Insights and Stories of Phil Franz-Warkentin

Feed weekly: Prairie barley market steady with good new crop projections

Jun. 13, 2024 at 2:49 pm CDT

Feed barley bids are holding relatively steady in Western Canada, showing little movement over the past month as end users await the new crop amid relatively favourable growing conditions. Drought fears had encouraged some demand earlier in the year, but “now that those fears have been alleviated, (buyers) are starting […]

Canadian Grain Commission announces grain grading changes

Jun. 12, 2024 at 11:55 am CDT

By Phil Franz-Warkentin

Improvements to temporary foreign worker program recommended: CFIB

Jun. 12, 2024 at 11:19 am CDT

By Phil Franz-Warkentin

Manitoba seeding nears completion: report

Jun. 12, 2024 at 9:43 am CDT

By Phil Franz-Warkentin

Pulse weekly: Canadian pulse exports slowing

Jun. 11, 2024 at 3:26 pm CDT

By Phil Franz-Warkentin

Family farms at risk from higher capital gains rates: GGC

Jun. 11, 2024 at 11:49 am CDT

[UPDATED: June 11, 2024] Glacier FarmMedia – Looming changes to Canada’s capital gains inclusion rates will increase average taxes by 30 per cent on the country’s family-run grain farms, putting their futures at risk, according to research conducted by the Grain Growers of Canada (GGC). “Our research shows that an […]

By Phil Franz-Warkentin

Canadian drought conditions improve: AAFC

Jun. 11, 2024 at 9:43 am CDT

Shifting weather patterns helped drought conditions significantly improve across much of Canada in May, with the most significant improvements seen through the southern Prairies where an upper-level low provided cooler and unsettled conditions bringing well above-normal precipitation, according to the latest drought monitor report from Agriculture and Agri-Food Canada showing […]

By Phil Franz-Warkentin

Fund short position grows in canola

Jun. 10, 2024 at 11:51 am CDT

Fund traders were back on the sell side of the canola market in early June, putting on fresh bearish bets and growing their net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC). As of June 4, 2024, the net […]

By Phil Franz-Warkentin

Strong Thunder Bay grain movement through May

Jun. 6, 2024 at 1:27 pm CDT

The Port of Thunder Bay continues to see strong grain movement during the 2024 shipping season, with 923,700 tonnes moved in May, according to a report. That marked the second highest monthly grain total of the past two years and compares with 899,100 tonnes in May 2023.

By Phil Franz-Warkentin

ICE canola weekly outlook: Peaks likely in for the season

Jun. 5, 2024 at 4:53 pm CDT

The ICE Futures canola market fell sharply lower during the first few trading days of June, taking out several former support levels on the way down as large old crop supplies, relatively favourable new crop production prospects and speculative fund selling weighed on prices.

By Phil Franz-Warkentin