Episode Details

In episode 117 of the What the Futures Podcast (recorded April 8), Ryan covers a sharp midweek market drop and questions whether a Middle East ceasefire will matter for crop prices, noting markets were already cracking. He compares pre-war and current futures levels, with canola holding gains best while corn and soybeans have erased them, and suggests selling and re-owning risk on paper versus trusting a lasting ceasefire. Ryan updates his crop rankings after raising his fertilizer budget about $40/acre, yet makes minimal price assumption changes (max 3%), with canola still top for margin on his farm, maple peas and flax next, and many cereals and pulses underwater. He discusses 2026 marketing “baskets” (patience, opportunistic, forgiving), shares strategy reminders to review recent hedges and sales, and outlines a detailed farmer meeting agenda covering wins/losses, contracts, hedges, market outlook, cash flow, workflow, future crop plans, and inputs.

00:00 Markets Tank This Week

00:28 Podcast Intro

04:08 Don’t React On Down Days

05:37 Tooth Fairy Break

13:14 Crop Rankings And Fertilizer

24:00 Hat Design Contest

30:48 Meeting Agenda Basics

38:43 Inputs Fuel Logistics

42:02 Wrap Up Veggies Checklist

44:57 Final Sign Off