Insights and Stories of Phil Franz-Warkentin

U.S. soybean acres come in below expectations

Jun. 30, 2022 at 3:31 pm CDT

MarketsFarm – Farmers in the United States seeded fewer soybean acres than original intentions and slightly more corn, according to updated acreage estimates from the U.S. Department of Agriculture, released June 30. Total soybean area in the country for the 2022 growing season was pegged at 88.30 million acres by […]

Speculators bail out of long positions in canola

Jun. 24, 2022 at 3:14 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Falling canola futures snowballing lower

Jun. 23, 2022 at 5:00 am CDT

By Phil Franz-Warkentin

AAFC ups wheat production, usage numbers; stocks steady

Jun. 21, 2022 at 8:24 pm CDT

By Phil Franz-Warkentin

Prairie cash wheat: Bids firm as loonie falls

Jun. 17, 2022 at 7:59 pm CDT

By Phil Franz-Warkentin

Canola net long position smallest in 10 months

Jun. 17, 2022 at 7:46 pm CDT

MarketsFarm — The net long position held by fund traders in the ICE Futures canola market continued to dwindle in the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC), hitting its smallest level since August 2021. The net managed money long position in […]

By Phil Franz-Warkentin

Feed weekly outlook: Rains boost Prairie grain prospects

Jun. 16, 2022 at 7:43 pm CDT

MarketsFarm — Heavy rains in Alberta and western Saskatchewan over the past week should give grain crops a good start to the growing season — and put some pressure on the feed grain market, which remains at historically high prices after last year’s drought. The rain “will kick the production […]

By Phil Franz-Warkentin

Pulse weekly outlook: Fewer edible bean acres to underpin prices

Jun. 14, 2022 at 8:16 pm CDT

MarketsFarm — Edible bean area is unlikely to live up to expectations in some key North American growing areas this year, as insurance deadlines pass. However, the excessive moisture that caused seeding delays in Manitoba and North Dakota should help the yield prospects for what did go in the ground […]

By Phil Franz-Warkentin

Hog sector to focus on margins in face of outside volatility

Jun. 13, 2022 at 8:18 pm CDT

MarketsFarm — The hog sector has found itself caught up in the general uncertainty of many commodity and financial markets — making it more difficult than normal to predict where values could be headed. “We’re seeing a ton of volatility and it feels like we’re in a bit of transition […]

By Phil Franz-Warkentin

ICE weekly outlook: Weather in focus for canola traders

Jun. 8, 2022 at 8:28 pm CDT

MarketsFarm — ICE Futures canola contracts hit their lowest levels in two months during the first week of June but uncovered support to the downside to recover on Wednesday and hold rangebound overall. While crush margins are still well off the levels seen at this time a year ago, they […]

By Phil Franz-Warkentin