Insights and Stories of Phil Franz-Warkentin

Jul. 21, 2023 at 3:27 pm CDT

MarketsFarm – The managed money position in canola flipped from a net short to a net long for the first time in six months during the week ended July 18, as fund traders covered short positions and put on new bullish bets, according to the latest Commitments of Traders report […]

By Phil Franz-Warkentin

Jul. 21, 2023 at 3:18 pm CDT

 MarketsFarm – Canadian wheat ending stocks for both the current marketing year and 2023/24 (Aug/Jul) were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand estimates, released July 21, with tighter oats and pulse stocks also expected.  Wheat ending stocks for 2022/23 were lowered to […]

By Phil Franz-Warkentin

Jul. 20, 2023 at 3:42 pm CDT

MarketsFarm — Dry weather across the Canadian Prairies may be cutting into barley production prospects, keeping domestic feed prices underpinned for the time being despite the likelihood of large corn imports from the United States. Alberta’s barley crop was only rated 43 per cent good to excellent in the latest […]

By Phil Franz-Warkentin

Jul. 18, 2023 at 4:59 pm CDT

MarketsFarm — Canadian pulse exports continued at a solid pace through most of the 2022-23 marketing year, although recent disruptions on the West Coast may cut into the final total. Roughly a quarter of all Canadian pea exports, a third of the lentils, and all the chickpeas typically move by […]

By Phil Franz-Warkentin

Jul. 14, 2023 at 5:33 pm CDT

MarketsFarm — Speculative traders continue to exit their bearish bets in canola, with the net short position dipping below 4,000 in the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of July 11, the net managed money short position in canola futures came in […]

By Phil Franz-Warkentin