Phil Franz-warkentin Archives | Alberta Farmer Express

Cash wheat bids: CWRS up with U.S. futures, improved basis

MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with gains in some classes and losses in others as the domestic market reacted to adverse harvest weather and mixed activity in U.S. futures. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up by $4-$5 per […] Read more

Crops, Markets

Grains drop, soy firm following WASDE report

By Phil Franz-warkentin 4 days ago

MarketsFarm — Monthly supply/demand data from the U.S. Department of Agriculture were supportive for soybean prices but bearish for corn and wheat, with adjustments to yields and harvested acres providing a number of surprises. Corn futures saw the largest immediate reaction at the Chicago Board of Trade, as average yields were unexpectedly raised to 168.4 […] Read more

Barley, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: Prairie grain market finding a bottom

By Phil Franz-warkentin 5 days ago

MarketsFarm — The western Canadian feed grain market is showing signs of finding a bottom, as buyers wait to get a better handle on the quality of grain still unharvested across the Prairies. Feed barley is currently trading at around $200 per tonne in southern Alberta, while feed wheat bids are around $210, according to […] Read more

Cereals, Crops, Weather

Late North American durum faces quality downgrades

By Phil Franz-warkentin 6 days ago

MarketsFarm — Cool and wet conditions delaying harvest operations across North America’s durum-growing regions are cutting into the quality of the crop in both the U.S. and Canada, with widening price spreads likely going forward. “It’s been a challenging harvest,” said Erica Olson, marketing specialist with the North Dakota Wheat Commission. “We did have some […] Read more

Canola, Crops, Markets

Canola breaks out of sideways range, uptrend slowing

By Phil Franz-warkentin October 7, 2019

MarketsFarm — ICE Futures canola broke out of a long standing sideways trading range during the first week of October, but could be running out of steam to the upside from a technical standpoint. The nearby November contract had held within a $15 range between $440 and $455 per tonne all summer, but jumped out […] Read more

Canola, Crops, Markets

Funds hold steady in canola

By Phil Franz-warkentin October 7, 2019

MarketsFarm — Fund traders in the U.S. were busy covering short positions and putting on fresh longs in the soybean and corn markets during the week ended Oct. 1. Meanwhile, the net fund short position in canola held relatively steady, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading […] Read more

Canola, Crops, Markets, Weather

ICE weekly outlook: Upside limited for canola’s snow boost

By Phil Franz-warkentin October 2, 2019

MarketsFarm — An unwelcomed early winter storm sent ICE Futures canola contracts higher during the week ended Wednesday, but it will take outside support to sustain a rally, according to industry participants. Snow in Alberta and Saskatchewan and cool and wet conditions in Manitoba slowed harvest operations during the week, with about 60 per cent […] Read more

Crops, Weather

Late Canadian mustard crop facing quality downgrades

By Phil Franz-warkentin October 1, 2019

MarketsFarm — An early blast of snow and cold across the Prairies has delayed harvest operations for a mustard crop already running behind normal, with quality downgrades expected for any mustard still in the field. “It has to be absolutely flattened,” said mustard buyer Walter Dyck of Olds Products at Lethbridge on the effect of […] Read more

Canola, Crops, Markets

Funds cover some shorts in grains, oilseeds

By Phil Franz-warkentin September 30, 2019

MarketsFarm — The net fund short position in canola was reduced slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Speculators also bought back some of their bearish bets in soybeans and corn, the CoT report noted. The net managed money […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Barley’s slide slows as harvest drags

By Phil Franz-warkentin September 26, 2019

MarketsFarm — The slide in western Canadian feed grain prices over the past few months shows signs of slowing, as concerns over harvest delays supplant earlier concerns over large crops and quality downgrades. “The weather over the next week or so doesn’t look that great,” Allen Pirness of Market Place Commodities in Lethbridge said Thursday. […] Read more

Mosaic to further curb Saskatchewan potash output

Wet fall raises risk of Manitoba spring flood

Federal Tories pledge to postpone new livestock transport rules

GFM Network News

Mosaic to further curb Saskatchewan potash output

Wet fall raises risk of Manitoba spring flood

Federal Tories pledge to postpone new livestock transport rules

Author Archives Phil Franz-warkentin

Cash wheat bids: CWRS up with U.S. futures, improved basis

Grains drop, soy firm following WASDE report

Feed weekly outlook: Prairie grain market finding a bottom

Late North American durum faces quality downgrades

Canola breaks out of sideways range, uptrend slowing

Funds hold steady in canola

ICE weekly outlook: Upside limited for canola’s snow boost

Late Canadian mustard crop facing quality downgrades

Funds cover some shorts in grains, oilseeds

Feed weekly outlook: Barley’s slide slows as harvest drags

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Ag in the federal election debate, oats flow eternal, Canada’s soils get a grade, harvest progress delays

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 11, 2019.

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