Insights and Stories of Phil Franz-Warkentin

Dec. 30, 2020 at 9:27 am CST

MarketsFarm – The column in this space a year ago led with the line ‘the more things change, the more they stay the same.’ That line was a jumping off point for a decade-in-review piece pointing out some of the through lines of the grain markets during the previous ten […]

By Phil Franz-Warkentin

Dec. 18, 2020 at 7:57 pm CST

MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, with gains in U.S. futures countered somewhat by ongoing strength in the Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $2 to up $4 per tonne, […]

By Phil Franz-Warkentin

Dec. 18, 2020 at 7:08 pm CST

MarketsFarm — The net long position fund traders are holding in canola futures remains historically large, with almost all of the managed money in the market sitting on the long side, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money […]

By Phil Franz-Warkentin

Dec. 18, 2020 at 5:38 am CST

MarketsFarm — The feed market in Western Canada may be stabilizing heading into the holiday season, but underlying fundamentals remain supportive and could lead to more strength in the New Year. While the market was holding steady in mid-December, “I think it will go back up in January/February/March,” said Mike […]

By Phil Franz-Warkentin

Dec. 17, 2020 at 3:59 am CST

MarketsFarm — Pea and lentil markets in Western Canada are holding relatively steady heading into the holiday season, with little movement expected one way or the other until the New Year. “That’s normal for this time of year,” said Dale McManus of Johnston’s Grain at Welwyn, Sask. on the lack […]

By Phil Franz-Warkentin