Insights and Stories of Phil Franz-Warkentin

Rangebound outlook for CBOT soybeans/corn in short-term

Mar. 20, 2024 at 3:58 pm CDT

Soybean and corn futures at the Chicago Board of Trade have both shown some strength over the past week but should be expected to hold relatively rangebound in the short term ahead of acreage data due out at the end of the month, according to an analyst.

Tightening canola ending stocks for 2024/25: AAFC

Mar. 20, 2024 at 1:46 pm CDT

By Phil Franz-Warkentin

Strong duty-free Indian yellow pea demand could continue

Mar. 19, 2024 at 1:45 pm CDT

By Phil Franz-Warkentin

Speculators finally backing away from bearish bets in canola

Mar. 18, 2024 at 11:06 am CDT

By Phil Franz-Warkentin

Prairie wheat bids rise as U.S. futures attempt recovery

Mar. 15, 2024 at 1:54 pm CDT

By Phil Franz-Warkentin

IGC sees world crop production rising in 2024/25

Mar. 14, 2024 at 2:47 pm CDT

World production of wheat, corn and soybeans are all forecast to rise in the 2024/25 crop year, according to the first estimates from the International Grains Council for the upcoming growing season, released March 14.

By Phil Franz-Warkentin

Feed barley sees nearby strength heading into spring

Mar. 14, 2024 at 2:34 pm CDT

Seasonal trends and rising corn prices have underpinned the feed grain market in Western Canada over the past few weeks, although ample supplies will likely limit the upside going forward.

By Phil Franz-Warkentin

Canadian canola crush hit record in 2023: StatCan

Mar. 13, 2024 at 2:40 pm CDT

Oilseed processors in Canada crushed a record amount of canola during the 2023 calendar year, according to a report from Statistics Canada released March 13.

By Phil Franz-Warkentin

Canadian pulse plantings to rise in 2024

Mar. 12, 2024 at 11:16 am CDT

Canadian lentil area is forecast to be up by 4.4 per cent on the year, at 3.829 million acres, according to the estimates of principal field crops report released by Statistics Canada on March 11. After conducting a survey of producers in December and Janyar, StatCan forecast pea area in 2024 at 3.122 million acres which would be up by 2.4 per cent on the year.

By Phil Franz-Warkentin

Canola short position up again in early March

Mar. 11, 2024 at 4:49 pm CDT

The net speculative short position in canola continued to rise in the first trading days of March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin