June 2 Grain Update: Canola $780 & Wheat Basis

Canola Hits $800: The Biofuel Story Nobody Saw Coming

Canola just hit $800/ton for the first time since 2023. This week Ryan Denis sits down with Susan Stroud from No Bull Ag to break down the surprising rally in canola, why U.S. biofuel policy may be driving the move, and what producers should consider as prices surge higher. They discuss renewable fuel mandates, RIN values, soybean oil demand, canola’s role in biofuels, risk management, and why some of the best sales happen when farmers feel the most uncomfortable. Plus: Western Ag joins the show to discuss CropCaster, fertility planning, yield forecasting, and how better agronomy data can improve crop marketing decisions. Guests: • Susan Stroud (No Bull Ag) • Blake Weiseth (Western Ag) Links Mentioned: • https://www.nobullag.com • https://www.ryandenis.ca • https://www.harvestprofit.com • https://www.deere.ca

June 2 Grain Update: Canola $780 & Wheat Basis

Grain markets are moving fast on June 2. Brian Comeault is filling in on Cuppa Coffee while Ryan is away, and John DePape joins the show to break down wheat basis, canola near $780, diesel price discovery, unseeded acres, and what Western Canadian farmers should be watching next. In this live grain market update, Brian covers canola futures, wheat pressure, soybeans, bean oil, crude oil, the Canadian dollar, Prairie rain delays, and diesel quotes that are getting farmers’ attention. Then John DePape explains why basis may matter more than many farmers think, why local bid competition can create major price differences, and why separating futures and basis decisions can be a powerful crop marketing strategy. Sponsored by Land for Rent / Land4Rent: https://land4rent.com/ Links mentioned: The Trading Floor: https://thetradingfloor.circle.so/c/start-here Land for Rent sponsor link mentioned in the episode: https://landforrent.com Possible active sponsor site to verify: https://land4rent.com Strategy Room registration: Link mentioned as being on What the Futures socials. Watch on YouTube  Follow What the Futures: Instagram: https://www.instagram.com/whatthefuturespod/ X: https://x.com/wtfuturespod Website: https://whatthefuturespodcast.ca Email Ryan: ryan@whatthefuturespodcast.ca #GrainMarkets #Canola #WheatBasis

Specialty Crops Update with Chuck Penner (Peas, Lentils, Durum) + Canola Near New Highs

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

Should Farmers Hedge Canola at $760?

Canola prices, wheat hedging, late seeding risk, feed barley, oats, diesel, and weather market pressure are all on the table in this Tuesday Cuppa Coffee livestream from What the Future’s Podcast. Ryan is joined by Quinton from JGL to talk through what farmers across the Prairies are watching right now, including canola hedge targets, wheat basis, seasonal market pressure, late planting concerns, export strength, and why weather may matter more than war headlines for grain and oilseed markets this week. Sponsored by UPL. ⏰ Timestamps 00:00 UPL Wave + fertilizer shock 00:48 Canola hedge target near $760 01:26 Wheat rally + hedge strategy 02:18 Barley, oats + diesel update 04:18 Weather risk, war headlines + late seeding 07:43 Quinton from JGL joins 09:45 Marketing decisions + seasonal highs 15:18 Options, downside protection + crop uncertainty

Delayed Seeding: Canola Rally or Trap?

Delayed seeding in Western Canada, canola prices near recent highs, spring wheat drought risk, barley bids, and 2026 crop marketing strategy are all on the table in this episode of What the Futures Podcast. Ryan Denis is joined by Brian Comeault of Ireland Comeault Lafoy / Canadian Ag Markets to break down what Prairie seeding delays could mean for canola, why canola puts may be worth a look, how U.S. wheat conditions could shape spring wheat, and what farmers should be watching before the next major market move. Guest: Brian Comeault, Canadian Ag Markets / Ireland Comeault Lafoy Links mentioned: Ryan’s email list: https://www.ryandenis.ca What the Futures Podcast: https://www.whatthefuturespodcast.ca Canadian Ag Markets YouTube: https://www.youtube.com/@CanadianAgMarkets Ireland Comeault Lafoy: https://www.irelandcomeaultlafoy.com [https://www.irelandcomeaultlafoy.com] Canadian Ag Markets trial/subscription info: https://buy.stripe.com/bJe28r0A9cLg81r8ni6Vq05 Harvest Profit: https://www.harvestprofit.com John Deere Operations Center: https://www.deere.ca/en/technology-products/precision-ag-technology/operations-center/ UPL WAVE Biostimulant: https://www.uplcorp.com/ca/product-details/wave-biostimulant Email Ryan for futures updates: ryan@whatthefuturespodcast.ca Timestamps: 00:00 Seeding delays, canola, and wheat market setup 00:44 UPL WAVE and sponsor intro 01:30 Fertilizer market episode mention 02:20 Ryan’s seeding update and safety reminder 07:40 Brian Comeault joins 08:08 Prairie seeding delays and canola impact 10:14 Three drivers behind canola strength 14:33 2022 planting-delay comparison 17:06 Marketing differently in 2026 18:16 Canola risk tools and put options 25:12 U.S. wheat conditions and Kansas wheat tour 27:01 Spring wheat, drought risk, and 2017 comparison 31:16 Barley bids and export strength 32:22 Acreage shifts from delayed seeding 38:38 Ryan’s market update 40:40 Eating Your Veggies: targets, yield checks, puts 43:09 Planting playlist and final CTA #Canola #CropMarketing #WheatMarkets