Canola Drops $50 Before Harvest: What Now?

Can canola prices move higher, or is another pullback coming? And what should farmers be watching as they make crop marketing and input purchasing decisions heading into 2027? On Episode 149 of What The Futures, Ryan Denis welcomes back Trent Klarenbach of Klarenbach Research to break down the latest technical signals in the agricultural commodity markets. From canola and wheat to specialty crops, fertilizer prices, crude oil and interest rates, this conversation explores the short-term, medium-term and long-term market outlook farmers need to consider. Trent shares his technical analysis of the markets, explaining why the outlook can look very different depending on your timeframe. While longer-term opportunities remain on the radar, near-term price volatility and potential pullbacks mean farmers need to be thoughtful about their marketing decisions. Ryan and Trent also discuss how to approach selling canola while managing the marketing of grade-sensitive crops like durum and large green lentils. With harvest results varying across Western Canada, knowing when to generate cash flow, when to wait for better pricing opportunities, and how to manage risk is more important than ever. They also dig into the potential impact of geopolitical uncertainty, crude oil prices, rising interest rates and fertilizer costs on farm profitability heading into the 2027 crop year. In this episode, we cover: - Canola price forecasts and key technical levels to watch - Short-term versus long-term grain market outlooks - Potential price pullbacks and opportunities for a rally - Specialty crop marketing strategies for durum and lentils - Managing cash flow while waiting for better crop prices - How geopolitical tensions and crude oil could influence agricultural markets - Fertilizer prices, input purchasing decisions and farm risk management - Interest rates and the broader economic outlook - New market analysis tools from Clare Back Research Plus, Ryan shares an update on the upcoming Crop Marketing Made Cool Conference in Brandon, Manitoba, and what's ahead for What The Futures as the show approaches Episode 150. If you're a farmer looking to improve your grain marketing strategy, understand commodity market trends and make better selling decisions for 2027, this episode is for you. Connect with Trent Klarenbach Explore Clare Back Research for technical analysis, market charts and trading signals. Crop Marketing Made Cool Conference 📍 Brandon, Manitoba 📅 December 1–2, 2026 Plan your 2027 crop marketing strategy and learn from farmers and industry experts. Subscribe to What The Futures for practical crop marketing conversations, grain market analysis and insights to help you make better farming decisions. 00:00 – Grain Market Outlook: Can Prices Move Higher Into 2027? 01:57 – What’s Changing for What The Futures? 06:33 – Trent Clare Returns for Episode 149 08:49 – Crop Marketing Made Cool: Conference Update 13:33 – Harvest Progress Across Western Canada 14:50 – Are Grain Markets Turning More Bullish? 15:56 – Canola and Wheat: Short-Term vs. Long-Term Price Outlook 17:15 – Specialty Crop Prices and Marketing Opportunities 18:28 – Selling Canola While Waiting on Durum and Lentils 21:26 – Canola Price Forecast: Key Levels to Watch 23:07 – Canola Technical Analysis and Potential Downside Risk 24:38 – Crude Oil, Geopolitics and the Impact on Grain Prices 27:04 – Interest Rates, Economic Uncertainty and Farm Finances 27:51 – Fertilizer Prices and 2027 Input Purchasing Decisions 31:39 – Clare Back Research: New Market Charts and Signals 32:53 – Clare Back Research Birthday Flash Sale 35:20 – Why Farmers Need Different Market Perspectives 36:03 – What’s Next for What The Futures? #WhatTheFutures #GrainMarketing #CanolaPrices #CropMarketing #GrainMarkets #FarmManagement #Agriculture 🎧 Listen to the show on the go. https://open.spotify.com/show/3xz7OvO7P0WDW8mAx25L1y?si=bd51356530834599 https://podcasts.apple.com/ca/podcast/what-the-futures/id1715185428 🧑🏼‍

Are fertilizer prices going to get even more expensive heading into the 2027 growing season? And with crop prices starting to soften, should Western Canadian farmers be locking in fertilizer and grain prices now — or waiting for a better opportunity? On Episode 148 of What The Futures, Ryan Denis breaks down the latest grain market trends, crop marketing opportunities, and fertilizer price outlook before sitting down with James Mitchell from Crop Management Network for an in-depth conversation about fertilizer markets heading into fall 2026. With global fertilizer supply under pressure, higher freight costs, a weaker Canadian dollar, and uncertainty surrounding international trade and shipping routes, the decisions farmers make this fall could have a major impact on next year's profitability. Ryan and James discuss the factors driving nitrogen, urea, phosphate, potash, and sulfur prices, why fertilizer costs may remain elevated, and whether farmers should start purchasing fertilizer for the 2027 crop. They also explore the relationship between grain prices and fertilizer demand, canola acreage expectations, and the risks of waiting too long for fertilizer prices to come down. Ryan also shares his latest crop marketing outlook, including some surprising cash grain prices across the Prairies. With yellow peas trading around $10.25/bushel in Alberta, maple peas near $11, oats at $4.50, and opportunities emerging in durum, wheat, and barley, farmers may have more marketing options than the headlines suggest. The key message? Know your numbers, check your local bids, protect profitable margins, and have a plan for 2027. Waiting for the perfect price can be costly, but making informed decisions based on your farm's profitability can help you manage risk in an unpredictable market.

Grain prices are moving higher, yellow peas are pushing toward $10/bushel, and farmers across the Prairies have some important crop marketing decisions to make. In Episode 147 of What The Futures, Ryan Denis breaks down the latest grain market opportunities, discusses how to protect your value when dealing with grain buyers, and sits down with Mike Murphy of AG 360 to explore how AI and technology are changing the future of farming. First, Ryan is joined by Sarah Cochet with Trigger to discuss hard red spring wheat spreads, No. 3 wheat discounts, and what happens when a farmer locks in a grain contract spread only to face resistance from the buyer at delivery. They dig into the importance of understanding elevator spreads, checking contract terms, and negotiating to protect your bottom line. Ryan also reviews the latest crop marketing opportunities across Western Canada, including yellow peas approaching $10/bushel, flax bids reaching $18/bushel, hard red spring wheat prices nearing $10/bushel in parts of Saskatchewan, durum opportunities, and malt barley prices. He also shares his thoughts on wheat futures, basis improvements, and preparing a crop marketing strategy for the 2027 growing season. Then, Mike Murphy joins the show to explain AG 360, an agricultural technology platform designed to bring farm data, equipment information, grain marketing, and farm management tools together in one place. They discuss how artificial intelligence can help farmers make better decisions, reduce time spent on spreadsheets, improve efficiency, and take emotion out of crop marketing decisions. In this episode, you'll learn about: - Yellow pea prices and the opportunity to capture stronger bids - Hard red spring wheat spreads and No. 3 wheat discounts - Grain contract negotiations and protecting your value at delivery - How to compare elevator bids and challenge questionable grading discounts - Current flax, wheat, durum, and malt barley price opportunities - Wheat futures, basis gains, and crop marketing strategy - AG 360 and the future of farm management technology - How AI can support farmers and crop marketers without replacing them - Building crop power rankings and planning profitability for 2027 Whether you're growing wheat, peas, flax, durum, or barley, this episode of What The Futures offers practical crop marketing insights to help you evaluate bids, negotiate grain contracts, and make more informed farm business decisions. Subscribe to What The Futures for weekly grain market updates, Canadian agriculture news, crop marketing strategies, commodity price discussions, and practical advice for farmers across the Prairies and Northern Plains. 00:00 – Yellow Peas Hit $10: Grain Market Highlights 01:09 – Welcome to What The Futures 16:16 – Hard Red Spring Wheat Spreads and Grain Discounts 18:04 – The $10 Yellow Pea Opportunity 20:04 – No. 3 Wheat Discounts: What Farmers Need to Know 22:09 – Grain Contract Spreads and Delivery Disputes 24:45 – Comparing Elevator Spreads and Protecting Your Grain Value 31:54 – Song of the Week and Positive Moments 41:00 – Wheat Futures, Basis Gains and Crop Marketing Strategy 44:39 – Mike Murphy Joins: Introducing AG 360 47:03 – Why Farmers Need Better Agricultural Technology 49:53 – Streamlining Grain Marketing and Farm Management 57:12 – How AI Can Help Farmers Make Better Decisions 01:07:13 – Will AI Replace Crop Marketers? 01:15:04 – Yellow Peas, Flax and Current Grain Prices 01:16:19 – $18 Flax and Spring Wheat Near $10 01:18:18 – Malt Barley and Crop Planning for 2027 01:20:01 – No. 3 Wheat: Negotiating Better Grain Deals 01:22:33 – Final Crop Marketing Advice #WhatTheFutures #GrainMarketing #GrainPrices #CropMarketing #CanadianAgriculture #WheatPrices #YellowPeas #FarmManagement #AgTech #ArtificialIntelligence 🎧 Listen to the show on the go. https://open.spotify.com/show/3xz7OvO7P0WDW8mAx25L1y?si=bd51356530834599 https://podcasts.apple.com/ca/podcast/what-the-futures/id1715185428 🧑🏼‍🌾 Follow on In