Insights and Stories of Phil Franz-Warkentin

Jul. 11, 2025 at 4:14 pm CDT

Varied precipitation and warm temperatures were generally beneficial for crop development across Alberta during the week ended July 8, according to the latest provincial crop report released July 11.

By Phil Franz-Warkentin

Jul. 11, 2025 at 2:55 pm CDT

Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, hitting fresh highs to end the week.

By Phil Franz-Warkentin

Jul. 11, 2025 at 11:57 am CDT

Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.

By Phil Franz-Warkentin

Jul. 10, 2025 at 3:25 pm CDT

Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, with fresh contract highs in the feeder cattle market while live cattle ran into resistance at their own highs to settle with small losses.

By Phil Franz-Warkentin

Jul. 9, 2025 at 4:15 pm CDT

Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.

By Phil Franz-Warkentin