Articles Written by Phil Franz-Warkentin - MarketsFarm

Canada boosts 2019-20 wheat production estimate

By Phil Franz-Warkentin - MarketsFarm 3 days ago

MarketsFarm — Canadian wheat production in 2019-20 is forecast to come in at 500,000 tonnes above an earlier forecast, according to updated supply/demand tables released Wednesday from Agriculture and Agri-Food Canada. Wheat ending stocks were also raised in the report, while adjustments to the canola tables led a slight reduction to the still record-large carryout […] Read more

Crops, Pulses, Weather

Pulse weekly outlook: India’s monsoons catch up, but crops still at risk

By Phil Franz-Warkentin - MarketsFarm 4 days ago

MarketsFarm — Heavy rains in recent weeks have brought India’s monsoon rainfall back to normal levels after a slow, dry start to the season, according to reports out of the country. However, flooding and uneven distribution of moisture could still hurt crop production. A normal monsoon is defined as 96-104 per cent of the 50-year […] Read more

Crops, Markets, Oats

Oats market steady, watching harvest

By Phil Franz-Warkentin - MarketsFarm 5 days ago

MarketsFarm — Western Canada’s oats market is stable at prices a bit better than a year ago, as harvest gets underway and participants wait to see how much will move off the combine to the market. Early yield reports range anywhere from 80 to 140 bushels per acre, said Tyler Palmer, grain buyer with Emerson […] Read more

Canola, Crops, Markets

Funds cover canola short positions

By Phil Franz-Warkentin - MarketsFarm August 16, 2019

MarketsFarm — Fund traders covered some of 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 66,293, a decrease of roughly 3,000 contracts […] Read more

Crops, Markets, Spring Wheat

Cash wheat: Bids mixed, watching futures and currency

By Phil Franz-Warkentin - MarketsFarm August 16, 2019

MarketsFarm — Wheat bids in Western Canada were narrowly mixed during the week ended Thursday, with losses in U.S. futures countered by support from a softer Canadian dollar. The Canadian dollar was down by roughly a third of a cent relative to its U.S. counterpart, while the futures were all lower following bearish U.S. Department […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola watching pre-harvest weather

By Phil Franz-Warkentin - MarketsFarm August 14, 2019

MarketsFarm — ICE canola futures held rangebound during the week ended Wednesday, with uncertainty over new-crop production likely to keep some caution in the market over the next few weeks. “Canola is very attractively priced right now,” said Ken Ball of PI Financial in Winnipeg, noting crush margins have improved significantly in recent weeks to […] Read more

Canola, Crops, Markets

Funds add to canola short position in early August

By Phil Franz-Warkentin - MarketsFarm August 12, 2019

MarketsFarm — Fund traders added to their large net short position in canola during the first week of the new crop year, 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 at 69,062 on Tuesday (Aug. 6), […] Read more

Canola, Markets

Canadian canola exports a million tonnes off year-ago pace

By Phil Franz-Warkentin - MarketsFarm July 26, 2019

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 on the year. Canada has […] Read more

Barley, Markets

Feed weekly outlook: Feed grain bids fall with rain

By Phil Franz-Warkentin - MarketsFarm July 26, 2019

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 prices have come off by […] Read more

Corn, Crops, Soybeans

CBOT weekly outlook: Soybeans and corn watching weather, waiting on acreage numbers

By Phil Franz-Warkentin - MarketsFarm July 24, 2019

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 results of an acreage resurvey […] Read more

Japan set to grant TPP-level access for U.S. beef, pork

New EU import curbs on fruit not Canada-specific

U.S. livestock: CME hogs limit down as trade war heats up

GFM Network News

Japan set to grant TPP-level access for U.S. beef, pork

New EU import curbs on fruit not Canada-specific

U.S. livestock: CME hogs limit down as trade war heats up

Author Archives Phil Franz-Warkentin - MarketsFarm

Canada boosts 2019-20 wheat production estimate

Pulse weekly outlook: India’s monsoons catch up, but crops still at risk

Oats market steady, watching harvest

Funds cover canola short positions

Cash wheat: Bids mixed, watching futures and currency

ICE weekly outlook: Canola watching pre-harvest weather

Funds add to canola short position in early August

Canadian canola exports a million tonnes off year-ago pace

Feed weekly outlook: Feed grain bids fall with rain

CBOT weekly outlook: Soybeans and corn watching weather, waiting on acreage numbers

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