Episode Details

Can canola keep rallying? Or is this a relief rally before lower prices ahead?

In Episode 126 of What the Future’s Podcast, Ryan Denis is joined by Trent Clarenbach of Clarenbach Research to discuss canola, wheat, crude oil, commodity supercycles, crop marketing decisions, fertilizer price volatility, food security, and why farmers may need to stay disciplined despite bullish sentiment.

They also discuss: • Canola above $800/tonne • Wheat market warning signs • Commodity supercycle expectations • Crude oil outlook • Fertilizer’s shocking $500/tonne correction • Weather impacts across Western Canada • Food security and global trade • Crop marketing strategies for 2026

Guest: Trent Clarenbach – Clarenbach Research

Chapters

• (00:00:00) - Introduction: How bullish should farmers be?
• (00:02:30) - Weather challenges across Western Canada
• (00:04:00) - Farm Crisis Helpline message
• (00:08:00) - Positive moments from the week
• (00:12:00) - Crop marketing reminders
• (00:14:00) - Adjusting acres, yields & risk exposure
• (00:21:00) - Extreme weather & Super El Niño discussion
• (00:23:00) - Fertilizer prices drop $500/tonne
• (00:28:30) - Understanding the relief rally
• (00:34:00) - Trent Clarenbach joins the show
• (00:35:00) - The Spread Trader newsletter
• (00:37:00) - Weaponization of food & food security
• (00:43:00) - Crude oil outlook & commodity supercycle
• (00:44:30) - Canola, wheat & crop marketing opportunities
• (00:48:00) - Why farmers should stay proactive
• (00:49:00) - Ryan’s reaction to Trent’s outlook
• (00:51:00) - Eating Your Veggies: Crop marketing action items
• (00:54:00) - Brett Young 7206 update
• (00:55:00) - Tyler Yaremchuk joins the show
• (01:01:00) - Mike Babcock & the Edmonton Oilers
• (01:05:00) - Stanley Cup Final discussion
• (01:10:00) - Toronto Blue Jays update