What the Futures!

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 2027Whether 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 Highlights01:09 – Welcome to What The Futures16:16 – Hard Red Spring Wheat Spreads and Grain Discounts18:04 – The $10 Yellow Pea Opportunity20:04 – No. 3 Wheat Discounts: What Farmers Need to Know22:09 – Grain Contract Spreads and Delivery Disputes24:45 – Comparing Elevator Spreads and Protecting Your Grain Value31:54 – Song of the Week and Positive Moments41:00 – Wheat Futures, Basis Gains and Crop Marketing Strategy44:39 – Mike Murphy Joins: Introducing AG 36047:03 – Why Farmers Need Better Agricultural Technology49:53 – Streamlining Grain Marketing and Farm Management57:12 – How AI Can Help Farmers Make Better Decisions01:07:13 – Will AI Replace Crop Marketers?01:15:04 – Yellow Peas, Flax and Current Grain Prices01:16:19 – $18 Flax and Spring Wheat Near $1001:18:18 – Malt Barley and Crop Planning for 202701:20:01 – No. 3 Wheat: Negotiating Better Grain Deals01:22:33 – 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=bd51356530834599https://podcasts.apple.com/ca/podcast/what-the-futures/id1715185428🧑🏼‍🌾 Follow on Instagram and X for more market insights.https://www.instagram.com/whatthefuturespod/https://x.com/wtfuturespodEmail Ryan: [email protected] the Futures Podcast Website: https://www. whatthefuturespodcast.caThanks to our Sponsors :John Deere:https://operationscenter.deere.com/UPL:https://www.uplcorp.com/

00:00 – Spring Wheat Discounts & Harvest 202603:17 – High Diesel Prices Are Hurting Farm Margins05:50 – What Farmers Need to Know About Wheat Discounts16:27 – Interest Rates, the U.S. Dollar & Ag Markets18:43 – StatsCan Crop Production Numbers Explained22:48 – Lentils & Oats: Where Are Prices Headed?27:07 – Spring Wheat Discounts Across Grain Buyers30:59 – Why Number 3 Wheat Discounts Matter33:54 – Should Farmers Get an Independent Grain Grade?37:03 – Derryn Shrosbree & FarmStrong43:03 – Managing Uncertainty in Farm Decision-Making46:44 – Farm Succession & Planning for the Next Generation50:49 – Harvesting the City & Connecting Canadian Farmers55:48 – Current Grain Prices & Basis Movement58:12 – Harvest 2026: Negotiation & Marketing Strategy

Are grain merchants starting to feel the pressure as Harvest 2026 gets underway?In Episode 143 of the What The Futures Podcast, Ryan breaks down some major developments happening across the Western Canadian grain market, including a significant weather event across the Prairies, harvest delays, grain quality concerns, changing basis levels and what it could mean for farmers and grain buyers.We also sit down with Cody McNernie from O&T Farms to discuss the flax market, pulse markets, specialty crop purchasing, forward contracting and the relationship between farmers and processors. Cody explains how O&T Farms works directly with Prairie farmers to source flax and pulses for its value-added feed ingredient business.Later, Brian Comeault from Canadian Agriculture Markets joins the show to break down the latest StatsCan grain stocks and supply-and-demand numbers, including surprisingly tight canola ending stocks, heavier supplies of some pulse crops and what the data could mean for grain prices heading into the coming months.Brian also shares his outlook on a potential grain market correction, why farmers should expect corrections rather than fear them, and why the fundamentals could still look promising heading into late winter and spring 2027.🌾 In This Episode:00:00 Harvest 2026 Grain Market Update08:39 Cody McNerney Joins the Show | Flax & Pulse Markets12:15 How Processors Buy Directly From Farmers15:51 Why Forward Contracting Flax Is Becoming More Popular18:29 Flax Varieties & What Processors Are Looking For22:08 Flax & Pulse Price Outlook25:27 Crop Marketing Made Cool Conference & Farmer Opportunity37:40 Grain Merchants Are Back on the Ropes?41:04 Should Farmers Hold Their Best Quality Grain?42:26 Third-Party Grain Grading & Harvest Quality46:37 Brian Comeau Joins the Show | Harvest & StatsCan51:36 Durum, Wheat Premiums & Farmer Negotiating Power54:53 StatsCan Grain Stocks: What Stands Out?55:41 Tight Canola Stocks & the Canola Market Outlook58:25 Lentils, Peas & Oats: What's the Outlook?59:59 U.S. Drought, Winter Wheat & Bullish Market Factors1:02:22 Is a Grain Market Correction Coming?1:08:21 Yellow Peas, Wheat & Durum Prices Moving Higher1:10:11 Grain Discounts, Quality & Negotiating With Buyers1:12:36 Final Thoughts: Stay Sharp This HarvestIf you're a Canadian grain farmer, Prairie producer or agricultural professional, this episode covers some of the biggest issues facing grain producers right now — from canola prices and wheat markets to grain quality, basis, StatsCan stocks, harvest delays and crop marketing strategy.Topics Covered:- Canola prices and ending stocks- Wheat prices and spring wheat premiums- Durum prices and grain demand- Yellow peas and lentil markets- Flax prices and specialty crops- Grain merchant demand- Harvest 2026 weather challenges- Grain quality and third-party grading- StatsCan grain stocks- Grain basis and negotiating better prices- Forward contracting- Grain marketing strategy- Potential market corrections- 2027 grain market outlookAre farmers gaining leverage over grain merchants? And should you be holding your best-quality grain this harvest?Let us know what you're seeing in your area.Subscribe to What The Futures for weekly grain market analysis, commodity price outlooks, crop marketing strategies and conversations with farmers and agriculture industry experts across Western Canada.#GrainMarketing #Canola #Wheat #GrainMarkets #Farming #Agriculture #Harvest2026 #CanadianAgriculture #CanolaPrices #WheatPrices #Durum #Flax #Peas #CommodityMarkets #WhatTheFutures🎧 Listen to the show on the go.