Insights and Stories of Phil Franz-Warkentin

Speculators bail out of long positions in canola

Jun. 24, 2022 at 3:14 pm CDT

MarketsFarm – Speculators continued to bail out of long positions in the ICE Futures canola market during the week ended June 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures […]

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

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

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. […]

By Phil Franz-Warkentin