Insights and Stories of Phil Franz-Warkentin

Ukrainian grain exports to fall in 2024/25: USDA attaché

Oct. 29, 2024 at 2:16 pm CDT

Ukrainian grain exports are expected to be down in the 2024/25 marketing year due to smaller crops, tighter carryout stocks and the ongoing challenges of shipping through the Black Sea, according to the United States Department of Agriculture’s Foreign Agricultural Service in Kyiv.

Fund short position in canola smallest in six months

Oct. 28, 2024 at 1:29 pm CDT

By Phil Franz-Warkentin

Prairie wheat bids mixed as U.S. futures, loonie weaken

Oct. 24, 2024 at 4:27 pm CDT

By Phil Franz-Warkentin

Prairie feed grains market watching U.S. corn

Oct. 24, 2024 at 2:11 pm CDT

By Phil Franz-Warkentin

Manitoba harvest nearly done, only corn/sunflowers left

Oct. 24, 2024 at 8:49 am CDT

By Phil Franz-Warkentin

Larger stocks limiting price outlook for lentils/peas

Oct. 22, 2024 at 3:11 pm CDT

An expected increase in Canadian lentil and pea exports in 2024/25 is unlikely to result in higher prices, as increased production should cause the stocks-to-use ratios to widen.

By Phil Franz-Warkentin

AAFC lowers canola ending stocks estimate

Oct. 22, 2024 at 8:21 am CDT

Canadian canola ending stocks for the 2024-25 marketing year are forecast to be tighter than earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Oct. 21.

By Phil Franz-Warkentin

Fund short position in canola dips for fourth week

Oct. 21, 2024 at 11:27 am CDT

The net fund short position in canola declined for the fourth week in a row in mid-October, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Western Canadian wheat bids soften with U.S. futures

Oct. 18, 2024 at 3:05 pm CDT

Hard red spring wheat bids in Western retreated from their recent highs during the week ended Oct. 17 as a downturn in the United States futures weighed on prices.

By Phil Franz-Warkentin

ICE canola weekly outlook: Weak soybeans a “problem”

Oct. 16, 2024 at 3:53 pm CDT

The ICE Futures canola market backed away from nearby highs during the week ended Oct. 16, as losses in Chicago soybeans and soyoil weighed on values. With the canola harvest in its final stages across Western Canada, the market will likely settle in a sideways range while looking to outside influences for direction.

By Phil Franz-Warkentin