Klarenbach Research

06/25/2026

Financed farmland at just over 2% five years ago, now refinancing at over 4%. Interest rates have doubled, meaning higher monthly payments despite principal repayment. Incredible gains in farming technology, like 30-bushel durum yields in drought conditions, are unbelievable.

06/24/2026

What up, Urea?

Broken below previous resistance on this monthly chart.

Setting up for a new low on monthly RSI.

06/24/2026

🚜🌾 Canada Loosens Pesticide Rules, Sparking Trade-Access Warning 🌾🚜

Happy Wednesday, agri-friends!

Grab your Timmies and let's dive into today's hot topic from The Daily Kernel.

Ottawa has quietly loosened the rules on banned sprays with Bill C-30, allowing cabinet to greenlight them for six years.

But there's a catch - a senator warns this could jeopardize the very export markets we're aiming for.

With the USMCA review clock ticking towards early July, the U.S. farm lobby is pushing hard for renewal.

Meanwhile, canola is making a comeback, but Chicago wheat is facing challenges.

📊 Quick Stats:
- Canola: $737.70/t 📈
- Chi Wheat: 586¾¢ 📉
- AB Cattle: $350/cwt 📉
- Diesel: $1.95/L 📉
- Loonie: 0.704 📉

Stay informed and read more about how these changes could impact our trade and agricultural landscape.

Check out the full article here: https://www.dailykernel.klarenbach.ca/p/canada-loosens-pesticide-rules-sparking-trade-access-warning

Bill C-30 hands cabinet the power to override Health Canada on banned sprays for six years. What it means for Prairie canola, pulses, and the July USMCA review.

06/24/2026

🌾 Yellow Peas Market Alert: Caution Ahead! 🌾

Are you keeping an eye on the Canadian yellow peas market? Our latest analysis in the Klarenbach Special Crops Report dives deep into the technical outlook, revealing key insights you won't want to miss.

📈 As we near the end of Q2 2026, yellow peas are on track for their highest quarterly close since Q2 2025.

But what does this mean for future trends?

Our expert breakdown covers:

🔹 Quarterly Dynamics: Discover how current price actions are challenging past resistance and what this indicates about market momentum.

🔹 Trend Line Caution: We revisit historical trend lines from 2006 and 2019 to understand why the current retest on the monthly chart demands careful attention.

🔍 By applying Fibonacci retracement techniques and trend analysis, we uncover structural support and resistance levels that are often overlooked.

Understanding these dynamics is crucial for navigating the current market volatility.

Join us as we interpret the data and map out the market's future. Dive into the full report here: https://specialcropsreport.klarenbach.ca/p/yellow-peas-technical-outlook-monthly-trendlines-signal-caution

Stay informed with the Klarenbach Special Crops Report for timely market prices and analysis on pulses, oilseeds, and specialty grains.

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Chart review of Canadian yellow peas pricing trends, evaluating long-term monthly trendline resistance alongside critical quarterly Fibonacci retracement levels

06/24/2026

📉 Gold Just Lost the $4,000 Handle! 📉

Happy Thursday, Commodity Apes! Grab your coffee and brace yourself for a wild ride in the metals market. ☕

The board's painted red, and the U.S. dollar's holding the brush.

Gold has cracked the $4,000 line for the first time since November, with silver dropping over 5% and copper leaking alongside it.

The whole metals complex is trading like one giant bet on the dollar and rates.

Today, the macro's driving the bus, and the juniors are just hanging on.

📊 Quick Stats:
🥇 Gold (spot) — $3,979/oz 📉
🥈 Silver (spot) — $58.15/oz 📉
🔌 Copper — $6.11/lb 📉
☢️ Uranium (U₃O₈ spot) — $85.75/lb 📉
🍁 TSX-V Composite — ~963 📉
💵 U.S. Dollar (DXY) — 101.6 📈

One number explains the whole board: the dollar at a 52-week high. When the greenback rips, dollar-priced metals get sold — gold, silver, and copper all took a hit.

Dive deeper into the chaos and see how driverless rigs and Athabasca are lighting up the Geiger counter.

Don't miss out on the full story!

Read more: https://commodityape.beehiiv.com/p/gold-loses-the-4-000-handle-and-the-dollar-s-got-the-hammer

06/24/2026

🌾 Canaryseed Market: Technical Trends & Price Signals 🌾

Is the canaryseed market merely consolidating, or are we on the brink of a significant trend change?

📈 Our latest analysis dives deep into the technical trends shaping Saskatchewan canaryseed prices.

Despite prolonged sideways consolidation, the index holds above the critical 18¢ level, which delivered support.

In this week's Klarenbach Special Crops Report, we explore:
- Critical Support Zones: Monitoring the 18.5-cent threshold and analyzing the strength of support at 18 cents.
- Exclusive Technical Patterns: Discover how Fibonacci retracement levels are influencing price stability.
- Momentum Indicators: A bullish divergence between price and RSI, plus a potential MACD crossover, hints at building market momentum.

Don't rely on market guesswork.

Gain the data-driven insights you need to navigate these sideways markets. 📊

Read more: https://specialcropsreport.klarenbach.ca/p/canaryseed-market-technical-trends-price-signals

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Technical analysis of Saskatchewan canaryseed prices as the index holds above critical 18¢ delivered support despite prolonged sideways consolidation.

06/24/2026

Forget ideology. We need to focus on what practically benefits people and communities. It's about pragmatism, not just ideals.

06/23/2026

🚀 Dive into the depths of discovery with Commodity Ape! 🌟

Happy Wednesday, commodity enthusiasts! Grab your double-double and loupe, because today's newsletter is packed with thrilling updates from the mining world.

🔍 West Point Gold has struck gold in Arizona, hitting a high-grade zone 250 meters down that's still wide open for exploration.

Meanwhile, AI is revolutionizing the field by logging drill core right at the rig and sending data off-site via Starlink.

📉 Despite the excitement, gold, silver, and copper are feeling the pressure, with copper slipping to a four-week low.

The strong U.S. dollar is keeping metals on their toes, but it's also easing drilling costs for Canadian juniors.

📊 Commodity Ape Quick Stats:
🥇 Gold (spot) - ~$4,125/oz
🥈 Silver (spot) - $62.34/oz
🔌 Copper - $6.24/lb
☢️ Uranium (U₃O₈ spot) - ~$85/lb
🍁 TSX-V Composite - ~965
💵 U.S. Dollar (DXY) - ~101

Stay ahead of the curve with your daily dose of raw, wild commodity hype.

Don't miss out on the latest drill hits, deals, and speculation.

Read more: https://commodityape.beehiiv.com/p/a-quarter-klick-down-west-point-still-hits-18-g-t-gold

High-grade gold extends to depth in Arizona, AI logs core at the rig, and Getty Copper cores 342 m in B.C.

06/23/2026

🌾📉 Market Update Alert! 📈💰

Silver takes a nosedive, dropping 5.4%, while gold slips below $4,135.

It's a tough day for wheat as all three boards see red, with Minneapolis wheat down 4%.

Meanwhile, soybeans and meal manage to stay in the green, thanks to biofuel and crush demand.

Crude oil eases to $73.

Stay informed with The Daily Board - your go-to source for market insights on corn, soybeans, wheat, canola, crude, natural gas, gold, and silver.

Get the full scoop on today's market movements and what they mean for you.

Read more: https://www.dailyboard.klarenbach.ca/p/silver-craters-5-wheat-tumbles-as-beans-hold-green

Silver dives 5.4% and gold slips under $4,135; all three wheat boards bleed — Minneapolis −4% — while soybeans and meal squeak higher and crude eases to $73.

06/23/2026

🌾 CBSA Launches Wheat Gluten Dumping Probe on EU, UK Imports 🌾

👋 Happy Tuesday, agri-friends! Grab your coffee and let's dive into today's hot topics in agriculture.

The Canada Border Services Agency is stirring the pot with a new investigation into wheat gluten imports from Italy, Poland, and the UK.

Are these imports being dumped?

Ottawa's on the case!

But that's not all. The Monette feedlot fight is heating up at Lac Pelletier, a GPS-light robo-tractor is eyeing Canada, and canola is making a comeback.

Plus, cattle prices are holding steady near record highs, and the Loonie is testing its limits.

📊 Quick Stats:
- Canola: $735/t 📈
- Chi Wheat: 597½¢ 📉
- AB Cattle: $350/cwt ➡️ steady
- Diesel: $2.00/L 📉
- Loonie: 0.705 📉

Stay informed with The Daily Kernel's light take on agriculture news.
For more details, check out the full article here: https://www.dailykernel.klarenbach.ca/p/cbsa-launches-wheat-gluten-dumping-probe-on-eu-uk-imports

Canada's border agency probes wheat gluten dumping from Italy, Poland and the UK. Plus the Monette feedlot fight at Lac Pelletier and a robo-tractor eyeing Canada.