Insights and Stories of Phil Franz-Warkentin

CBOT weekly outlook: Soy, corn enter summer weather market

Jul. 5, 2017 at 5:47 pm CDT

CNS Canada — Soybean and corn futures posted solid gains over the past week, and may have more room to the upside as the U.S. Midwest enters the heat of summer. “It’s still early July, and we have the bulk of the important growing weather ahead of us,” said Rich […]

Canola climbs from bottom to top of chart in week

Jul. 4, 2017 at 4:47 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: New-crop uncertainty supports canola

Jun. 28, 2017 at 9:39 pm CDT

By Phil Franz-Warkentin

StatsCan wheat acres watched closely

Jun. 26, 2017 at 7:10 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola headed down, looking for spark

Jun. 21, 2017 at 5:10 pm CDT

By Phil Franz-Warkentin

Strong demand keeps Prairie feed barley well supported

Jun. 15, 2017 at 3:43 pm CDT

CNS Canada — Feed barley bids remain well supported in Western Canada, as solid demand and reluctant farmer selling keep the market underpinned heading into the summer months. “There is pretty decent demand. I’d say higher than average for this time of year,” said Brandon Motz, sales manager with CorNine […]

By Phil Franz-Warkentin

Spring wheat futures climb to two-year highs

Jun. 9, 2017 at 4:26 pm CDT

CNS Canada — Spring wheat futures in Minneapolis climbed to their highest levels in nearly two years during the week ended Friday, as weather concerns in major U.S. wheat-growing states provided support. The nearby July contract on Thursday hit a session high of US$6.1775 per bushel, the strongest level for […]

By Phil Franz-Warkentin

Visible canola stocks tightest in nearly three years

Jun. 2, 2017 at 5:55 pm CDT

CNS Canada –– Canola supplies in commercial hands in Canada dropped to their tightest level in nearly three years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 702,700, are down from the already tight level of 830,200 tonnes posted […]

By Phil Franz-Warkentin

ICE weekly outlook: More losses likely for bearish canola

May. 31, 2017 at 5:32 pm CDT

CNS Canada — ICE Futures Canada canola contracts posted large losses during the week ended Wednesday, and could be headed even lower, as bearish technicals and weakness in global economic markets outweigh supportive fundamentals. “We’re going into a seasonally slower demand period,” said Errol Anderson of ProMarket Communications. A downgrade […]

By Phil Franz-Warkentin

Lower North American durum acres keep attention on yields

May. 24, 2017 at 12:55 pm CDT

CNS Canada — North America’s smaller durum acreage base in 2017 could give prices a boost later in the growing season, depending on how yields shape up for the new crop, according to a U.S. analyst. Disease issues in 2016 and better projected returns for other crops in 2017 are […]

By Phil Franz-Warkentin