Insights and Stories of Phil Franz-Warkentin

Pulse weekly outlook: Bids underpin Manitoba edible bean area

Mar. 10, 2020 at 7:41 pm CDT

MarketsFarm — Solid prices should keep Manitoba farmers growing edible beans in 2020, although soybean area will likely drop, according to a provincial specialist. Disappointing harvest weather in 2019 hurt yields and cut into harvested area for edible beans in both Manitoba and across the border in the United States. […]

Fund traders cover some bearish bets in canola, soybeans

Mar. 6, 2020 at 6:37 pm CST

By Phil Franz-Warkentin

Ag chem industry watching COVID-19’s spread

Mar. 5, 2020 at 7:24 pm CST

By Phil Franz-Warkentin

CBOT weekly outlook: Soybeans, corn recover

Mar. 4, 2020 at 2:45 pm CST

By Phil Franz-Warkentin

Yellow mustard bids solid

Mar. 3, 2020 at 12:30 pm CST

By Phil Franz-Warkentin

Fund traders still bearish on canola

Feb. 28, 2020 at 3:32 pm CST

MarketsFarm — Fund traders remained heavily on the short side in canola futures during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 62,709 […]

By Phil Franz-Warkentin

ICE weekly outlook: New lows in, but canola stabilizing

Feb. 26, 2020 at 10:09 pm CST

MarketsFarm — The ICE Futures canola market dropped to fresh contract lows on Tuesday but managed to find some support to the downside and may stabilize for the time being amid oversold price sentiment. The May canola contract, which had started 2020 trading in the $490 area, touched a low […]

By Phil Franz-Warkentin

Fund traders still bearish on canola

Feb. 21, 2020 at 5:26 pm CST

MarketsFarm — Large fund traders covered short positions in soybeans and corn during the week ended Tuesday, but continued to add to bearish bets in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in […]

By Phil Franz-Warkentin

Feed weekly outlook: Softening barley market to stabilize

Feb. 20, 2020 at 5:56 pm CST

MarketsFarm — Feed barley bids in Western Canada have softened over the past few weeks, but should stabilize as the spring approaches. “I don’t think there’s a lot of potential to push this thing much higher, and I don’t think the bottom will fall out either. What you see is […]

By Phil Franz-Warkentin

Lower grain production predicted from Europe in 2020

Feb. 20, 2020 at 5:49 pm CST

MarketsFarm — European grain production is expected to be down slightly in 2020, according to the first forecast for the year from European trade association Coceral. In the report, released Thursday, Coceral pegged total grain production for the European Union and United Kingdom in 2020 at 302.7 million tonnes, which […]

By Phil Franz-Warkentin