Insights and Stories of Phil Franz-Warkentin

Jul. 26, 2019 at 3:46 pm CDT

MarketsFarm – Canadian canola exports are running roughly a million tonnes behind the year-ago pace with only one week to go in the 2018/19 (July/August) marketing year, according to the latest Canadian Grain Commission data. However, solid wheat and barley exports mean that total grain and oilseed exports are up […]

By Phil Franz-Warkentin

Jul. 26, 2019 at 8:52 am CDT

MarketsFarm – Improving crop conditions have weighed on Western Canadian feed barley prices over the past month as attention turns from the tight old crop supply situation to the upcoming harvest. “Prices are dropping every day it rains,” said Mike Fleischhauer of Eagle Commodities in Lethbridge, Alta. He said barley […]

By Phil Franz-Warkentin

Jul. 24, 2019 at 2:15 pm CDT

MarketsFarm – Shifting weather forecasts and trade talk rumours should keep the soybean and corn markets at the Chicago Board of Trade on edge over the next few weeks, as participants wait on updated acreage numbers from the United States Department of Agriculture. The USDA’s August 12 report will include […]

By Phil Franz-Warkentin

Jul. 17, 2019 at 8:28 pm CDT

MarketsFarm — The ICE Futures canola market tested major chart support during the week ended Wednesday, but could be due for some choppy activity and eventual strength over the next few weeks, depending on what happens with the weather and in U.S. corn and soybean markets. The canola crop looks […]

By Phil Franz-Warkentin

Jul. 16, 2019 at 6:31 pm CDT

MarketsFarm — The Baltic Dry Index (BDI) has steadily increased over the past few months, hitting its highest levels in five-and-a-half years. The BDI settled Tuesday at 2,011 points, the highest level for the ocean freight rate indicator since January 2014. The BDI has been on a steady uptrend since […]

By Phil Franz-Warkentin