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Phil Franz-Warkentin

Phil Franz-Warkentin

Editor - Daily News

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Phil Franz-Warkentin grew up on an acreage in southern Manitoba and has reported on agriculture for over 20 years. Based in Winnipeg, his writing has appeared in publications across Canada and internationally. Phil is a trusted voice on the Prairie radio waves providing daily futures market updates. In his spare time, Phil enjoys playing music and making art.


Stories by Phil Franz-Warkentin

Family farms at risk from higher capital gains rates: GGC
Business, Markets/Business

Family farms at risk from higher capital gains rates: GGC

By Phil Franz-Warkentin June 12, 2024
Glacier FarmMedia – Looming changes to Canada’s capital gains inclusion rates will increase average taxes by 30 per cent on the country’s family-run grain farms, putting their futures at risk, […] Read more

Canadian chickpea exports in April were down from the previous month.  Photo: File
Markets

Pulse weekly: Canadian pulse exports slowing

By Phil Franz-Warkentin June 11, 2024
Glacier FarmMedia – Canadian pulse exports are showing signs of slowing down entering the final months of the 2023/24 marketing year, as end users turn their attention to the looming […] Read more


With the higher taxes leading to increased costs for transferring a farm to the next generation, “this puts the family farm at risk,” says the Executive Director of Grain Growers of Canada.  Photo: MJ_Prototype/iStock/Getty Images
Business, Markets/Business, News

Family farms at risk from higher capital gains rates: GGC

By Phil Franz-Warkentin June 11, 2024
[UPDATED: June 11, 2024] Glacier FarmMedia – Looming changes to Canada’s capital gains inclusion rates will increase average taxes by 30 per cent on the country’s family-run grain farms, putting […] Read more

Graphic: Agriculture and Agri-Food Canada

Canadian drought conditions improve: AAFC

By Phil Franz-Warkentin June 11, 2024
Shifting weather patterns helped drought conditions significantly improve across much of Canada in May, with the most significant improvements seen through the southern Prairies where an upper-level low provided cooler […] Read more

Open interest in the canola market was down by 14,880 contracts on the week.  Photo: File
Markets

Fund short position grows in canola

By Phil Franz-Warkentin June 10, 2024
Fund traders were back on the sell side of the canola market in early June, putting on fresh bearish bets and growing their net short position, according to the latest […] Read more


(PortOfThunderBay.com)
Markets, News

Strong Thunder Bay grain movement through May

By Phil Franz-Warkentin June 6, 2024
The Port of Thunder Bay continues to see strong grain movement during the 2024 shipping season, with 923,700 tonnes moved in May, according to a report. That marked the second highest monthly grain total of the past two years and compares with 899,100 tonnes in May 2023.

 Photo: Greg Berg
Markets

ICE canola weekly outlook: Peaks likely in for the season

By Phil Franz-Warkentin June 5, 2024
The ICE Futures canola market fell sharply lower during the first few trading days of June, taking out several former support levels on the way down as large old crop supplies, relatively favourable new crop production prospects and speculative fund selling weighed on prices.

(Lightguard/E+/Getty Images)
Crops, Markets

Saskatchewan seeding progress running behind average

By Phil Franz-Warkentin May 30, 2024
Saskatchewan farmers made good seeding progress during the week ended May 27 although operations continue to run behind average as varied rainfall caused some delays, according to the latest weekly report from the provincial agricultural department.


Photo: Kelsey Pangborn/iStock/Getty Images
Livestock, Markets

‘Status quo’ for Prairie feed market

By Phil Franz-Warkentin May 30, 2024
Feed grain bids in Western Canada lack any clear direction for the time being, as farmers finish up spring seeding around consistent rains.

Photo: Thinkstock
Markets, News

Realized Canadian farm income up, net income down in 2023

Total farm cash receipts rose 4.4 per cent compared with 2022 on higher crop marketings; cattle prices

By Phil Franz-Warkentin May 29, 2024
Realized net income for Canadian farmers rose 18.3 per cent in 2023 to C$14.5 billion, as growth in receipts offset a rise in expenses, according to a report from Statistics Canada released May 29.

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