Insights and Stories of Phil Franz-Warkentin

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

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

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

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

Aug. 16, 2023 at 4:05 pm CDT

MarketsFarm — The looming harvest may keep a lid on the upside in the ICE Futures canola market over the next month as participants wait to get a better handle on the size of this year’s crop. “We’re still at the mercy of trying to determine what size of crop […]

By Phil Franz-Warkentin