Canola, Yellow Peas & Wheat: What to Sell Right Now (Jan 27th Market Update)
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Canola, Yellow Peas & Wheat: What to Sell Right Now (Jan 27th Market Update)
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In this episode of 'What The Futures' hosted by Ryan, various agricultural market trends are explored. The discussion opens with questions on the canola market, addressing concerns about sales strategies amidst improving basis levels and climbing futures. The yellow pea market is analyzed next, noting a significant price increase due to China removing tariffs. Wheat market fluctuations, affected by weather events in the US, are also examined. Guest analyst Trent shares insights on canola and wheat futures, emphasizing current resistance levels and potential market pullbacks. The episode concludes with market advice on pricing strategies and highlights on new crop forecasts. Join us for an in-depth look at these critical market trends and more.
00:00 Introduction and Viewer Questions
00:01 Canola Market Analysis
00:44 Yellow Pea Market Update
01:17 Futures Market Overview
01:57 Weather Impact on Crops
02:57 South American Crop Insights
03:45 Canadian Canola Exports to China
04:35 Guest Analyst Discussion
08:21 Wheat Market Trends
10:53 Final Thoughts and Wrap-Up
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