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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

File photo of a BNSF grain train in Montana. (Photo courtesy BNSF Railway)
Crops, Markets

Feed weekly outlook: U.S. corn keeps making way into Canadian rations

Ease of sourcing corn by rail an attractive feature

By Phil Franz-Warkentin June 29, 2023
MarketsFarm — The size and quality of the 2023 Canadian grain crop is still very much in the air, but domestic feeders intend to keep at least some corn from […] Read more

Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Crops, Markets

Canadian canola, wheat area up on the year: StatCan

More soybean, corn acres also estimated

By Phil Franz-Warkentin June 28, 2023
MarketsFarm — Canadian farmers planted more canola than earlier intentions, according to updated acreage estimates from Statistics Canada released Wednesday. Meanwhile, wheat plantings hit their highest level in more than […] Read more


(Iggi_Boo/iStock/Getty Images)
Markets

Pulse weekly outlook: Exports strong through three quarters

Prices rationing demand for old-crop

By Phil Franz-Warkentin June 27, 2023
MarketsFarm — Canadian pulse exports continue at a solid pace through nine months of the 2022-23 marketing year, with old-crop prices trending higher over the past month as the market […] Read more

(Dave Bedard photo)
Crops, Markets

Net short drops in canola as funds cover positions

Traders expand net longs in soy, corn

By Phil Franz-Warkentin June 27, 2023
MarketsFarm — Speculative traders were busy covering short positions in ICE Futures canola during the week ended June 20, taking the net short position in the market to its smallest […] Read more

(Dave Bedard/File photo)
Crops, Markets

AAFC’s June supply/demand estimates mostly unchanged

Corn exports adjusted upward

By Phil Franz-Warkentin June 22, 2023
MarketsFarm — Monthly supply/demand projections from Agriculture and Agri-Food Canada were left mostly unchanged in June, as the department awaits updated acreage estimates from Statistics Canada at the end of […] Read more


ICE July 2023 canola with 20-day moving average (yellow line, right scale) and CBOT July 2023 soybean oil (dark green line, left scale). (Barchart)
Crops, Markets

ICE weekly outlook: Canola market rising into summer

New StatCan acreage estimates out next week

By Phil Franz-Warkentin June 22, 2023
MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets […] Read more

(Dave Bedard photo)
Crops, Markets

ICE canola futures see record daily trade volume

Previous record trading day was in 2014

By Phil Franz-Warkentin June 17, 2023
MarketsFarm — The ICE Futures canola market on Friday saw its busiest day ever, with over 90,000 contracts traded during the session, according to preliminary data. Intermonth spreading accounted for […] Read more

Soil cracks around corn plants below knee-high at Manchester Township, about 130 km west of Philadelphia in southern Pennsylvania, on June 6, 2023. (Photo: Paul Kuehnel/USA Today Network via Reuters)
Crops, Markets

CBOT weekly outlook: Weather market for soy, corn

U.S. targets for biofuel blending pending

By Phil Franz-Warkentin June 14, 2023
MarketsFarm — With soybean and corn seeding nearing completion across the United States, attention in the futures markets is focused squarely on growing conditions. “We’re in a weather market, so […] Read more


(File photo by Dave Bedard)
Crops, Markets

Fund short position grows in canola

Traders net long in soy, K.C. wheat

By Phil Franz-Warkentin June 13, 2023
MarketsFarm — The speculative short position in canola grew to is largest level in nearly three months in early June, as investors covered longs and put on more bearish bets, […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Hard red spring wheat bids rise

MGEX wheat rally offsets rising loonie

By Phil Franz-Warkentin June 12, 2023
MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as a rally in Minneapolis spring wheat futures countered the bearish influence of a […] Read more

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