:16 Guest Joins: Sarah Cache (Trigger Grain) + Prairie Mood Check

08:20 KC Wheat Strategies: Targets, Basis Plays & Don’t Sleep on 2027 Futures

09:54 Old-Crop Movement: What’s Moving (Peas/Barley) and Where Specials Are

11:01 Canola Rally Game Plan: New-Crop Risk Management Near $700

13:40 Cereals & Pulses: Oats Economics, Red Lentils Pricing, Durum Outlook

17:24 Wrap-Up: Cereal Rankings, Crush Plant Capacity, Record Deliveries & Sign-Off

In this episode of the What the Futures Podcast, host Ryan reviews the topics and strategies covered over the past month, answers listener questions from a swamped mailbag, and dives into market insights. Recorded from the UPL studio, the episode touches on important dates like the Valentine's Day reminder for farmers and the Smart Buy rewards deadline. Ryan addresses his take on the canola market, comments from previous episodes, the challenges of being bullish or bearish, and the steadying of markets. He also discusses his interactions with industry insiders, crop marketing planning, and the dynamics of pricing and sales contracts. For those interested in farming and crops, this episode offers a recap of significant discussions and actionable strategies for future farming decisions.

00:00 Introduction and Episode Overview

02:08 Market Analysis and Canola Rally

08:30 Crop Marketing Strategies

11:34 Grain Buyer Conversations

16:18 Crop Rankings and Market Trends

21:08 Farm Planning and Administration

22:58 Positive Moments: A Dad's Victory at the RV Show

28:03 Market Updates: Prices from the Prairies

29:31 Farmer Q&A: Producer Cars and Canola Contracts

36:38 Grain Marketing Strategies and Success Metrics

43:32 Wrap-Up and Final Thoughts

In this episode, we dive into the latest market moves including canola, soybeans, bean oil, spring wheat, and corn. We'll explore the impact of the USDA report, discuss the India US trade deal's effect on bean oil prices, and analyze key trends such as canola crush margins and wheat market strategies. Questions from viewers tackle topics like marketing wheat for cash flow, canola crush margins, spread markets, and selecting grain marketing advisors. Additionally, we provide tips for leveraging market information for better price discovery. Join us for in-depth agricultural market insights and strategies.

00:00 Introduction and Market Overview

00:40 USDA Report Insights

00:50 Viewer Questions and Market Analysis

01:59 Headlines and Market Trends

02:47 In-Depth Market Discussions

05:46 Canola Crush Margins

10:16 Wheat Market Strategies

13:36 Barley Market and Grain Advisors

15:56 Rapid Insights and Conclusion

In this episode of 'What The Futures Podcast,' host Ryan delves into the current state of Western Canadian grain prices, reflecting on why he's the least bearish he's been in over three years. Joined by Bret Walts from BAM Weather, they discuss February's weather trends and what farmers can expect looking forward, including the potential for a delayed start to spring. Additionally, David and Mark from Global Ag Risk Solutions share insights on various private insurance offerings and new products for 2026 to help farmers mitigate risks and make informed decisions. Tune in for essential tips on crop marketing and managing farm risk in 2026.

00:00 Introduction and Market Sentiment

00:34 Podcast Welcome and Episode Overview

09:49 Canola Market Insights

18:35 Weather Forecast with Brett Waltz

34:09 Positive Moments and Personal Updates

36:43 Insurance and Risk Management Discussion

43:20 Handling Buyouts and Claims

46:37 Data-Driven Farm Management

50:35 Challenges and Learnings from 2025

01:06:55 New Insurance Products for 2026

01:16:48 Importance of Insurance in 2026

01:23:13 Final Thoughts and Advice

Listen to the show on the go. https://open.spotify.com/show/3xz7OvO7P0WDW8mAx25L1y?si=bd51356530834599

https://podcasts.apple.com/ca/podcast/what-the-futures/id1715185428

‍ Follow on Instagram and X for more market insights.

https://www.instagram.com/whatthefuturespod/

https://x.com/wtfuturespod

Email Ryan: [email protected]

What the Futures Podcast Website: https://www. whatthefuturespodcast.ca

Thanks to our Sponsors

John Deere https://operationscenter.deere.com/

UPL https://www.uplcorp.com/

BrettYoung https://brettyoung.ca/