Insights and Stories of Phil Franz-Warkentin

Canola exports slow to trickle

Jun. 3, 2022 at 7:15 pm CDT

MarketsFarm — Canadian canola exports have slowed to a trickle, as supplies dwindle with only two months left in the current marketing year. Only 900 tonnes of canola were exported out of the country during the week ended May 27, according to the latest data from the Canadian Grain Commission. […]

CBOT weekly outlook: Fund liquidation weighs on grains, oilseeds

Jun. 1, 2022 at 5:08 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola sideways for now

May. 25, 2022 at 4:13 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Highs might be in for old-crop canola

May. 18, 2022 at 6:45 pm CDT

By Phil Franz-Warkentin

Prairie cash wheat: Bids climb higher

May. 13, 2022 at 8:08 pm CDT

By Phil Franz-Warkentin

Feed weekly outlook: Market watching new-crop weather

May. 12, 2022 at 7:33 pm CDT

MarketsFarm — With excessive moisture in the eastern Prairies and persistent drought in southern Alberta, uncertainty over new-crop grain production is keeping some caution in the feed market. The spot market is relatively steady as the market waits for a better picture on this year’s growing conditions. “A lot of […]

By Phil Franz-Warkentin

Tightening supplies likely to underpin chickpea market

May. 11, 2022 at 1:07 pm CDT

MarketsFarm — Tightening worldwide chickpea supplies could bode well for prices later this year, although Canadian acres will likely be down and there’s still a long growing season ahead. Canadian farmers intend to seed 175,200 acres of chickpeas in 2022, which would be down 5.5 per cent from the previous […]

By Phil Franz-Warkentin

Pulse weekly outlook: Late Prairie seeding may sway acres out of peas

May. 10, 2022 at 7:08 pm CDT

MarketsFarm — Excessive moisture in the eastern Canadian Prairies this spring may cut into pea acres in the region, as producers like to get the crop in the ground early. Canadian farmers intended to plant 3.55 million acres of peas for the 2022-23 crop year, according to a report from […]

By Phil Franz-Warkentin

ICE weekly outlook: Jittery spring market for canola

May. 4, 2022 at 7:45 pm CDT

MarketsFarm — ICE Futures canola contracts saw a sharp downward correction in early trading days of May, after setting all-time highs in April. While the correction was long overdue, underlying supportive influences remain in place and the market could be due for some sideways trade as participants now wait to […]

By Phil Franz-Warkentin

CBOT weekly outlook: ‘Confluence of events’ keeps corn, soy supported

Apr. 27, 2022 at 9:11 pm CDT

MarketsFarm — Corn futures at the Chicago Board of Trade hit fresh contract highs on Wednesday, while soybeans also remain well supported with a number of factors likely to keep the grains and oilseeds underpinned going forward. “It’s never just one thing, a confluence of events have taken us up,” […]

By Phil Franz-Warkentin