Oat prices have rallied over the last three weeks due to the poor harvest conditions in Western Canada. The December futures contract in Chicago has climbed more than 20 percent since the start of the month — from US$1.76/bu to around $2.15/bu. “Earlier it looked like we were going to have plenty of oats out there,” says Chuck Penner… Read More

Strong new crop prices for flax are expected to drive acres higher again in 2015. “The economics of flax currently make a lot of sense. There are a number of new crop bids in the $12.50 (per bushel) range. Compared to other crops that’s quite profitable, and compared to history that’s quite profitable, so I… Read More

After trading at a significant discount to soybeans last year, contrasting production scenarios have resulted in canola gaining value relative to soybeans over the last few months. “Historically canola futures have traded $80, sometimes even $100 higher than soybeans. Last year was exactly the opposite,” explains Chuck Penner of LeftField Commodity Research. “What we’re starting… Read More

If you cannot see the above embedded audio player, CLICK HERE According to Chuck Penner, LeftField Commodity Research, everyone was waiting for the USDA planting intention report with baited breathe but what shocked (or maybe not) the market was the stocks report. Farmers holding onto old crop crop corn and wheat without unhedged are feeling… Read More

The world almost ended twice in 2012.  Farmers had to beware of the Mayan calendar but also earlier in the year the CWB officially lost it’s monopoly on the sale of wheat in Canada. Some people predicted armageddon, while others believed that the benefits were huge.  Chuck Penner, LeftField Commodity Research talked to me on… Read More

The Canadian pulse industry can be proud of what it has accomplished in a relatively short time. From a tiny slice of the acres, to a set crop in many farmers’ rotation, pulses are a made-in-Canada success story. SEE MORE PULSE SCHOOL EPISODES Pulse growers have enjoyed steady growth of their industry and international markets… Read More