Insights and Stories of Phil Franz-Warkentin

Weekly Canadian canola exports climb higher

Oct. 7, 2022 at 3:49 pm CDT

MarketsFarm – An influx of freshly harvested supplies saw weekly Canadian canola exports hit their highest level in nearly two years at the end of September 2022, according to the latest Canadian Grain Commission report. The 300,500 tonnes of canola exported during the week ended Oct. 2 marked the first […]

CBOT weekly outlook: Tightening stocks underpin U.S. wheat, corn

Oct. 5, 2022 at 6:06 pm CDT

By Phil Franz-Warkentin

Prairie cash wheat: Weaker loonie underpins bids

Sep. 30, 2022 at 7:58 pm CDT

By Phil Franz-Warkentin

Feed weekly outlook: Prairie barley market still strong

Sep. 29, 2022 at 3:48 pm CDT

By Phil Franz-Warkentin

Pulse weekly outlook: Canada’s pea, lentil exports to rise while prices fall

Sep. 27, 2022 at 7:21 pm CDT

By Phil Franz-Warkentin

Canadian wheat, canola stocks projections revised higher

Sep. 26, 2022 at 7:16 pm CDT

MarketsFarm — Canadian wheat and canola ending stocks for the 2022-23 crop year are forecast to end up above earlier projections, according to updated supply/demand estimates from Agriculture and Agri-Food Canada, released late Friday. The updated estimates account for recent production and old-crop carryout numbers from Statistics Canada. Total wheat […]

By Phil Franz-Warkentin

ICE weekly outlook: Seasonal upturn possible for canola

Sep. 21, 2022 at 4:18 pm CDT

MarketsFarm — ICE Futures canola contracts may soon be due for a seasonal turn higher as harvest pressure subsides and prices should be looking very attractive to end users. However, uncertain outside influences will still dictate the overall direction. “The field certainly gets muddied by issues of geopolitics,” said MarketsFarm […]

By Phil Franz-Warkentin

Prairie cash wheat: Bids move higher

Sep. 16, 2022 at 8:11 pm CDT

MarketsFarm — Spring wheat bids in Western Canada strengthened during the week ended Thursday, as gains in U.S. futures and weakness in the Canadian dollar provided support. The advances came despite seasonal harvest pressure and an upward revision to Statistics Canada’s production estimate for the country’s spring wheat crop. Average […]

By Phil Franz-Warkentin

Farmers’ wheat, canola deliveries picking up in West

Sep. 16, 2022 at 7:51 pm CDT

MarketsFarm — The advancing Prairie harvest has seen an increase in farmer deliveries of grains and oilseeds into the commercial pipeline, according to the latest weekly data from the Canadian Grain Commission. Export activity for canola remains very light through the first six weeks of the 2022-23 crop year, but […]

By Phil Franz-Warkentin

Feed weekly outlook: Prairie grain bids see surprising harvest strength

Sep. 15, 2022 at 5:54 pm CDT

MarketsFarm — Feed grain bids in Western Canada have shown some strength in recent weeks, despite the advancing harvest. “We’ve been seeing a rally through harvest, which is an odd thing,” grain merchant Jay Janzen of CorNine Commodities at Lacombe, Alta. said. He tied the unseasonable strength to solid demand […]

By Phil Franz-Warkentin