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Middle East Conflict, Fertilizer Costs & 2026 Acreage Outlook | Chuck Penner

Season 3 Episode 113 Published 3 months, 1 week ago
Description

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

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