Canola Near $700: Is the Rally Over? Guest | Trent Klarenbach

In episode 112 of the What the Futures Podcast, Ryan Denis interviews Trent Klarenbach in Camrose, Alberta as November canola approaches $700, discussing key resistance levels, whether the move is a bear-market rally, and why growers should position for both downside protection and upside potential. Ryan shares show updates, a March 1–April 11 hat design contest supporting the Canadian Center for Agricultural Wellbeing, and sponsor notes on John Deere Operations Center. The mailbag covers put options vs futures-first contracts, choosing hedge months, and how to think about percent sold when yields are uncertain, plus broker suggestions including Simpson Caputo Group, JGL Capital, and Simple Hedge. Positive moments include a successful long-dated canola target sale and a top-priced feed barley sale. Sabrina from UPL explains herbicide layering research for herbicide-resistant wild oats and highlights battalion’s multi-mode broadleaf and wild oat control.

00:00 Canola Near $700

04:54 Hat Contest Launch

08:46 Trent Interview Begins

09:48 Canola Pullback Signals

12:59 Bear Rally or Bull Turn

14:46 Market Structure and Land

17:06 Specialty Crops and Corn

19:45 Positive Moments Roundup

25:04 2027 Canola Targets

29:32 Timing New Crop Sales

34:46 Choosing a Futures Broker

48:54 UPL Products Spotlight

50:41 Eating Your Veggies

52:43 Final Sign Off