Phil Franz-Warkentin

Winnipeg

Banjos, bicycles archaic art, and so much more. For work related updates on the agriculture markets, please see @cnscanada

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Articles

Speculators bail out of canola long positions

1 month ago | agcanada.com | Phil Franz-Warkentin

Introducing the NEW! AgCanada app. Stay in the know about the latest in agriculture. Thousands of topics, all carefully curated to match your interests! The app is now available for download on iOS and Android.
Tariffs roil Canadian grain markets

1 month ago | manitobacooperator.ca | Phil Franz-Warkentin

“March comes in like a lion and out like a lamb,” says the old proverb commonly tied to the idea that the month often starts with the last hurrah of winter before giving way to spring as the calendar turns to April. From an agricultural futures perspective, you could say March 2025 came in like the Looney Tunes Tasmanian Devil as the general chaos brought on by United States trade policies roiled markets.
New initiative to promote farmer mental health launched

1 month ago | agcanada.com | Phil Franz-Warkentin

Introducing the NEW! AgCanada app. Stay in the know about the latest in agriculture. Thousands of topics, all carefully curated to match your interests! The app is now available for download on iOS and Android.
Tariffs drive grain market moves

2 months ago | manitobacooperator.ca | Phil Franz-Warkentin

Tariffs — or the lack thereof — were at the forefront of the North American grain and oilseed markets during the first week of February, with canola futures getting a boost from the last-minute pause to threatened United States tariffs on Canadian imports. Read Also More food sovereignty action urged during tariff pause The National Farmers Union is urging the federal government to support Canadian farners and food sovereignty in the face of U.S. tariff threats.
Trump-effect volatility will be a perennial market mover

2 months ago | producer.com | Phil Franz-Warkentin

On-again, off-again tariff talk kept agricultural markets on edge with the inauguration of U.S. President Donald Trump. Living up to his name, the president’s whims and proclamations have a tendency of trumping anything else going on, and the early days of the new U.S. administration promised more of the same. While the initial flurry of executive orders on Jan. 20 included no direct mention of the import tariffs Trump had threatened to impose, the can was merely kicked down the road with Feb.
Agfinity declares bankruptcy

Nov 26, 2024 | producer.com | Phil Franz-Warkentin

Glacier FarmMedia/MarketsFarm – Agfinity Inc. officially filed for bankruptcy Nov. 25, slightly more than a month since the Alberta grain brokerage shut down operations and laid off employees. Read Also Grim outlook for new crop SASKATOON — Analysts speaking at a recent GrainFox market outlook webinar must have left their rose-coloured glasses in the drawer… The company owes $5.067 million to the 181 creditors listed in bankruptcy filings released Nov. 26.
ICE canola weekly outlook: Futures drop as demand fades - AGCanada

Nov 20, 2024 | agcanada.com | Phil Franz-Warkentin

ICE canola weekly outlook: Futures drop as demand fades Photo: Greg Berg Glacier FarmMedia | MarketsFarm — The ICE Futures canola market dropped to its lowest levels in a month on Nov. 20, with future moves likely dependent on what happens in outside markets.
Low loonie likely to continue

Nov 20, 2024 | manitobacooperator.ca | Phil Franz-Warkentin

The Canadian dollar has fallen to its weakest level since spring 2020, during the early days of the pandemic, and the downtrend shows no signs of easing. Read Also Trump effect lowers grain markets Canola, soy, corn and wheat markets were all impacted by geopolitical and weather factors in the second week of November. The currency traded above 74 U.S. cents to start October but lost two cents over the month and fell further after the U.S. election.
Agfinity shuttered, new brokerage facing online questions

Nov 19, 2024 | producer.com | Phil Franz-Warkentin

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Agfinity shuttered, new brokerage facing online questions - AGCanada

Nov 18, 2024 | agcanada.com | Phil Franz-Warkentin

Agfinity shuttered, new brokerage facing online questions (Collab Media/iStock/Getty Images) Stuck with a bin of heated canola and few options for marketing the downgraded crop, Barry Kitt of Myrnam, Alta. was happy this past summer when a brokerage found him a decent price.