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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

(Christophe Paul photo courtesy USDA)
Crops, Markets

U.S. stocks data bearish for soybeans, bullish on corn

By Phil Franz-Warkentin September 30, 2023
MarketsFarm — The U.S. corn carryout for the 2022-23 crop year came in below average trade guesses while soybean supplies were above expectations, according to the quarterly stocks report from […] Read more

File photo of a Wyoming corn crop. (RiverNorthPhotography/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Soy, corn trade watch harvest weather

USDA to publish quarterly stocks data Friday

By Phil Franz-Warkentin September 27, 2023
MarketsFarm — Harvest operations for soybeans and corn are in their early stages, with seasonal selling pressure likely to limit any upside potential in the futures markets over the next […] Read more


On the morning of Dec. 30, the nearby January canola contract apparently hit a new all-time high.  Photo: File
Crops, Markets

Tightening canola stocks projected, AAFC says

Wheat, barley, oat, pea stocks also projected lower

By Phil Franz-Warkentin September 27, 2023
MarketsFarm –– Canadian canola carryout supplies for the current marketing year will likely end up tighter than earlier expectations, according to updated supply/demand balance sheets from Agriculture and Agri-Food Canada […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Harvest pressure, falling U.S. futures weigh on bids

Canadian dollar up on the week

By Phil Franz-Warkentin September 23, 2023
MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as seasonal harvest pressure and losses in U.S. futures weighed on values. Average Canada Western […] Read more

(File photo by Dave Bedard)
Crops, Markets

Funds flip back to net short in canola

Trade remains net long in soybeans, for now

By Phil Franz-Warkentin September 23, 2023
MarketsFarm — The overall fund position in ICE Futures canola flipped from a net long to a net short during the week ended Tuesday, marking the first net short position […] Read more


Barley. (Doug Wilson photo courtesy ARS/USDA)
Crops, Markets

Feed weekly outlook: Harvest pressure, looming corn imports weigh on barley bids

Some yields turn out 'better than expected'

By Phil Franz-Warkentin September 21, 2023
MarketsFarm — Seasonal harvest pressure and expectations for large corn deliveries from the United States should limit any upside potential in feed barley bids in Western Canada for the foreseeable […] Read more

(Iggi_Boo/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Canada’s prices well supported given smaller crops

Dispute between Canada, India to be watched closely

By Phil Franz-Warkentin September 19, 2023
MarketsFarm — Canadian pulse production came in well below average in 2023, keeping prices supported for the time being. Total pea production was pegged at 2.27 million tonnes by Statistics […] Read more

(Dave Bedard photo)
Crops, Markets

Fund long position drops in canola

Net long in CBOT soybeans also down on week

By Phil Franz-Warkentin September 18, 2023
MarketsFarm — Fund traders have been busy liquidating long positions and putting on new bearish canola bets in early September. The net managed money long position in the ICE Futures […] Read more


ICE November 2023 canola with 20- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Harvest pressure to weigh on canola

StatCan report not expected to cause much stir

By Phil Franz-Warkentin September 14, 2023
MarketsFarm — The ICE Futures canola market posted gains for the first time in more than a week on Wednesday, but damage was done from a chart standpoint with mounting […] Read more

File photo of a federal office building in downtown Winnipeg. (Dave Bedard photo)
Crops, Markets

Canada’s canola carryout up on year, wheat down slightly

Barley, oats, peas also up on year

By Phil Franz-Warkentin September 9, 2023
MarketsFarm — Canadian canola ending stocks edged higher in 2022-23, while wheat carryout was slightly lower, according to the latest stocks data from Statistics Canada, released Friday. Barley, oats and […] Read more

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