Insights and Stories of Phil Franz-Warkentin

Less canola, more wheat expected from Statistics Canada

Apr. 22, 2019 at 3:02 pm CDT

Winnipeg | MarketsFarm – Canadian farmers will likely seed less canola and more spring wheat in 2019, but the extent of any acreage shifts remains to be seen as market participants await Statistics Canada’s first seeded area estimates of the year on April 24. Canola prices in Western Canada have […]

ICE weekly outlook: Canola sideways, waiting for news

Apr. 17, 2019 at 7:13 pm CDT

By Phil Franz-Warkentin

Canola fund short position edges down, but still large

Apr. 12, 2019 at 7:15 pm CDT

By Phil Franz-Warkentin

Feed weekly outlook: Barley bids soften as attention turns to new crop

Apr. 11, 2019 at 8:03 pm CDT

By Phil Franz-Warkentin

USDA lowers Canadian canola export forecast

Apr. 10, 2019 at 10:23 pm CDT

By Phil Franz-Warkentin

Funds still holding large net short position in canola

Apr. 5, 2019 at 5:00 pm CDT

MarketsFarm — The large short fund position in ICE canola futures held relatively steady during the week ended Tuesday, with only a small reduction in the net reportable position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola bearish with or without China

Apr. 3, 2019 at 5:17 pm CDT

MarketsFarm — ICE Futures canola contracts saw a modest correction off of major support over the week ended Wednesday, but the longer-term trend remains pointed lower with large old-crop supplies and uncertain export prospects overhanging the market. Canadian canola exports to China are effectively non-existent right now, with the absence […]

By Phil Franz-Warkentin

Canola fund short position continues to grow

Mar. 22, 2019 at 8:03 pm CDT

MarketsFarm — Fund traders remained on the short side in the ICE Futures canola market during the week ended Tuesday, adding to their large net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed […]

By Phil Franz-Warkentin

Feed weekly outlook: Spring weather may swing Prairie feed markets

Mar. 22, 2019 at 1:39 pm CDT

MarketsFarm — Weather conditions have the potential to swing feed grain markets in Western Canada over the next few weeks, although prices generally remain steady for the time being. “Spring is here, and as the snow melts it creates mud, road bans and all that lovely stuff,” said Brandon Motz […]

By Phil Franz-Warkentin

Swine fever in China poses risks, rewards for Canadian pork

Mar. 20, 2019 at 9:16 pm CDT

MarketsFarm — Sharp losses in China’s hog herd due to African swine fever (ASF) are underpinning the North American pork market and could create export opportunities for Canada — if this country manages to stay disease-free. ASF does not affect humans, but the highly viral disease is nearly 100 per […]

By Phil Franz-Warkentin