Insights and Stories of Phil Franz-Warkentin

Manitoba sunflowers not calling it quits just yet

Sep. 16, 2019 at 8:08 pm CDT

MarketsFarm — Manitoba farmers may have seeded the smallest sunflower acres in eight years this spring, but the crop is in reasonably good shape heading into the harvest later in the fall. “I do expect to see better crops this year than last year,” said Cody Burton, purchasing manager with […]

Funds’ canola short position up, for now

Sep. 16, 2019 at 7:41 pm CDT

By Phil Franz-Warkentin

Ample world malt barley supply to limit export prices

Sep. 13, 2019 at 7:06 pm CDT

By Phil Franz-Warkentin

Statistics Canada boosts crop production estimates

Sep. 12, 2019 at 8:40 pm CDT

By Phil Franz-Warkentin

StatsCan forecasts near-record corn crop

Sep. 12, 2019 at 8:28 pm CDT

By Phil Franz-Warkentin

As harvest drags on, malt barley quality uncertain

Sep. 11, 2019 at 7:36 pm CDT

MarketsFarm — The quality of Canada’s 2019-20 barley crop remains to be seen, as cool and wet harvest conditions across much of the Prairies are raising concerns over how much will meet malt specifications. “We’ll lose a lot of malting barley this year, because of the weather,” said Peter Watts, […]

By Phil Franz-Warkentin

Grain leaves Churchill for first time in four years

Sep. 9, 2019 at 7:50 pm CDT

MarketsFarm — The first grain vessel in four years left the northern Manitoba port of Churchill over the weekend, according to social media posts from port owners Arctic Gateway Group. “Happy to report the successful completion and departure of the first grain vessel of the season from Churchill,” Arctic Gateway […]

By Phil Franz-Warkentin

StatsCan confirms record-large canola ending stocks

Sep. 6, 2019 at 6:54 pm CDT

MarketsFarm — Canadian canola ending stocks hit a new record for the 2018-19 crop year, according to updated data Statistics Canada released Friday. Canadian canola stocks as of July 31 came in at 3.9 million tonnes, up by 55 per cent on the year and about 800,000 tonnes above the […]

By Phil Franz-Warkentin

Prairie wheat bids edge lower

Sep. 6, 2019 at 6:36 pm CDT

MarketsFarm — Wheat bids in Western Canada edged lower during the week ended Thursday, as seasonal harvest pressure and strength in the Canadian dollar weighed on values. The Canadian dollar was up by roughly a third of a cent relative to its U.S. counterpart on the week. Minneapolis spring wheat […]

By Phil Franz-Warkentin

Fund traders add to net short positions in canola, corn

Sep. 6, 2019 at 6:25 pm CDT

MarketsFarm — Fund traders added to their large net short position in canola 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 canola came in Tuesday at 65,750, an increase […]

By Phil Franz-Warkentin