Insights and Stories of Phil Franz-Warkentin

Pulse weekly outlook: Seasonal harvest pressure weighs on Prairie pea bids

Sep. 13, 2022 at 3:23 pm CDT

MarketsFarm — Pea bids in Western Canada have come under some pressure over the past few weeks, as harvest of the crop nears completion. However, country movement remains light, as producers concentrate on bringing in their remaining grain and oilseed crops. “They want to get done harvest before they worry […]

Funds add to bearish bets in canola

Sep. 9, 2022 at 7:21 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola trending lower

Sep. 7, 2022 at 6:34 pm CDT

By Phil Franz-Warkentin

Prairie cash wheat: Bids fall sharply lower

Aug. 19, 2022 at 5:28 pm CDT

By Phil Franz-Warkentin

Feed weekly outlook: Prairie markets hold firm ahead of harvest

Aug. 18, 2022 at 5:18 pm CDT

By Phil Franz-Warkentin

Prairie cash wheat: Bids show some strength

Aug. 12, 2022 at 7:15 pm CDT

MarketsFarm — Spring wheat bids in Western Canada moved higher during the week ended Thursday, taking back most of the losses from the previous week as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $12-$15.50 per tonne […]

By Phil Franz-Warkentin

ICE weekly outlook: Late canola crop hinges on weather

Aug. 10, 2022 at 8:00 pm CDT

MarketsFarm — The ICE Futures canola market held within a narrow range during the week ended Wednesday, with weather conditions heading into harvest likely to dictate the eventual price direction over the next few weeks. “The key right now is the late state of the crop,” said Errol Anderson of […]

By Phil Franz-Warkentin

ICE weekly outlook: Weather at forefront for canola futures

Aug. 4, 2022 at 9:37 am CDT

MarketsFarm – Canola contracts on the ICE Futures platform saw some large moves over the past week, initially moving higher in sympathy with the United States soy complex before taking back most of those gains as both markets reacted to shifting weather forecasts. Showers continue to pop up across the […]

By Phil Franz-Warkentin

Speculative net short position grows in canola

Jul. 23, 2022 at 5:21 am CDT

MarketsFarm — The speculative net short position in ICE Futures canola grew during the week ended Tuesday, as fund traders liquidated long positions and opened some new shorts, according to the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). The net managed money […]

By Phil Franz-Warkentin

AAFC raises wheat, canola production estimates

Jul. 21, 2022 at 9:54 pm CDT

MarketsFarm — Canadian wheat and canola production are both expected to come in above earlier expectations in updated supply/demand projections from Agriculture and Agri-Food Canada, released Thursday. However, while wheat stocks are also expected to rise, the canola carryout was revised lower due to expected increases in exports and domestic […]

By Phil Franz-Warkentin