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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

Photo: Canstock
Markets

Canola short position up again in early March

By Phil Franz-Warkentin, GFM Network News March 11, 2024
The net speculative short position in canola continued to rise in the first trading days of March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

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

Canadian canola acres to dip in 2024, wheat steady: StatCan

Lower prices, moisture concerns cited; moisture has since improved somewhat

By Phil Franz-Warkentin, GFM Network News March 11, 2024
Canadian farmers intend to seed less canola in 2024 compared to the previous year, while overall wheat area should hold relatively steady, according to the latest Statistics Canada survey results released March 11.


Photo: Thinkstock
Markets

ICE canola showing signs of stabilizing

Expectations for slightly lower canola acres ahead of StatCan report

By Phil Franz-Warkentin, GFM Network News March 6, 2024
The ICE Futures canola market may finally be showing signs of stabilizing after its long downtrend, although the upside could be limited for the time being.

Photo: File
Markets

Australia wraps up winter wheat/canola harvest

Production beats earlier forecasts, but are still down on the year

By Phil Franz-Warkentin, GFM Network News March 5, 2024
Australia’s winter harvest has wrapped up, with wheat and canola production beating earlier forecasts but still down on the year, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).


(Photo courtesy Canada Beef Inc.)
Markets

Feed barley stuck in downtrend

Canada has imported 564,900 tonnes of U.S. corn since Sept. 1

By Phil Franz-Warkentin, GFM Network News February 29, 2024
The Western Canadian feed market remains under pressure, with barley bids stuck in a steady downtrend.

Warm spring in the forecast for most of Canada
Weather

Warm spring in the forecast for most of Canada

Moisture predicted to be normal across most of the country

By Phil Franz-Warkentin, GFM Network News February 29, 2024
All of Canada, aside from Yukon and parts of the Northwest Territories are expected to see warmer than normal temperatures over the next three months, according to the latest long-range seasonal forecast from Environment and Climate Change Canada, released Feb. 28.


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General, Weather

Fading El Niño to be replaced by La Niña: The Weather Network

Warmer than normal temperatures expected to continue on the Prairies

By Phil Franz-Warkentin, GFM Network News February 28, 2024
Fading El Niño weather patterns will be replaced by La Niña conditions heading into the summer, according to the latest seasonal forecast from The Weather Network.

(Kat72/iStock/Getty Images)
General, Markets

Spring road restrictions coming soon to Prairies

Grain, equipment movement can be affected by road bans

By Phil Franz-Warkentin, GFM Network News February 27, 2024
The spring melt across Western Canada will cause disruptions to grain and livestock movement, as seasonal spring road restrictions come into effect across the Prairies.


Photo: Canstock
Markets

Managed money still adding to record large canola short position

Net short position in soybeans increased by about 2,300 contracts

By Phil Franz-Warkentin, GFM Network News February 26, 2024
Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

  Photo: Greg Berg
Markets

Prairie wheat bids mixed as choppy futures trend lower

Wheat futures tested fresh contract lows

By Phil Franz-Warkentin, GFM Network News February 24, 2024
Spring wheat bids in Western Canada were mixed during the week ended Feb. 23 as choppy activity in the United States futures spilled into the cash market.


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