Markets and Drivers of Supply and Demand in Pulses With Chuck Penner

Chuck Penner founded Leftfield Commodity Research in 2010. The company provides market analysis and economic research focused on the crops that are important to farmers in Western Canada and the northern parts of the US. Penner shares about the global marketplace for peas, chickpeas and lentils. This episode was recorded on January 10th, 2025.

“ One of the things that I've been telling Canadian farmers… is to forget about being the only show in town anymore. Now you have Australia producing more red lentils than Canada does. You have Russia, you have Kazakhstan, and you have the US production going up there as well too…So you need to think globally about not just demand, but the supplies as well.” - Chuck Penner

Penner shares about drivers both on the supply side and the demand side that are impacting the trajectory of these global and domestic markets. Through his many newsletters and research projects he aims to keep producers informed about the current state of industries they need to know about. He shares the potential impact on the pulse crop market of different tariffs and what that could mean for producers

“ In some ways geopolitics is a factor that's always there, but this year it's kind of amped up a lot and not just in Canadian-US trade, but Canada and India and Canada and China and those types of things where you have potential for those sudden moves.”  - Chuck Penner

This Week on Growing Pulse Crops:

• Meet Chuck Penner founder of Leftfield Commodity Research where they provide market analysis and economic research focused on the crops in Western Canada and the northern parts of the US
• Explore the potential impact of tariffs on the pulse crop markets and what producers need to know
• Discover the growing global pulse crop markets and the impact that can have on North American prices

Growing Pulse Crops is produced by Dr. Audrey Kalil and hosted by Tim Hammerich of the Future of Agriculture Podcast.