Insights and Stories of Phil Franz-Warkentin

Jul. 2, 2024 at 1:32 pm CDT

Farmers in the United States planted considerably more pulse crops in 2024 than originally projected, according to updated acreage data from the U.S. Department of Agriculture released June 28.

By Phil Franz-Warkentin

Jun. 27, 2024 at 10:51 am CDT

Canadian farmers planted more canola and less wheat than originally intended, according to updated acreage estimates from Statistics Canada, released June 27.

By Phil Franz-Warkentin

Jun. 25, 2024 at 10:33 am CDT

Bearish bets in the ICE Futures canola market hit their highest level in three months in mid-June, as speculative fund traders added to their large net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Jun. 21, 2024 at 9:34 am CDT

Canadian wheat exports in both the current crop year and the upcoming 2024/25 marketing year will likely end up above earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released June 20, that left the balance sheet for canola relatively unchanged. 

By Phil Franz-Warkentin

Jun. 20, 2024 at 5:09 pm CDT

Results of a national testing program conducted by the Canadian Food Inspection Agency (CFIA) released June 18 showed no evidence of the highly pathogenic avian influenza (HPAI) in the country’s milk supply. "Commercially sold milk and milk products remain safe to consume," said a release from the CFIA and the Public Health Agency of Canada (PHAC). It was also noted that even if traces of the virus were found, the pasteurization process would have rendered them harmless.

By Phil Franz-Warkentin