Insights and Stories of Phil Franz-Warkentin

Sep. 25, 2024 at 3:58 pm CDT

Canadian wheat ending stocks for the 2024-25 marketing year are forecast to be well above earlier expectations, says Agriculture and Agri-Food Canada.

By Phil Franz-Warkentin

Sep. 25, 2024 at 2:44 pm CDT

Optimism over increased Chinese demand along with weather concerns in Brazil gave the Chicago soybean market a boost and triggered some fund short covering over the past week, but the futures will likely face stiff resistance to the upside going forward.

By Phil Franz-Warkentin

Sep. 23, 2024 at 2:56 pm CDT

The net fund short position in canola grew in mid-September, as speculative selling took the futures to contract lows, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Sep. 20, 2024 at 12:03 pm CDT

Hard red spring wheat bids in Western Canada moved lower during the week ended Sept. 19, as losses in the United States futures and seasonal harvest pressure weighed on values.

By Phil Franz-Warkentin

Sep. 19, 2024 at 1:39 pm CDT

Canadian purchases of corn from the United States are off to a slow start in the 2024-25 marketing year, with ample old crop barley supplies likely limiting demand.

By Phil Franz-Warkentin