Insights and Stories of Phil Franz-Warkentin

Canada’s small, high-protein malt barley crop poses challenges

Oct. 21, 2021 at 4:24 pm CDT

MarketsFarm — The hot and dry 2021 growing season cut significantly into Canada’s barley production, with the weather also leading to higher protein levels for what was harvested. “It will be an extremely tight and difficult year for the malt processors and ultimately for the brewers as well,” said Peter […]

Feds tighten forecast for wheat carryout

Oct. 21, 2021 at 3:17 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Soy, corn strength impressive for time of year

Oct. 20, 2021 at 12:56 pm CDT

By Phil Franz-Warkentin

Prairie cash wheat: CWRS bids up with U.S. futures

Oct. 15, 2021 at 6:18 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola still rangebound

Oct. 13, 2021 at 5:04 pm CDT

By Phil Franz-Warkentin

Prairie cash wheat: Bids rise with U.S. futures

Oct. 8, 2021 at 7:44 pm CDT

MarketsFarm — Cash wheat bids across Western Canada moved higher during the week ended Thursday in sympathy with U.S. futures markets. The strength came despite a firmer tone in the Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.40-$14.90 per tonne, […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola feeling the energy

Oct. 6, 2021 at 5:39 pm CDT

MarketsFarm — ICE Futures canola contracts moved steadily higher over the week ended Wednesday, hitting the top-end of a three month trading range. While tight Canadian supplies due to a Prairie drought have underpinned the market for some time, the latest strength and any future direction may be more closely […]

By Phil Franz-Warkentin

Canola exports down 72 per cent through eight weeks

Oct. 1, 2021 at 7:31 pm CDT

MarketsFarm — Canadian canola and wheat exports continue to run well behind the year-ago pace, with movement of all crops down 34 per cent through the first eight weeks of the 2021-22 crop year. Total exports of all of the major grains, oilseeds and pulses as of Sunday, at 4.714 […]

By Phil Franz-Warkentin

U.S. spring wheat crop down sharply in 2021

Sep. 30, 2021 at 4:01 pm CDT

MarketsFarm — Spring wheat production in the United States was down sharply in 2021, according to the latest annual small grains report from the U.S. Department of Agriculture. Total spring wheat production was pegged at 9.01 million tonnes by the government agency, down 44 per cent from the 15.99 million […]

By Phil Franz-Warkentin

Feed weekly outlook: Canadian markets firm, waiting on U.S. corn

Sep. 29, 2021 at 7:05 pm CDT

MarketsFarm — Canadian feed grain bids remain strong, although end-users are only buying on a hand-to-mouth basis as they await an influx of cheaper corn imports from the U.S. “Everybody is waiting on the corn situation to figure out where we’ll go,” said Suzanne Leclerc, owner of Market Master Ltd. […]

By Phil Franz-Warkentin