Insights and Stories of Phil Franz-Warkentin

Spring road bans coming into effect across Prairies

Mar. 5, 2021 at 7:41 pm CST

MarketsFarm — Warming temperatures and melting snow across Western Canada may cause some disruptions to grain and livestock movement over the next few weeks as seasonal spring road restrictions come into effect across the Prairies. The annual spring road restrictions set axle weight limits for vehicles moving on certain roads […]

ICE weekly outlook: Profit-taking to pressure canola

Feb. 24, 2021 at 7:35 pm CST

By Phil Franz-Warkentin

Canola stocks to tighten below a million tonnes, AAFC says

Feb. 17, 2021 at 5:05 pm CST

By Phil Franz-Warkentin

Funds add to net longs in canola, U.S. futures

Feb. 14, 2021 at 11:13 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Volatility day-to-day in bullish canola market

Feb. 10, 2021 at 7:45 pm CST

By Phil Franz-Warkentin

StatsCan confirms canola stocks tightening

Feb. 5, 2021 at 4:51 pm CST

MarketsFarm — Solid demand from exporters and domestic crushers continues to eat rapidly through Canada’s canola stocks, which as of Dec. 31 were down nearly 24 per cent from the same date a year earlier, according to new data released Friday from Statistics Canada. The government agency pegged total canola […]

By Phil Franz-Warkentin

CBOT weekly outlook: Corn, soybeans may see seasonal slowdown

Feb. 4, 2021 at 2:55 am CST

MarketsFarm — Corn and soybean futures at the Chicago Board of Trade, now trading at their highest levels in years, could come under some pressure over the next month, although the longer-range outlook remains strong, according to a broker. Crop insurance levels in the U.S. are based in part off […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola entering uncharted waters

Jan. 27, 2021 at 6:03 pm CST

MarketsFarm — ICE Futures canola contracts climbed sharply higher in the front months during the week ended Wednesday, hitting their highest levels since 2008. The March contract settled Wednesday at $717.80 per tonne, marking the first close above the $700 per tonne level since March 2008. “Everybody is long, and […]

By Phil Franz-Warkentin

Feds predict three per cent increase in canola acres

Jan. 26, 2021 at 3:15 am CST

MarketsFarm — Canadian farmers will seed more canola in the upcoming 2021-22 crop year, but solid demand will still cause ending stocks to tighten, according to the first new-crop supply/demand projections from Agriculture and Agri-Food Canada (AAFC), released Monday. The department forecast seeded canola area in the spring of 2021 […]

By Phil Franz-Warkentin

Feed weekly outlook: Offshore demand still lifting Prairie barley

Jan. 21, 2021 at 4:23 pm CST

MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley […]

By Phil Franz-Warkentin