Insights and Stories of Phil Franz-Warkentin

Aug. 7, 2024 at 3:33 pm CDT

Soybean, corn and wheat futures in the United States are all trading near contract lows, with a lack of any significant weather threats likely to keep the bias pointed lower until something changes the narrative.

By Phil Franz-Warkentin

Aug. 6, 2024 at 2:15 pm CDT

Canadian pea exports slowed in June, as end user demand shifted to the looming new crop with only one month left in the 2023/24 marketing year, according to the latest Statistics Canada trade data released Aug. 6. Chickpea movement was also slow, while lentil exports were up on the month but still off the year-ago pace.

By Phil Franz-Warkentin

Jul. 31, 2024 at 2:44 pm CDT

A lack of any major weather concerns kept soybean and corn futures at the Chicago Board of Trade trending lower during the last week of July, with many months hitting contract lows.

By Phil Franz-Warkentin

Jul. 19, 2024 at 9:03 am CDT

The full attendance tally is still to come, but O’Connor estimated that this year’s event drew 30,000-32,000, with many people needing more than one day to make their way through the grounds to take in the new machinery, innovations, crop research and all things ag-related in-between.

By Phil Franz-Warkentin

Jul. 17, 2024 at 5:35 pm CDT

Rack Petroleum Ltd.’s HedgeHog app allows users to confirm a guaranteed price for diesel for future delivery up to two years into the future.

By Phil Franz-Warkentin