Insights and Stories of Phil Franz-Warkentin

Jan. 30, 2019 at 5:05 pm CST

Talks between the U.S. and China taking place in Washington this week are being followed closely by Chicago Board of Trade soybean and corn traders, with optimism over improving relations between the two countries helping prop up the futures. “The U.S./China talks will be on the top of all traders’ […]

By Phil Franz-Warkentin

Jan. 29, 2019 at 5:58 pm CST

Canadian chickpea acres are expected to return to more normal levels in 2019, after a sizeable jump in 2018. However, while prices are off the highs that drove 2018 seeding intentions, they still could have some room to the upside over the next few months. After seeding 442,900 acres of […]

By Phil Franz-Warkentin

Jan. 25, 2019 at 7:00 pm CST

Canadian wheat exports during the 2018-19 crop year-to-date are running at a record pace, with exports as of Sunday roughly 1.4 million tonnes ahead of what was exported during the same time frame the previous crop year. Canada has exported 8.87 million tonnes of wheat as of Sunday, according to […]

By Phil Franz-Warkentin

Jan. 24, 2019 at 6:17 pm CST

Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley […]

By Phil Franz-Warkentin

Jan. 24, 2019 at 3:09 pm CST

The bounce-back in Canadian mustard production in 2018 is unlikely to see any follow-through in 2019 as spot prices aren’t generating much excitement for producers despite tightening supplies. Yellow mustard is currently topping out at around 36 cents/lb., while brown mustard bids are in the 30- to 31-cent range, according […]

By Phil Franz-Warkentin