Insights and Stories of Phil Franz-Warkentin

StatsCan production survey timing likely to skew results

Aug. 29, 2017 at 4:40 pm CDT

CNS Canada — Production of Canada’s major crops is generally expected to be down on the year after an adverse growing season in many areas. However, actual production may not end up as low as the estimates set to be released by Statistics Canada on Thursday, due to the timing […]

ICE weekly outlook: Canola rangebound ahead of harvest

Aug. 23, 2017 at 6:14 pm CDT

By Phil Franz-Warkentin

Canadian wheat bids decline with U.S. futures, but basis improves

Aug. 4, 2017 at 3:43 pm CDT

By Phil Franz-Warkentin

Soybean, corn market futures await USDA data

Aug. 2, 2017 at 3:03 pm CDT

By Phil Franz-Warkentin

Good quality, but small caliber Canadian chickpeas expected

Aug. 1, 2017 at 4:05 pm CDT

By Phil Franz-Warkentin

Canola market dips to rally, heat stress hits wheat crops

Jul. 31, 2017 at 3:44 pm CDT

CNS Canada – The ICE Canada canola market had a bit of a wild ride during the week ended July 28, with the November contract falling to its lowest level of the past month at one point before the brakes were hit on the drop and the market rallied $25 […]

By Phil Franz-Warkentin

Canadian wheat decline with U.S. futures, rising loonie

Jul. 31, 2017 at 3:33 pm CDT

CNS Canada – Hard red spring wheat bids in Western Canada lost ground during the week ended July 28, as declines in the US futures and strength in the Canadian dollar both weighed on prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by […]

By Phil Franz-Warkentin

ICE Canada Weekly Outlook: Canola off highs, but watching weather

Jul. 26, 2017 at 4:28 pm CDT

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts moved lower during the week ended July 26, as improving weather conditions in parts of Western Canada and the US Midwest saw speculators liquidating some of their long positions. While the nearby charts turned bearish, canola rebounded off of its lows […]

By Phil Franz-Warkentin

Aerial crop sprayers grounded in Western Canada

Jul. 21, 2017 at 6:09 pm CDT

CNS Canada — Aerial crop sprayers are spending more time on the ground than in the air in Western Canada this season, with hot and dry weather limiting disease pressures and changing the economic threshold for insect applications. “The crops came out of the ground very aggressively and good, but […]

By Phil Franz-Warkentin

Oats buyers filled for now, watching weather

Jul. 6, 2017 at 8:19 pm CDT

CNS Canada — The hot, dry weather concerns supporting spring wheat prices across North America are also lending some strength to oats, but large old-crop supplies and a lack of significant end-user demand is limiting price movement for now. “We’ve been bought up for old crop for months,” said Scott […]

By Phil Franz-Warkentin