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Episode Description
From Rural Saskatchewan to Global Canola Markets: Shaun Wildman on Trading Floors, Pulses, and Viterra
Trent Klarenbach interviews lifelong friend Shaun Wildman of Flaxcombe, Saskatchewan, tracing his path from rural hockey and Ag Economics at the University of Saskatchewan to a career in commodities.
Wildman describes early brokering at Rayglen Commodities, arbitrage opportunities in special crops, and his time on the Chicago Board of Trade and Winnipeg Commodity Exchange during the open-outcry era.
He explains moving into futures brokerage and then into Saskatchewan Wheat Pool/Xcan, where he learned pulse trading under tight margins before advancing into canola and destination export markets, including a dominant role in China.
Wildman discusses company restructuring under Mayo Schmidt, Viterra’s growth and sale to Glencore, risk and default realities in global trade, and his current focus on investments, some futures and stock trading, and pursuing a real estate license to advise on farmland.
00:00 Welcome and Guest Intro
00:59 Growing Up Rural Saskatchewan
02:16 Hockey Roads and Blizzard Stories
05:47 University Days and Public Speaking
07:47 Rayglen Commodities and Early Arbitrage
11:29 Chicago Trading Floor Experience
16:31 Winnipeg and Open Outcry Chaos
27:13 Xcan and Pool Hedging Desks
30:01 Switch to Cash Trading Lentils
31:59 Early Risky Export Trades
33:56 Pulses Desk to Canola
34:39 FOB Strategy and Partners
36:06 China Market Power Era
36:51 Small Volume Big Intensity
39:24 Market Shocks and Defaults
44:02 Natural Margins and Cycles
48:40 Wheat Pool Restructuring
49:45 Mayo Vision and Growth
52:26 Glencore Acquisition Shift
56:23 Trading vs Marketing Stress
59:26 Life After Trading
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