Insights and Stories of Phil Franz-Warkentin

ICE weekly outlook: Canola under pressure

Mar. 15, 2017 at 3:45 pm CDT

CNS Canada — ICE Futures Canada canola contracts posted large losses during the week ended Wednesday, and could be due for further declines as outside market influences remain bearish. “There are no bullish factors in the market at all,” said Wayne Palmer, senior market analyst with Agri-Trend Canada, adding “we’re […]

U.S. wheat market watching weather closely

Mar. 14, 2017 at 6:44 pm CDT

By Phil Franz-Warkentin

Sideways canola futures well above chart support

Mar. 9, 2017 at 4:36 pm CST

By Phil Franz-Warkentin

Manitoba storm may cause more than travel delays

Mar. 7, 2017 at 4:15 pm CST

By Phil Franz-Warkentin

Canola’s impact shown throughout Canadian economy

Mar. 2, 2017 at 6:04 pm CST

By Phil Franz-Warkentin

CBOT weekly outlook: Traders look for fire behind the smoke

Mar. 1, 2017 at 5:04 pm CST

CNS Canada –– Rumoured changes to U.S. renewable fuels policy gave corn and soybean futures at the Chicago Board of Trade a boost this week — but it will likely take confirmed fundamental news for the advances to be sustained. The unconfirmed reports circulating the market on Tuesday were that […]

By Phil Franz-Warkentin

Wheat disease risk sees farmers looking to oats

Feb. 27, 2017 at 6:41 pm CST

CNS Canada — Canadian farmers are showing an increased interest in seeding oats this spring, despite a lack of activity from a pricing standpoint, as quality concerns in wheat and barley have growers looking to other cereals. “We are seeing a huge influx of acres into oats,” said Scott Shiels, […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola sturdy, but watching beans

Feb. 22, 2017 at 5:23 pm CST

CNS Canada — ICE Futures Canada canola contracts drifted lower during the week ended Wednesday, but are still holding up rather well compared to the U.S. soy complex. “Canola is very sturdy,” said Ken Ball of PI Financial in Winnipeg, noting the Canadian oilseed has gained about $55 per tonne […]

By Phil Franz-Warkentin

Canola crush margins continue downward slide

Feb. 17, 2017 at 5:17 pm CST

CNS Canada — Canola crush margins have continued their downward slide, falling to their lowest levels in 10 months over the past week. As of Friday, the Canola Board Crush Margins calculated by ICE Futures Canada were at about $86 above the March contract, which compares with levels a month […]

By Phil Franz-Warkentin

Large number of vessels waiting to load at West Coast

Feb. 16, 2017 at 4:18 pm CST

CNS Canada — A large backlog of ships is waiting to load grain at Canada’s West Coast due to a combination of poor weather, early arrivals and railroad logistical issues. The Port of Vancouver lineup included 26 vessels as of Tuesday, according to the latest weekly report from the federal […]

By Phil Franz-Warkentin