Episode Details
Back to EpisodesSpecialty Crops Update with Chuck Penner (Peas, Lentils, Durum) + Canola Near New Highs
Description
Episode 124 of the What the Futures Podcast features Chuck Penner of LeftField Commodity Research answering grower questions on peas, lentils, durum, canola, wheat, and feed barley. Penner breaks down Prairie weather extremes, pea demand from China and India, durum pressure from weaker North African demand, lentil uncertainty tied to Canada, Australia, and India, and canola’s rally into new highs. The episode also covers old crop wheat specials, rising feed barley values, improving canola basis, and the importance of staying ready to execute marketing plans.
00:00 Episode kickoff
00:43 Sponsor message
01:29 Markets and canola highs
03:07 Song of the week
04:27 Seeding challenges and farm morale
08:22 Hedging and farm updates
10:38 Chuck Penner joins
16:59 Green and yellow peas
25:01 Durum outlook
31:17 Lentil market update
37:09 Canola momentum
42:19 Canola rally strategy
45:49 Wheat specials
46:42 Feed barley pricing
47:34 Basis watchlist
49:03 Farm update and sponsor
50:31 Eating your veggies
52:20 Conference and text updates
53:19 Final wrap