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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

A Shanghai container terminal. (Chuyu/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Exports solid through 10 months

West Coast ports move to clear strike backlog

By Phil Franz-Warkentin July 18, 2023
MarketsFarm — Canadian pulse exports continued at a solid pace through most of the 2022-23 marketing year, although recent disruptions on the West Coast may cut into the final total. […] Read more

(File photo by Dave Bedard)
Crops, Markets

Net short position nearly gone in canola

Traders still net short in CBOT wheat, corn

By Phil Franz-Warkentin July 14, 2023
MarketsFarm — Speculative traders continue to exit their bearish bets in canola, with the net short position dipping below 4,000 in the latest Commitments of Traders report from the U.S. […] Read more


ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola climbs on weather worries

Demand rationing also seen as supportive

By Phil Franz-Warkentin July 12, 2023
MarketsFarm — The ICE Futures canola market moved steadily higher during the week ended Wednesday, hitting its strongest levels in more than four months as bullish chart signals and production […] Read more

(Dave Bedard photo)
Crops, Markets

Fund short position hits six-month low in canola

CBOT soybeans show reduced net long

By Phil Franz-Warkentin July 10, 2023
MarketsFarm — The speculative short position in ICE Futures canola fell to its smallest level in six months at the beginning of July, as fund traders covered short positions and […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Acreage at forefront in soy, corn markets

USDA estimates were bullish for soy, bearish for corn

By Phil Franz-Warkentin July 5, 2023
MarketsFarm — Surprising acreage estimates released by the U.S. Department of Agriculture last Friday could remain a major feature in soybean and corn markets for the foreseeable future, as traders […] Read more


MGEX September 2023 hard red spring wheat with 20-day moving average and K.C. September 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

Prairie cash wheat: Canadian bids drop with U.S. futures

Canadian dollar also down on week

By Phil Franz-Warkentin June 30, 2023
MarketsFarm — Spring wheat bids in Western Canada dropped sharply during the week ended Thursday, as a selloff in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, […] Read more

File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)
Crops, Markets

U.S. farmers plant more corn, less soybeans in 2023

Total U.S. wheat acres estimated up about 8.5 per cent

By Phil Franz-Warkentin June 30, 2023
MarketsFarm — Farmers in the United States seeded more corn and less soybeans than earlier intentions in 2023, according to updated acreage data Friday from the U.S. Department of Agriculture. […] Read more

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

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