Insights and Stories of Phil Franz-Warkentin

Feed weekly outlook: Harvest pressure, looming corn imports weigh on barley bids

Sep. 21, 2023 at 4:50 pm CDT

MarketsFarm — Seasonal harvest pressure and expectations for large corn deliveries from the United States should limit any upside potential in feed barley bids in Western Canada for the foreseeable future despite this year’s smaller crop. “We’re getting some better-than-expected yields (in central Alberta), so there is some harvest pressure […]

Pulse weekly outlook: Canada’s prices well supported given smaller crops

Sep. 19, 2023 at 12:53 pm CDT

By Phil Franz-Warkentin

Fund long position drops in canola

Sep. 18, 2023 at 5:58 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Harvest pressure to weigh on canola

Sep. 14, 2023 at 1:46 am CDT

By Phil Franz-Warkentin

Canada’s canola carryout up on year, wheat down slightly

Sep. 8, 2023 at 7:05 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Poor crop ratings keep soy, corn supported

Sep. 6, 2023 at 5:40 pm CDT

MarketsFarm — Hot and dry weather conditions cutting into crop ratings for soybeans and corn in the U.S. could see prices for both crops rise above nearby chart resistance levels, although the looming harvest may temper the upside potential. Both soybeans and corn were rated 53 per cent good-to-excellent in […]

By Phil Franz-Warkentin

Pulse weekly outlook: Poor monsoon rains cut into India production

Sep. 5, 2023 at 6:35 pm CDT

MarketsFarm — Disappointing monsoon rains in India this year are expected to cut into the country’s pulse production, according to reports out of the country. Crop production in India is highly dependent on the monsoon rains that typically soak the country from June through September, but the moisture to date […]

By Phil Franz-Warkentin

Fund long position edges higher in canola

Sep. 5, 2023 at 6:26 pm CDT

MarketsFarm — The managed money long position in canola edged slightly higher during the week ended Aug. 29, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 29, 2023, the net managed money long position in canola futures came in […]

By Phil Franz-Warkentin

Prairie cash wheat: Spring wheat bids drop with U.S. futures

Aug. 20, 2023 at 12:31 am CDT

MarketsFarm — Spring wheat bids in Western Canada fell in sympathy with U.S. futures during the week ended Thursday, although durum climbed higher on the back of production concerns in key durum-growing areas of southern Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down […]

By Phil Franz-Warkentin

Feed weekly outlook: Market steady in face of harvest, U.S. corn imports

Aug. 17, 2023 at 5:01 pm CDT

MarketsFarm — The feed grain market in Western Canada is holding reasonably steady as harvest operations progress and corn imports continue to come up from the United States. Anecdotal harvest reports were varied so far, with surprisingly positive results from some growers and others who missed out on showers ending […]

By Phil Franz-Warkentin