Phil Franz-warkentin Archives | Alberta Farmer Express

Virus concerns add more uncertainty to cattle market

MarketsFarm — Cattle futures in Chicago dropped hard over the past few days, as mounting concerns over the new coronavirus in China triggered a broad-based selloff in global equities and commodities. While the virus adds an extra layer of uncertainty to the North American cattle market, expectations for solid beef demand should remain supportive for […] Read more

Canola, Crops, Markets, Soybeans

Large funds back on short side in soybeans

By Phil Franz-warkentin 4 days ago

MarketsFarm — Large fund traders have moved back to the short side in soybeans while only making small adjustments in 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 Tuesday at 20,366 contracts on […] Read more

Crops, Markets

AAFC forecasts more wheat, less canola seeded in spring

By Phil Franz-warkentin 4 days ago

MarketsFarm — Canada’s farmers will seed more wheat and less canola in the 2020 growing season, according to the first supply/demand estimates for the 2020-21 marketing year, released Thursday by Agriculture and Agri-Food Canada. Total seeded wheat area is forecast to rise to 25.77 million acres, from 25.02 million the previous year. Production is forecast […] Read more

Barley, Crops, Markets

Feed weekly outlook: Temperatures rise, Prairie bids cool down

By Phil Franz-warkentin 4 days ago

MarketsFarm — Feed grain bids in southern Alberta are cooling down as temperatures warm up after a bitter cold spell earlier in the month. After dealing with temperatures in the -20 C to -34 C range over much of the week ended Jan. 17, conditions in the key Lethbridge feeding area have flipped the other […] Read more

Crops, Markets, Peas, Pulses

Pulse weekly outlook: Uncertainty pervades markets

By Phil Franz-warkentin 6 days ago

MarketsFarm — The price spread between green and yellow peas continues to widen in Western Canada, but whether or not that trend will continue remains to be seen. Numerous outside factors lend a general air of uncertainty to the pulse market, according to a pulse trader. Green peas typically trade at a premium to yellow […] Read more

Cereals, Crops, Markets

Tighter supplies, solid demand underpin durum bids

By Phil Franz-warkentin January 20, 2020

MarketsFarm — Tighter global supplies are keeping the Canadian durum market well supported this winter, with firmer prices likely when the Port of Thunder Bay reopens for the spring. “We’re seeing a very strong export demand for durum,” said Jerry Klassen, manager of Canadian operations for Swiss-based GAP S.A. Grains and Products in Winnipeg. Canada […] Read more

Canola, Crops

CGC revises domestic canola usage downward

By Phil Franz-warkentin January 17, 2020

MarketsFarm — Domestic canola demand remained well ahead of exports in the latest Canadian Grain Commission report for the week ended Sunday — but revisions to data now show the crush pace is not quite as active as reported earlier in the month. The original data for the week ended Jan. 5 showed domestic disappearance […] Read more

Canola, Crops, Markets

Funds shift to long side in soybeans, covering canola shorts

By Phil Franz-warkentin January 17, 2020

MarketsFarm — Fund traders moved to a small net long position in soybeans and reduced their overall short position in canola during the second week of January, 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 […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola off highs, rangebound

By Phil Franz-warkentin January 15, 2020

MarketsFarm — ICE Futures canola contracts tested long-time chart resistance during the week ended Wednesday, but failed to break higher and retreated to hold rangebound overall. The Phase One trade deal signed Wednesday between the U.S. and China failed to give the grain and oilseed markets a boost, as the vague details of the actual […] Read more

Crops

Canary seed one step closer to ‘official’ status

By Phil Franz-warkentin January 14, 2020

MarketsFarm — Canary seed may still be a relatively minor special crop in Western Canada, but the grain is one step closer to gaining official status. Producers at the Canary Seed Development Commission of Saskatchewan annual general meeting on Monday in Saskatoon voted in favour of formally requesting canary seed’s inclusion under the Canada Grains […] Read more

Chinese meat packing giant locks in JBS supply

Virus concerns add more uncertainty to cattle market

U.S. grains: Corn, soy, wheat fall on coronavirus fears

GFM Network News

Chinese meat packing giant locks in JBS supply

Virus concerns add more uncertainty to cattle market

U.S. grains: Corn, soy, wheat fall on coronavirus fears

Author Archives Phil Franz-warkentin

Virus concerns add more uncertainty to cattle market

Large funds back on short side in soybeans

AAFC forecasts more wheat, less canola seeded in spring

Feed weekly outlook: Temperatures rise, Prairie bids cool down

Pulse weekly outlook: Uncertainty pervades markets

Tighter supplies, solid demand underpin durum bids

CGC revises domestic canola usage downward

Funds shift to long side in soybeans, covering canola shorts

ICE weekly outlook: Canola off highs, rangebound

Canary seed one step closer to ‘official’ status

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