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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

Cassandra Morari, COO of Rack Petroleum Ltd. at Ag in Motion. Photo: Phil Franz-Warkentin
Machinery, News

Fuel hedging platform wins AIM innovation award

By Phil Franz-Warkentin July 17, 2024
Rack Petroleum Ltd.’s HedgeHog app allows users to confirm a guaranteed price for diesel for future delivery up to two years into the future.

Drone demo at AIM 2024
Crops

From AIM: Expect a year of drone drama

By Phil Franz-Warkentin July 17, 2024
Spray regulations haven't kept up with drone advancements.


(Elenaphotos/iStock/Getty Images)
Crops

Manitoba crops advancing with warm weather: report

By Phil Franz-Warkentin July 16, 2024
Warmer conditions across Manitoba during the week ended July 16 helped advance crop growth, with recent rainfall leaving most of the province with wet or optimal soil moisture conditions, according to the latest provincial crop report.

The “Off the Beaten Path” tour highlighted the multi-year research underway by several companies
News

Off the ‘slightly muddier’ beaten path at Discovery Farm

By Phil Franz-Warkentin July 16, 2024
The "Off the Beaten Path" demonstration tour presented by BMO at the Ag in Motion farm show July 16-18, highlighted the multi-year research underway by several companies at the 610-acre site, with the improved moisture levels in 2024 helping provide new data for the ongoing projects.


Short position in canola edges lower, while soybeans/corn rise. PHOTO Thinkstock
Markets

Short position in canola edges lower, while soybeans/corn rise

By Phil Franz-Warkentin July 15, 2024
The managed money short position in canola futures edged lower in the latest data, while bearish bets in soybeans hit their largest level in five years and the net short position in corn set a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

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

Alberta crop conditions steady at 74 per cent good-to-excellent

By Phil Franz-Warkentin July 12, 2024
Warm temperatures helped keep crop conditions well above average in Alberta during the week ended July 9, although heat stress could become a concern without cooler temperatures and more precipitation in the weeks ahead, according to the latest provincial crop report.


File photo of a Wyoming corn crop. (RiverNorthPhotography/iStock/Getty Images)
Markets

CBOT weekly: Good weather leads to new lows in Chicago soybeans and corn

By Phil Franz-Warkentin July 10, 2024
Soybean and corn futures at the Chicago Board of Trade fell to fresh contract lows in early July, as relatively favourable growing conditions and bearish technical signals weighed on values.

Prairie drought conditions improve in June: AAFC
Crops, Markets, Weather

Prairie drought conditions improve in June: AAFC

By Phil Franz-Warkentin July 9, 2024
Above-normal precipitation and cooler temperatures helped drought conditions improve across most of the Canadian Prairies in June, according to the latest drought monitor report from Agriculture and Agri-Food Canada showing conditions as of June 30.


File photo of stormy conditions over Alberta fields. (Larry Stickney/iStock/Getty Images)
Markets

Fund short position in canola at four-month high to start July

By Phil Franz-Warkentin July 8, 2024
Fund traders continued to add to their large net short positions in canola as the calendar flipped to the final month of the 2023/24 marketing year for the crop, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Photo: Canada Beef Inc.
Markets

Old crop feed barley in a steady downtrend

By Phil Franz-Warkentin July 4, 2024
Farmers still holding onto old crop feed barley in hopes of better prices may be out of luck this year, as bids continue to drift lower with attention in the market turning to the upcoming new crop.


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