Phil Franz-warkentin Archives | Alberta Farmer Express

ICE weekly outlook: Canola steady, awaits news

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain rangebound overall awaiting some fresh market-moving news. Some direction could come from the U.S. soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 deadline that will see the […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Improved basis underpins bids

By Phil Franz-warkentin November 29, 2019

MarketsFarm — Wheat bids in Western Canada were mostly higher during the week ended Thursday, as basis levels improved in most locations. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed during the week, with a steady to softer tone in Manitoba while Saskatchewan and Alberta saw gains of $1-$3 […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Firm Prairie market leveling off

By Phil Franz-warkentin November 28, 2019

MarketsFarm — Logistics issues moving grain where it needs to be in Western Canada continue to prop up feed prices, but the market is starting to level off, according to a broker. “We are seeing a bit of a shortage of trucks,” said Tracy Green of Market Master Ltd. in Edmonton, adding “things are still […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn stuck waiting on trade news

By Phil Franz-warkentin November 27, 2019

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade remain in a holding pattern, waiting for concrete news on ongoing negotiations between the United States and China. Activity during the last week of November was slowing down as traders moved to the sidelines ahead of the U.S. Thanksgiving holiday, with attention expected […] Read more

Canola, Crops, Markets

Speculators covering canola shorts in latest trading report

By Phil Franz-warkentin November 25, 2019

MarketsFarm — Commodity fund traders bought back some of their previously sold contracts 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 ICE Futures canola came in Tuesday at 50,987 contracts, a decrease […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Soft Minneapolis futures weigh on bids

By Phil Franz-warkentin November 22, 2019

MarketsFarm — Wheat bids in Western Canada were lower during the week ended Thursday, pressured by losses in U.S. futures. Hard red spring prices saw the largest drop, as Minneapolis futures trended lower despite adverse weather conditions across the U.S. Plains that helped underpin Chicago and Kansas City winter wheats. Average Canada Western Red Spring […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Tight logistics underpin barley in Feedlot Alley

By Phil Franz-warkentin November 21, 2019

MarketsFarm — The adverse 2019 harvest across Western Canada may have left more grain grading as feed than normal, but issues in getting that barley and wheat to livestock continue to prop up prices for the time being. “We’ve seen a rally in the feed barley market the last four weeks,” said Brandon Motz, of […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: Green pea bids still pointed higher

By Phil Franz-warkentin November 19, 2019

MarketsFarm — Green pea prices in Western Canada continue to rise, while bids for most of the other major pulses grown in the Prairies are also trending higher. Spot green pea bids have risen by about 70 cents per bushel over the past two weeks to currently top out at $10.50 per bushel, according to […] Read more

Canola, Crops, Markets

Fund traders hold steady in canola

By Phil Franz-warkentin November 15, 2019

MarketsFarm — Commodity fund traders are maintaining a steady short position in ICE Futures canola, 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 ICE Futures canola came in at 53,576 contracts on Tuesday, steady with the previous week. Open […] Read more

Canola, Crops, Markets

ICE weekly outlook: Steady canola market stuck in rut

By Phil Franz-warkentin November 13, 2019

MarketsFarm — ICE Futures canola held within a narrow range during the week ended Wednesday, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend in world vegetable oil prices […] Read more

JBS says U.S. IPO would not change headquarters

Prairie cash wheat: CWRS prices up, durum largely down

U.S. grains: Soy futures rise as China offers tariff waivers

GFM Network News

JBS says U.S. IPO would not change headquarters

Prairie cash wheat: CWRS prices up, durum largely down

U.S. grains: Soy futures rise as China offers tariff waivers

Author Archives Phil Franz-warkentin

ICE weekly outlook: Canola steady, awaits news

Prairie cash wheat: Improved basis underpins bids

Feed weekly outlook: Firm Prairie market leveling off

CBOT weekly outlook: Soy, corn stuck waiting on trade news

Speculators covering canola shorts in latest trading report

Prairie cash wheat: Soft Minneapolis futures weigh on bids

Feed weekly outlook: Tight logistics underpin barley in Feedlot Alley

Pulse weekly outlook: Green pea bids still pointed higher

Fund traders hold steady in canola

ICE weekly outlook: Steady canola market stuck in rut

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending December 6, 2019.

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