Insights and Stories of Phil Franz-Warkentin

Dec. 22, 2023 at 11:33 am CST

Spring wheat bids in Western Canada were mostly lower during the week ended Dec. 21, as strength in the Canadian dollar and losses in the United States futures weighed on values.

By Phil Franz-Warkentin

Dec. 22, 2023 at 9:28 am CST

Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.

By Phil Franz-Warkentin

Dec. 19, 2023 at 3:55 pm CST

Hot and dry growing conditions cut into barley yields in Western Canada in 2023 but the quality was generally good, according to the yearly annual harvest report on barley quality from the Canadian Grain Commission (CGC).

By Phil Franz-Warkentin

Dec. 19, 2023 at 10:58 am CST

Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.

By Phil Franz-Warkentin

Dec. 18, 2023 at 1:31 pm CST

The net short position in canola futures climbed to a new record large level in mid-December, as speculators added to their bearish bets for the second week in a row, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin