# Canola Rally, Ugly Basis: Hedge or Wait?

Page: https://stenobird.com/podcast/what-the-futures-6675524/canola-rally-ugly-basis-hedge-or-wait
Text version: https://stenobird.com/podcast/what-the-futures-6675524/canola-rally-ugly-basis-hedge-or-wait.md
Podcast: [What the Futures!](https://stenobird.com/podcast/what-the-futures-6675524)
Published: 2026-06-16T18:46:02+00:00
Episode link: https://what-the-futures.castos.com/episodes/canola-rally-ugly-basis-hedge-or-wait
Audio file: https://episodes.castos.com/651d8de9cb8027-48221946/2495020/c1e-2q93ztqxv61a9o9xg-z31g5jg9a330-ubcfxu.mp3
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JSON: https://stenobird.com/v1/public/podcasts/what-the-futures-6675524/episodes/canola-rally-ugly-basis-hedge-or-wait
Duration seconds: 1361

## Resource

Canola futures are green, but prairie basis is still ugly. In today’s Cuppa Coffee, Ryan Denis breaks down canola, wheat, urea, UAN, crude oil, crop conditions, and crop marketing strategy with Evan Boyle from Simple Hedge. Canola was trading around $763/tonne, crude oil was under $78/barrel, urea was around $800/tonne, and wheat markets were trying to find support. Ryan and Evan discuss whether farmers should sell wheat rallies, whether canola basis is lagging futures, whether puts still make sense, and why relief rallies may be the marketing opportunity farmers cannot afford to ignore. Guest:Evan Boyle, Simple Hedge Thank you to our sponsorhttps://land4rent.com Subscribe for more Western Canadian grain market updates, canola futures, wheat markets, fertilizer pricing, basis conversations, and practical crop marketing strategy. #Canola #GrainMarkets #CropMarketing

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## Transcript

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