David Nobbs on Special Crops: Lentils, Canaryseed and Peas: Big Supplies and Iran-Dubai Disruptions

April 9
48 mins

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Episode Description

Is the Special Crops market finally hitting bottom? 🌾

In this episode of the Trent Klarenbach Podcast, we are joined by David Nobbs of Harvest Grain for a critical update on the special crops market as of April 8, 2026. 

With seeding just around the corner, David shares his "spreadsheet meeting" insights on navigating one of the most complex marketing years in recent memory.

We dive deep into how the Iranian war and geopolitical tensions have disrupted shipping routes into Dubai—a major hub for Canadian lentils—and what the resulting "hangover effect" means for your 2026 price targets. 

Whether you are deciding between Lairds, Estons, or making a last-minute shift to Canary Seed, this discussion provides the boots-on-the-ground perspective you need.

Key Topics Covered:

The Geopolitical Shift:


How the conflict in the Middle East is hammering containerized shipping and rail freights.

Lentil Deep Dive:


Analysis of the 1.7 million tonne carryout and why the Red lentil rally might be a "head fake".

Canary Seed Bottom? 

David explains why he is actually increasing his canary seed acres despite the five-year bearish trend.

Pea Market Outlook:

The impact of Chinese tariffs, the lack of early-season movement, and the one "bright spot" in green peas.

Seeding Decisions 2026:


Navigating $1,300/ton urea and the risks of "cowboy" farm management in a volatile year.

Timestamps:

00:00 – Welcome & Special Crops Series Intro 

01:10 – Impact of the Iranian War & Diesel Costs 

03:15 – Lentil Production Numbers & Carryout Projections 

08:30 – The Dubai/Iran Shipping Bottleneck Explained 

13:10 – Eston vs. Laird Marketing Windows 

16:50 – Canary Seed: Finding Support at 20 Cents? 

22:50 – Durum & North African Growing Conditions 

26:30 – Pea Market: China, Tariffs, and Green Pea Firmness 

33:45 – Trent’s Technical Analysis Index & Price Targets 

44:30 – Final Seeding Intentions: To Shift or Not to Shift? About Our Guest:

David Nobbs is with Harvest Grain in Saskatoon, SK. 

He brings decades of experience in both farming and international grain pulse trading.

Connect with Trent Klarenbach:

Subscribe to the Klarenbach Grain Report and the Klarenbach Special Crops Report for daily technical analysis and market trends.

#AgBusiness #Lentils #Farming2026 #CanarySeed #PeaMarket #GrainMarketing #SaskAg #TrentKlarenbach #HarvestGrain

Disclaimer:

Trading in the financial markets involves a risk of loss. Our videos and other content produced by Klarenbach Research are for informational, educational, or entertainment purposes only and do not constitute trading or investment recommendations or advice.

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Klarenbach Research | Trent Klarenbach


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