Articles by Phil Franz-warkentin | Manitoba Co-operator

Feed weekly outlook: Rising costs cut into cattle profits

MarketsFarm — Strong demand for beef has kept fed cattle prices in Western Canada well supported, but high feed grain prices continue to cut into profits in the feeder sector, according to CanFax analyst Brian Perillat. Fed cattle prices have rallied for most of 2021, he said, “so feedlots, after losing money for two to

(Photo courtesy Canary Seed Development Commission of Saskatchewan)

Crops

Canary seed gains official ‘grain’ status

New regulations to take effect Aug. 1

By GFM Network News, Phil Franz-warkentin 4 days ago

MarketsFarm — No longer just for the birds, canary seed will soon gain official status under the Canada Grain Act, the Canadian Grain Commission (CGC) announced Wednesday. Following stakeholder consultations and calls from producers the CGC is implementing regulatory changes for the crop effective Aug. 1. The move to official status was good news to

ICE July 2021 canola (candlesticks) with CBOT July 2021 soybeans (gold line). (Barchart)

Crops, Markets

ICE weekly outlook: Bare shelves keep all eyes on weather

By GFM Network News, Phil Franz-warkentin June 3, 2021

MarketsFarm — Hot and dry Prairie growing conditions helped ICE Futures canola contracts move higher to start the month of June, with weather forecasts likely to dictate where values move over the next few weeks. “We’re going into some very hot temperatures, and we’ll need another dose of rain in a week or two to

Crops, Markets

Prairie cash wheat: Bids correct higher

U.S. wheat futures up on week

By GFM Network News, Phil Franz-warkentin May 29, 2021

MarketsFarm — Wheat bids across Western Canada moved higher during the week ended Thursday, as U.S. futures saw a corrective bounce after falling to their softest levels in over a month. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8.50-$9 per tonne, according to price quotes from a

Barley. (Photo courtesy Canada Beef Inc.)

Crops, Markets

Feed weekly outlook: Canada’s barley exports show no signs of slowing

By GFM Network News, Phil Franz-warkentin May 29, 2021

MarketsFarm — Tight Canadian barley supplies, due in part to surging export demand, have kept feed grain bids well supported in the Prairies over the past few months. The cupboards, however, are not quite bare, with weekly Canadian barley exports hitting their second-highest level of the crop-year-to-date. Canada exported 175,500 tonnes of barley during the

CBOT July 2021 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets

CBOT weekly outlook: Soy, corn watching weather

By GFM Network News, Phil Franz-warkentin May 27, 2021

MarketsFarm — Corn and soybean futures at the Chicago Board of Trade have moved off of highs hit earlier in May as good planting conditions in the U.S. Midwest weighed on values. “We’re pretty much in a weather market right now,” Scott Capinegro of Barrington Commodity Brokers in Illinois said. He expected solid prices for

Crops, Markets

Pulse weekly outlook: India likely in need of more lentils

By GFM Network News, Phil Franz-warkentin May 26, 2021

MarketsFarm — A recent webinar co-hosted by the India Pulses and Grains Association and Pulse Australia focused on lentil production in the two countries, with tighter Indian supplies likely leading to increased import demand going forward. “The share of Australian lentils in India’s import has been 10 to 15 per cent over the last seven-eight

Crops, Markets, Weather

Dry weather may cut into Canadian crop prospects, AAFC says

By GFM Network News, Phil Franz-warkentin May 22, 2021

MarketsFarm — Dry weather conditions across Western Canada could cut into production prospects in the region, according to updated supply/demand tables released Thursday by Agriculture and Agri-Food Canada. “Extremely dry conditions prevail in large parts of Western Canada, allowing for rapid seeding progress which is trending ahead of normal; however, timely precipitation this spring and

Crops, Markets

Net long position in canola edging down

Net long increases in Chicago, K.C. wheat

By GFM Network News, Phil Franz-warkentin May 22, 2021

MarketsFarm — The managed money net long position in canola has edged down over the past few months, hitting its lowest level since August 2020 in the latest Commitment of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday, managed money fund traders were holding a net long position in ICE

ICE November 2021 canola (candlesticks) with 20-day moving average (green line) and July 2021 canola (yellow open/high/low/close). (Barchart)

Crops, Markets

ICE weekly outlook: Attention turns to new-crop canola

'Somebody's feet will be held to the fire'

By GFM Network News, Phil Franz-warkentin May 20, 2021

MarketsFarm — Wide price swings in the nearby ICE Futures July canola contract over the past few weeks have sent most commercial trade into the new-crop November, with direction in the front month hard to predict given recent volatility. “Where (July canola) finally goes off the board, I have no idea, but I wouldn’t be

U.S. grains: Corn, soy drop; soyoil limit-down

U.S. livestock: Cattle gain on strong packer margins

U.S. livestock: Lean hogs end mostly higher

GFM Network News

U.S. grains: Corn, soy drop; soyoil limit-down

U.S. livestock: Cattle gain on strong packer margins

U.S. livestock: Lean hogs end mostly higher

Author Archives Phil Franz-warkentin

Feed weekly outlook: Rising costs cut into cattle profits

Canary seed gains official ‘grain’ status

ICE weekly outlook: Bare shelves keep all eyes on weather

Prairie cash wheat: Bids correct higher

Feed weekly outlook: Canada’s barley exports show no signs of slowing

CBOT weekly outlook: Soy, corn watching weather

Pulse weekly outlook: India likely in need of more lentils

Dry weather may cut into Canadian crop prospects, AAFC says

Net long position in canola edging down

ICE weekly outlook: Attention turns to new-crop canola

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Springtime signals shearing, animal protection laws see dispute, markets eye the weather

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 11, 2021.

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