Insights and Stories of Phil Franz-Warkentin

Australia wraps up winter wheat/canola harvest

Mar. 5, 2024 at 9:22 am CST

Australia’s winter harvest has wrapped up, with wheat and canola production beating earlier forecasts but still down on the year, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).

Feed barley stuck in downtrend

Feb. 29, 2024 at 5:02 pm CST

By Phil Franz-Warkentin

Warm spring in the forecast for most of Canada

Feb. 29, 2024 at 1:30 pm CST

By Phil Franz-Warkentin

Fading El Niño to be replaced by La Niña: The Weather Network

Feb. 28, 2024 at 4:06 pm CST

By Phil Franz-Warkentin

Spring road restrictions coming soon to Prairies

Feb. 27, 2024 at 4:44 pm CST

By Phil Franz-Warkentin

Managed money still adding to record large canola short position

Feb. 26, 2024 at 12:02 pm CST

Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Prairie wheat bids mixed as choppy futures trend lower

Feb. 23, 2024 at 9:51 pm CST

Spring wheat bids in Western Canada were mixed during the week ended Feb. 23 as choppy activity in the United States futures spilled into the cash market.

By Phil Franz-Warkentin

Feed barley under pressure, but opportunities available

Feb. 22, 2024 at 2:14 pm CST

Feed barley bids in Western Canada remained under pressure in mid-February amid continued imports of corn from the United States and the relatively mild Prairie winter. However, localized spot opportunities do pop up occasionally.

By Phil Franz-Warkentin

Green lentils finding support, while reds under pressure

Feb. 20, 2024 at 3:34 pm CST

Green lentils continue to show solid premiums over their red counterparts, with prices for both old and new crop green lentils well above where they were at this time a year ago.

By Phil Franz-Warkentin

Photo of canola fields bisected by a gravel road.

Record large fund short position grows in canola

Feb. 20, 2024 at 12:05 pm CST

Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin