Insights and Stories of Phil Franz-Warkentin

Canada’s canola stocks drop beneath ‘low’ line

May. 19, 2017 at 6:54 pm CDT

CNS Canada — Canola supplies in commercial hands in Western Canada dropped below one million tonnes during the week ended Sunday, hitting only 854,600 tonnes, according to the latest Canadian Grain Commission report. Visible canola stocks are typically considered low whenever they move below one million tonnes. Current supplies on […]

MGEX spring wheat premium widening over winter wheat

May. 18, 2017 at 7:13 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Weather concerns keep room to the upside

May. 17, 2017 at 7:24 pm CDT

By Phil Franz-Warkentin

Prairie oats at tipping point

May. 17, 2017 at 6:23 pm CDT

By Phil Franz-Warkentin

Visible Canadian canola stocks tighten

May. 12, 2017 at 1:58 pm CDT

By Phil Franz-Warkentin

Canola chart turns neutral to bearish

May. 11, 2017 at 4:55 pm CDT

CNS Canada –– The ICE Futures Canada July canola contract has run into resistance from a chart standpoint and nearby technical signals look neutral to bearish. The contract fell from two-month highs the past two sessions, settling right at the 20-day moving average Thursday around $518 per tonne. Prior to […]

By Phil Franz-Warkentin

ICE weekly outlook: Tight supplies keep canola supported

May. 10, 2017 at 5:51 pm CDT

CNS Canada — ICE Futures Canada canola contracts were up and down during the week ended Wednesday, although the nearby bias could still be pointed higher, according to a market analyst. Statistics Canada is forecasting record canola seedings in 2017 of 22.4 million acres, but Wayne Palmer of Agri-Trend Marketing […]

By Phil Franz-Warkentin

Sunflowers down, but not out in Western Canada

May. 4, 2017 at 5:02 pm CDT

CNS Canada — Canadian sunflower plantings will be down in 2017, but perhaps not by as much as the official government estimate. Statistics Canada forecast the country’s sunflower area at only 50,000 acres in its planting intentions report. That would be down from 70,000 the previous year and the second-lowest […]

By Phil Franz-Warkentin

Mustard acres feeling squeeze from canola

Apr. 27, 2017 at 7:25 pm CDT

CNS Canada –– Following the largest mustard crop in more than a decade in 2016, supply/demand fundamentals are expected to spur a reduction in Canadian mustard seedings in 2017. However, with more and more cropland moving into canola, mustard acreage increases may be limited in future years when supplies are […]

By Phil Franz-Warkentin

Weather may put wrench in record-low summerfallow intentions

Apr. 26, 2017 at 8:20 pm CDT

CNS Canada –– The amount of land left to summerfallow in Western Canada could hit a new record low in 2017, according to the latest Statistics Canada data, as the practice falls more and more out of favour. However, weather conditions still have the final say, with ‘unintended’ summerfallow a […]

By Phil Franz-Warkentin