Episode
Middle East Conflict, Fertilizer Costs & 2026 Acreage Outlook | Chuck Penner
- Podcast
- What the Futures!
- Published
- Mar 6, 2026
- Duration seconds
- 4440
- Processing state
not_requested
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Summary
In episode 113 of the What The Futures Podcast, Ryan discusses market volatility amid escalating conflict in the Middle East, with canola trading over $700/tonne and energy markets rising, and emphasizes having crop and input risk-management strategies. He shares a personal reflection on his daughter Eva’s birthday and announces a charity auction supporting the perinatal bereavement program at the Lois Hole Hospital for Women in Edmonton and the Briar Patch Community Preschool. Pro Grow Agriculture’s Maury Mli joins to discuss tightening farm budgets, using precision/variable-rate planning, and notes most farmers have fertilizer booked despite higher prices. LeftField Commodities’ Chuck Penner returns from vacation to cover Canadian acreage expectations, improved China trade for canola seed, peas and canola meal, potential Middle East shipping risks for pulses, weak new-crop bids/basis, and limited upside for canary seed. 00:00 Episode Preview and Guests 04:56 Eva’s Story and Family Week 09:02 Charity Auction for Eva 14:19 Hat Design Contest Returns 15:32 Market Sizzle and Sponsors 17:37 Interview Maury Pro Gro 29:16 Crop Mix and Input Reality Check 31:57 Crop Marketing Strategies Now 37:23 Chuck Penner Joins Fresh Off Beach 52:36 Rotation Reality Check 55:36 New Crop Contracting 58:28 Basis and Hedging Talk 01:02:17 Canary Seed Outlook 01:06:22 Workshops and Seasonals 01:10:01 Final Tips and Wrap