Insights and Stories of Phil Franz-Warkentin

Feed weekly outlook: Barley’s slide slows as harvest drags

Sep. 26, 2019 at 5:08 pm CDT

MarketsFarm — The slide in western Canadian feed grain prices over the past few months shows signs of slowing, as concerns over harvest delays supplant earlier concerns over large crops and quality downgrades. “The weather over the next week or so doesn’t look that great,” Allen Pirness of Market Place […]

Spring wheat futures rally on North American weather woes

Sep. 25, 2019 at 6:04 pm CDT

By Phil Franz-Warkentin

Pulse weekly outlook: Rains delay large Manitoba bean harvest

Sep. 24, 2019 at 5:10 pm CDT

By Phil Franz-Warkentin

AAFC raises 2019-20 canola, wheat ending stocks

Sep. 24, 2019 at 2:15 am CDT

By Phil Franz-Warkentin

Canola deliveries slow as Prairies’ harvest drags

Sep. 20, 2019 at 6:09 pm CDT

By Phil Franz-Warkentin

Cash wheat: Bids up with U.S. futures, weak loonie

Sep. 20, 2019 at 4:53 pm CDT

MarketsFarm — Wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures, weakness in the Canadian dollar and concerns over harvest delays in Western Canada all provided support. The Canadian dollar was down by roughly a third of a cent relative to its […]

By Phil Franz-Warkentin

Fund short position down in canola, beans

Sep. 20, 2019 at 4:20 pm CDT

MarketsFarm — Fund traders covered some of their large net short positions in canola and soybeans during the week ended Tuesday, while adding to their bearish bets on corn, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money […]

By Phil Franz-Warkentin

Feed weekly outlook: Market not bottomed yet

Sep. 20, 2019 at 1:41 am CDT

MarketsFarm — Falling feed grain prices in Western Canada have not hit the bottom just yet, especially as harvest delays lead to quality downgrades. “I would say it’s coming down quite a bit more,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. The barley and wheat harvests are running behind […]

By Phil Franz-Warkentin

CBOT weekly outlook: Corn, soy steady, watching harvest

Sep. 18, 2019 at 7:03 pm CDT

MarketsFarm — Chicago Board of Trade soybean and corn futures moved off of nearby lows and generally trended higher following the U.S. Department of Agriculture’s supply/demand data released Thursday. However, attention has shifted to the looming harvest, with rangebound activity expected barring a fresh outside influence. “For this market to […]

By Phil Franz-Warkentin

Hog market at seasonal lows, turnaround expected

Sep. 17, 2019 at 10:05 pm CDT

MarketsFarm — The Canadian hog market may be at its seasonal lows, but tightening worldwide supplies should underpin values over the next few months. “We’re at a seasonal time of year when prices move lower,” said Brad Marceniuk, livestock economist with Saskatchewan Agriculture, pointing to higher U.S. slaughter numbers and […]

By Phil Franz-Warkentin