Insights and Stories of Phil Franz-Warkentin

Hot weather cuts into Canadian mustard crop

Jul. 6, 2021 at 8:28 pm CDT

MarketsFarm — Canada is looking at another small mustard crop in 2021, which should keep prices well supported for any unpriced crop, as recent heat stress cut into yields. “That was a very rough week,” said Walter Dyck, the Alberta-based general manager with Wisconsin mustard-processor Olds Products, on the late […]

Canada’s canola acres up from earlier forecast

Jun. 29, 2021 at 1:27 pm CDT

By Phil Franz-Warkentin

Prairie cash wheat: Drought sends bids higher

Jun. 25, 2021 at 8:58 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: MGEX wheat spread widens over winter wheats

Jun. 23, 2021 at 2:57 pm CDT

By Phil Franz-Warkentin

Feed weekly outlook: Rising costs cut into cattle profits

Jun. 10, 2021 at 3:20 pm CDT

By Phil Franz-Warkentin

Canary seed gains official ‘grain’ status

Jun. 9, 2021 at 8:17 pm CDT

MarketsFarm — No longer just for the birds, canary seed will soon gain official status under the Canada Grain Act, the Canadian Grain Commission (CGC) announced Wednesday. Following stakeholder consultations and calls from producers the CGC is implementing regulatory changes for the crop effective Aug. 1. The move to official […]

By Phil Franz-Warkentin

ICE weekly outlook: Bare shelves keep all eyes on weather

Jun. 2, 2021 at 7:28 pm CDT

MarketsFarm — Hot and dry Prairie growing conditions helped ICE Futures canola contracts move higher to start the month of June, with weather forecasts likely to dictate where values move over the next few weeks. “We’re going into some very hot temperatures, and we’ll need another dose of rain in […]

By Phil Franz-Warkentin

Prairie cash wheat: Bids correct higher

May. 29, 2021 at 1:29 am CDT

MarketsFarm — Wheat bids across Western Canada moved higher during the week ended Thursday, as U.S. futures saw a corrective bounce after falling to their softest levels in over a month. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8.50-$9 per tonne, according […]

By Phil Franz-Warkentin

Feed weekly outlook: Canada’s barley exports show no signs of slowing

May. 28, 2021 at 8:14 pm CDT

MarketsFarm — Tight Canadian barley supplies, due in part to surging export demand, have kept feed grain bids well supported in the Prairies over the past few months. The cupboards, however, are not quite bare, with weekly Canadian barley exports hitting their second-highest level of the crop-year-to-date. Canada exported 175,500 […]

By Phil Franz-Warkentin

CBOT weekly outlook: Soy, corn watching weather

May. 26, 2021 at 7:33 pm CDT

MarketsFarm — Corn and soybean futures at the Chicago Board of Trade have moved off of highs hit earlier in May as good planting conditions in the U.S. Midwest weighed on values. “We’re pretty much in a weather market right now,” Scott Capinegro of Barrington Commodity Brokers in Illinois said. […]

By Phil Franz-Warkentin