The Trent Klarenbach Podcast

David Nobbs on Special Crops: Lentils, Canaryseed and Peas: Big Supplies and Iran-Dubai Disruptions

Is the Special Crops market finally hitting bottom? 🌾 In this episode of the Trent Klarenbach Podcast, we are joined by David Nobbs [https://www.linkedin.com/in/david-nobbs-02825242/] of Harvest Grain [https://harvestgrain.ca/] for a critical update on the special crops market as of April 8, 2026.  With seeding just around the corner, David shares his "spreadsheet meeting" insights on navigating one of the most complex marketing years in recent memory. We dive deep into how the Iranian war and geopolitical tensions have disrupted shipping routes into Dubai—a major hub for Canadian lentils—and what the resulting "hangover effect" means for your 2026 price targets.  Whether you are deciding between Lairds, Estons, or making a last-minute shift to Canary Seed, this discussion provides the boots-on-the-ground perspective you need. Key Topics Covered: The Geopolitical Shift: How the conflict in the Middle East is hammering containerized shipping and rail freights. Lentil Deep Dive: Analysis of the 1.7 million tonne carryout and why the Red lentil rally might be a "head fake". Canary Seed Bottom?  David explains why he is actually increasing his canary seed acres despite the five-year bearish trend. Pea Market Outlook: The impact of Chinese tariffs, the lack of early-season movement, and the one "bright spot" in green peas. Seeding Decisions 2026: Navigating $1,300/ton urea and the risks of "cowboy" farm management in a volatile year. Timestamps: 00:00 – Welcome & Special Crops Series Intro  01:10 – Impact of the Iranian War & Diesel Costs  03:15 – Lentil Production Numbers & Carryout Projections  08:30 – The Dubai/Iran Shipping Bottleneck Explained  13:10 – Eston vs. Laird Marketing Windows  16:50 – Canary Seed: Finding Support at 20 Cents?  22:50 – Durum & North African Growing Conditions  26:30 – Pea Market: China, Tariffs, and Green Pea Firmness  33:45 – Trent’s Technical Analysis Index & Price Targets  44:30 – Final Seeding Intentions: To Shift or Not to Shift? About Our Guest: David Nobbs [https://www.linkedin.com/in/david-nobbs-02825242/] is with Harvest Grain [https://harvestgrain.ca/] in Saskatoon, SK.  He brings decades of experience in both farming and international grain pulse trading. Connect with Trent Klarenbach [https://www.linkedin.com/in/trent-klarenbach-0a059641/]: Subscribe to the Klarenbach Grain Report [https://www.grainreport.klarenbach.ca/] and the Klarenbach Special Crops Report [https://www.grainreport.klarenbach.ca/] for daily technical analysis and market trends. #AgBusiness #Lentils #Farming2026 #CanarySeed #PeaMarket #GrainMarketing #SaskAg #TrentKlarenbach #HarvestGrain Disclaimer: Trading in the financial markets involves a risk of loss. Our videos and other content produced by Klarenbach Research are for informational, educational, or entertainment purposes only and do not constitute trading or investment recommendations or advice. Subscribe to the free Klarenbach Special Crops Report newsletter: •  https://specialcropsreport.klarenbach.ca/ [https://specialcropsreport.klarenbach.ca/] Subscribe to the free Klarenbach Grain Report newsletter: •  https://www.grainreport.klarenbach.ca/ [https://www.grainreport.klarenbach.ca/] Grab your risk-free 30-day trial to one of Klarenbach Research's newsletters: • https://www.klarenbach.ca/pricing [https://www.klarenbach.ca/pricing] Learn more at https://www.klarenbach.ca/ [https://www.klarenbach.ca/] Have a question for Trent? Join the Klarenbach Research Telegram Group: https://t.me/klarenbachresearch [https://t.me/klarenbachresearch] Follow Trent on X: https://twitter.com/TrentKlarenbach [https://twitter.com/TrentKlarenbach] Follow Trent on Barchart: https://www.barchart.com/news/authors/392/trent-klarenbach [https://www.barchart.com/news/authors/392/trent-klarenbach] Follow Trent on TradingView: https://www.tradingview.com/u/Trent.klarenbach/ [https://www.tradingview.com/u/Trent.klarenbach/] Follow the Klarenbach Research LinkedIn Page: https://www.linkedin.com/company/klarenbach-research [https://www.linkedin.com/company/klarenbach-research] #CommodityTrading #GrainMarkets #TechnicalAnalysis #Agriculture #grain #grainmarket #wheat  Klarenbach Research | Trent Klarenbach

⁠Adam Kuznia⁠ on Writing, Soil Biology, Fertility Reduction, and Drone Agronomy in the Red River Valley

Host Trent Klarenbach interviews North Dakota/Red River Valley agronomy entrepreneur and Farming Full-Time [https://farmingfulltime.substack.com/] Substack writer Adam Kuznia [https://www.linkedin.com/in/adam-t-kuznia/] about how writing became a therapeutic “relief valve,” the nerves of publishing, and why creators should prioritize authenticity over audience expectations.  Kuznia describes gaining more recognition outside his hometown, his farming background in Stephen, Minnesota, and how small rural towns have declined over time.  The conversation centers on reducing fertilizer while maintaining yields by focusing on soil biology, mineralization, and making tied-up nutrients plant-available—especially phosphorus in high-pH soils—along with cautioning against cutting too fast.  Kuznia outlines launching True Grit Agronomy [https://www.truegritag.com/], partnering with Harvest Drone, and using cost-share programs to reduce paperwork and risk, plus the expanding capabilities and economics of spray drones and emerging agronomy-focused AI tools. 00:00 Podcast intro and guest 01:07 Where to find Adam 02:24 Writing process and habits 06:26 Publishing fears and authenticity 13:20 Audience comes last 14:51 Reducing fertilizer with biology 17:58 No till soil changes 23:37 Farm roots and career path 26:48 Small town decline 29:36 Family farm boom and bust 33:05 Land prices and paradigm shift 34:39 How to transition fertility 35:14 Soil Tests First 35:31 Cutting Fertility Without Yield Loss 38:03 High pH Phosphorus Lockup 39:54 Self Taught Agronomy Path 40:47 Hobbies Markets And Interest Rates 42:35 Contrarian Trading Lessons 46:53 Sugar Beet Harvest Reality 51:23 Farm Work Ethic And Grit 56:49 Launching True Grit Agronomy 57:40 Drones Paperwork And Incentives 01:02:19 Drone Spraying Tech And Safety 01:07:39 AI Tools And Closing Thoughts Disclaimer: Trading in the financial markets involves a risk of loss. Our videos and other content produced by Klarenbach Research are for informational, educational, or entertainment purposes only and do not constitute trading or investment recommendations or advice. Subscribe to the free Klarenbach Grain Report newsletter: •  https://www.grainreport.klarenbach.ca/ [https://www.grainreport.klarenbach.ca/] Subscribe to the free Klarenbach Special Crops Report newsletter: • https://specialcropsreport.klarenbach.ca/ Grab your risk-free 30-day trial to one of Klarenbach Research's newsletters: • https://www.klarenbach.ca/pricing [https://www.klarenbach.ca/pricing] Learn more at https://www.klarenbach.ca/ [https://www.klarenbach.ca/] Have a question for Trent? Join the Klarenbach Research Telegram Group: https://t.me/klarenbachresearch [https://t.me/klarenbachresearch] Follow Trent on X: https://twitter.com/TrentKlarenbach [https://twitter.com/TrentKlarenbach] Follow Trent on Barchart: https://www.barchart.com/news/authors/392/trent-klarenbach [https://www.barchart.com/news/authors/392/trent-klarenbach] Follow Trent on TradingView: https://www.tradingview.com/u/Trent.klarenbach/ [https://www.tradingview.com/u/Trent.klarenbach/] Follow the Klarenbach Research LinkedIn Page: https://www.linkedin.com/company/klarenbach-research [https://www.linkedin.com/company/klarenbach-research] #CommodityTrading #GrainMarkets #TechnicalAnalysis #Agriculture #grain #grainmarket #wheat #futures  Klarenbach Research | Trent Klarenbach

Shaun Wildman: From Rural Saskatchewan to the Chicago Board of Trade and Global Canola Trading

From Rural Saskatchewan to Global Canola Markets: Shaun Wildman on Trading Floors, Pulses, and Viterra Trent Klarenbach interviews lifelong friend Shaun Wildman of Flaxcombe, Saskatchewan, tracing his path from rural hockey and Ag Economics at the University of Saskatchewan to a career in commodities.  Wildman describes early brokering at Rayglen Commodities, arbitrage opportunities in special crops, and his time on the Chicago Board of Trade and Winnipeg Commodity Exchange during the open-outcry era.  He explains moving into futures brokerage and then into Saskatchewan Wheat Pool/Xcan, where he learned pulse trading under tight margins before advancing into canola and destination export markets, including a dominant role in China.  Wildman discusses company restructuring under Mayo Schmidt, Viterra’s growth and sale to Glencore, risk and default realities in global trade, and his current focus on investments, some futures and stock trading, and pursuing a real estate license to advise on farmland. 00:00 Welcome and Guest Intro 00:59 Growing Up Rural Saskatchewan 02:16 Hockey Roads and Blizzard Stories 05:47 University Days and Public Speaking 07:47 Rayglen Commodities and Early Arbitrage 11:29 Chicago Trading Floor Experience 16:31 Winnipeg and Open Outcry Chaos 27:13 Xcan and Pool Hedging Desks 30:01 Switch to Cash Trading Lentils 31:59 Early Risky Export Trades 33:56 Pulses Desk to Canola 34:39 FOB Strategy and Partners 36:06 China Market Power Era 36:51 Small Volume Big Intensity 39:24 Market Shocks and Defaults 44:02 Natural Margins and Cycles 48:40 Wheat Pool Restructuring 49:45 Mayo Vision and Growth 52:26 Glencore Acquisition Shift 56:23 Trading vs Marketing Stress 59:26 Life After Trading Disclaimer: Trading in the financial markets involves a risk of loss. Our videos and other content produced by Klarenbach Research are for informational, educational, or entertainment purposes only and do not constitute trading or investment recommendations or advice. Subscribe to the free Klarenbach Grain Report newsletter: •  https://www.grainreport.klarenbach.ca/ [https://www.grainreport.klarenbach.ca/] Subscribe to the free Klarenbach Special Crops Report newsletter: • https://specialcropsreport.klarenbach.ca/ Grab your risk-free 30-day trial to one of Klarenbach Research's newsletters: • https://www.klarenbach.ca/pricing [https://www.klarenbach.ca/pricing] Learn more at https://www.klarenbach.ca/ [https://www.klarenbach.ca/] Have a question for Trent? Join the Klarenbach Research Telegram Group: https://t.me/klarenbachresearch [https://t.me/klarenbachresearch] Follow Trent on X: https://twitter.com/TrentKlarenbach [https://twitter.com/TrentKlarenbach] Follow Trent on Barchart: https://www.barchart.com/news/authors/392/trent-klarenbach [https://www.barchart.com/news/authors/392/trent-klarenbach] Follow Trent on TradingView: https://www.tradingview.com/u/Trent.klarenbach/ [https://www.tradingview.com/u/Trent.klarenbach/] Follow the Klarenbach Research LinkedIn Page: https://www.linkedin.com/company/klarenbach-research [https://www.linkedin.com/company/klarenbach-research] #CommodityTrading #GrainMarkets #TechnicalAnalysis #Agriculture #grain #grainmarket #wheat #futures  Klarenbach Research | Trent Klarenbach

Allan Johnston on Building Johnston’s Grain and Growing from a Farm Garage to 35 Employees

Trent Klarenbach interviews Allan Johnston, founder of Johnston’s Grain in Welwyn, Saskatchewan, about growing up on a farm near Moosomin, early interests in machinery, and adopting continuous cropping after witnessing severe soil drifting on neighboring fields.  Johnston describes losing heavily during early-1980s drought and high interest rates, quitting farming in 1986 to protect family land, and entering grain marketing through Capital Grain and mentorship from Don Monroe.  He recounts building a mustard business with buyers like PJ Anderson, Elders Grain, and Humboldt Flour Mills, early struggles with cash flow and farmer reliance on the Canadian Wheat Board, and persistence through setbacks.  Johnston details expansion into DTN market information, poly bag sales, and later major growth under his son Chevy and partner Joel into chemicals, regenerative products, agronomy, and fertilizer, crediting the end of the Wheat Board monopoly and family support. 00:00 Show Intro Guest Reveal 00:35 Welwyn Roots Settlers 01:45 Farm Kid Machine Obsession 03:11 Versatile Tractors Combine Tales 05:58 Continuous Cropping Wind Lesson 08:25 Dad Livestock Legacy Loss 09:01 Seeding Gear Morris Drill 10:51 Drought Debt Quitting Farming 12:11 Starting Johnston Grain Marketing 14:31 Learning Futures Fax Era 15:24 Mustard Breakthrough US Buyers 17:59 Elders Grain Payment Drama 22:44 Trade Show Growth Early Struggles 25:23 Garage Office Poly Bag Pivot 27:31 Scaling Up Employees New Ventures 29:07 Generic Chemicals China Sourcing 31:20 Beating Input Prices 32:06 Hiring Joel and Ottawa Trip 34:42 Fighting Wheat Board Monopoly 36:27 DTN Breakthrough in Canada 38:59 Information Wins Markets 40:57 Scaling Through Great Hires 45:25 Family Travel and Next Gen 47:04 Chemical Risk and Recovery 48:39 New Products and Farmer Due Diligence 52:20 Wheat Board Cash Flow Reality 57:01 Biggest Life Impacts 59:06 Johnstons Daily and Wrap Up Disclaimer: Trading in the financial markets involves a risk of loss. Our videos and other content produced by Klarenbach Research are for informational, educational, or entertainment purposes only and do not constitute trading or investment recommendations or advice. Subscribe to the free Klarenbach Grain Report newsletter: •  https://www.grainreport.klarenbach.ca/ [https://www.grainreport.klarenbach.ca/] Subscribe to the free Klarenbach Special Crops Report newsletter: • https://specialcropsreport.klarenbach.ca/ Grab your risk-free 30-day trial to one of Klarenbach Research's newsletters: • https://www.klarenbach.ca/pricing [https://www.klarenbach.ca/pricing] Learn more at https://www.klarenbach.ca/ [https://www.klarenbach.ca/] Have a question for Trent? Join the Klarenbach Research Telegram Group: https://t.me/klarenbachresearch [https://t.me/klarenbachresearch] Follow Trent on X: https://twitter.com/TrentKlarenbach [https://twitter.com/TrentKlarenbach] Follow Trent on Barchart: https://www.barchart.com/news/authors/392/trent-klarenbach [https://www.barchart.com/news/authors/392/trent-klarenbach] Follow Trent on TradingView: https://www.tradingview.com/u/Trent.klarenbach/ [https://www.tradingview.com/u/Trent.klarenbach/] Follow the Klarenbach Research LinkedIn Page: https://www.linkedin.com/company/klarenbach-research [https://www.linkedin.com/company/klarenbach-research] #CommodityTrading #GrainMarkets #TechnicalAnalysis #Agriculture #grain #grainmarket #wheat #futures  Klarenbach Research | Trent Klarenbach

Fusion Grain Ventures with Justin Kelly, Taylor and Riley Wallace | The Trent Klarenbach Podcast

Innovative Farm Partnerships: Combining Resources for Greater Efficiency In this episode, we explore the fascinating journey of two farm operations merging to form a joint venture, discovering the complexities and benefits that come along with it.  Hosted by Trent, Taylor Wallace and Riley dive deep into their backgrounds, their decision to merge, and the processes they established to ensure success.  They touch on topics like labor efficiency, equipment utilization, and management specialization.  This engaging conversation sheds light on the importance of good planning, building business structures, and the potential of farm partnerships to elevate productivity and enjoyment in farming.  Perfect for anyone interested in farm management, business partnerships, and agricultural innovation. 00:00 Setting Up the Podcast 01:04 Casual Conversations and Introductions 02:20 Background Stories of the Farmers 05:02 The Farming Venture: Combining Forces 07:06 Challenges and Strategies in Modern Farming 13:20 The Importance of Business Structure and HR 37:57 Conflict Resolution and Future Planning 41:16 Understanding Team Dynamics 41:52 Identifying and Leveraging Strengths 44:03 Succession Planning and Future Opportunities 47:35 The Importance of Enjoying Your Work 49:18 Hiring and Training Strategies 01:07:06 Balancing Family and Business 01:14:48 The Value of Collaboration 01:16:43 Conclusion and Final Thoughts Disclaimer: Trading in the financial markets involves a risk of loss. Our videos and other content produced by Klarenbach Research are for informational, educational, or entertainment purposes only and do not constitute trading or investment recommendations or advice. Subscribe to the free Klarenbach Grain Report newsletter: •  https://www.grainreport.klarenbach.ca/ [https://www.grainreport.klarenbach.ca/] Subscribe to the free Klarenbach Special Crops Report newsletter: • https://specialcropsreport.klarenbach.ca/ Grab your risk-free 30-day trial to one of Klarenbach Research's newsletters: • https://www.klarenbach.ca/pricing [https://www.klarenbach.ca/pricing] Learn more at https://www.klarenbach.ca/ [https://www.klarenbach.ca/] Have a question for Trent? Join the Klarenbach Research Telegram Group: https://t.me/klarenbachresearch [https://t.me/klarenbachresearch] Follow Trent on X: https://twitter.com/TrentKlarenbach [https://twitter.com/TrentKlarenbach] Follow Trent on Barchart: https://www.barchart.com/news/authors/392/trent-klarenbach [https://www.barchart.com/news/authors/392/trent-klarenbach] Follow Trent on TradingView: https://www.tradingview.com/u/Trent.klarenbach/ [https://www.tradingview.com/u/Trent.klarenbach/] Follow the Klarenbach Research LinkedIn Page: https://www.linkedin.com/company/klarenbach-research [https://www.linkedin.com/company/klarenbach-research] #CommodityTrading #GrainMarkets #TechnicalAnalysis #Agriculture #grain #grainmarket #wheat #futures  Klarenbach Research | Trent Klarenbach