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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

(Dave Bedard photo)
Crops, Markets

Large speculative short position in canola dips slightly

Net long in CBOT soybeans increases

By Phil Franz-Warkentin November 20, 2023
MarketsFarm — The large managed money short position in canola futures dipped slightly during the week ended Nov. 14, as speculators bought back some of their bearish bets, according to […] Read more

Photo: Thinkstock
Crops, Markets

CBOT weekly outlook: All eyes in Chicago soybeans, corn looking south

Soybeans have been trending higher over the past few weeks, while corn touched two-year lows

By Phil Franz-Warkentin November 15, 2023
Shifting South American weather forecasts will likely keep the soybean and corn markets at the Chicago Board of Trade on edge over the next few months, as crops in Brazil and Argentina develop.


(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids up in early November

U.S. wheat futures up on week

By Phil Franz-Warkentin November 11, 2023
MarketsFarm –– Spring wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: U.S. corn moving into Canadian feedlots

Canada's feed grain exports down on year

By Phil Franz-Warkentin November 9, 2023
MarketsFarm — The steady flow of corn from the United States into Canadian feedlots should keep prices for domestic feed grains under pressure for the foreseeable future. Canada imported 91,100 […] Read more

Yellow peas. (Victoria Popova/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Pea exports solid so far, lentils down on year

By Phil Franz-Warkentin November 8, 2023
MarketsFarm — Canadian pea exports are running at a solid pace through the first two months of the 2023-24 marketing year, despite smaller production, as exports of newly-harvested supplies in […] Read more


(File photo by Dave Bedard)
Crops, Markets

Net speculative short position in canola tops 100,000 contracts

Net long increases in CBOT soy

By Phil Franz-Warkentin November 7, 2023
MarketsFarm — Speculative fund traders continued to add to their large short positions in canola futures during the last week of October, taking the net managed money short position over […] Read more

ICE January 2024 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Falling canola market seeks support

Canola seen as 'fairly cheap' but not attracting interest

By Phil Franz-Warkentin November 1, 2023
MarketsFarm — The ICE Futures canola market continued its months-long downtrend as the calendar flipped over to November, with the futures looking for an outside catalyst to spark a corrective […] Read more

(File photo by Dave Bedard)
Crops, Markets

Fund short position hits new record in ICE canola

Traders return to net long on soybeans

By Phil Franz-Warkentin October 30, 2023
MarketsFarm — The net speculative short position in the ICE Futures canola market rose to its largest level ever recorded as fund traders put on fresh bearish bets and liquidated […] Read more


A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: Seasonal harvest pressure weighs on soy, corn

Soyoil/meal spread worth watching

By Phil Franz-Warkentin October 26, 2023
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade may be hard pressed to move much higher in the short-term, as advancing harvest operations across the U.S. […] Read more

(Photo: Dave Bedard/File)
Crops, Markets

Little change in AAFC’s October supply/demand outlook

Canola, wheat, pea carryout estimates unchanged

By Phil Franz-Warkentin October 24, 2023
MarketsFarm — Supply/demand estimates for Canadian grains and oilseeds saw little change in the latest outlook for principal field crops from Agriculture and Agri-Food Canada (AAFC) released Monday. Canola ending […] Read more

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