Insights and Stories of Phil Franz-Warkentin

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

Oct. 5, 2022 at 6:06 pm CDT

MarketsFarm — Tighter-than-expected quarterly wheat and corn stocks in last Friday’s report from the U.S. Department of Agriculture provided the biggest influence on the futures markets over the past week, with larger soybean stocks putting some nearby pressure on that market. Corn stocks in the U.S., as of Sept. 1, […]

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

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

ICE weekly outlook: Canola futures continue trending lower

Sep. 14, 2022 at 4:02 pm CDT

MarketsFarm — ICE Futures canola contracts saw some choppy activity during the week ended Wednesday, but the general trend remains pointed lower. “Whenever canola rebounds, it doesn’t go as high,” analyst Errol Anderson of Pro Market Communications in Calgary said. Anderson described the chart pattern as a “falling top,” with […]

By Phil Franz-Warkentin