Insights and Stories of Phil Franz-Warkentin

Shallow roots potential concern for Manitoba sunflowers

Jul. 29, 2016 at 4:19 pm CDT

Commodity News Service Canada – Sunflower crops in Manitoba are generally in good shape for this time of year, but excess moisture in the key growing areas have kept root systems shallow, which could create problems later in the season, according to an industry participant. It’s still relatively early for sunflowers, with diseases […]

Manitoba edible bean prospects hampered by wet weather

Jul. 27, 2016 at 5:07 pm CDT

By Phil Franz-Warkentin

Weak U.S. wheat futures watching European crops

Jul. 26, 2016 at 3:57 pm CDT

By Phil Franz-Warkentin

Canola drops hard, nearing major chart support

Jul. 7, 2016 at 3:31 pm CDT

By Phil Franz-Warkentin

Baltic Dry Index edging higher

Jul. 6, 2016 at 1:59 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola clawing back from sharp losses

Jun. 29, 2016 at 6:27 pm CDT

CNS Canada — ICE Futures Canada canola contracts were slowly clawing their way back after dropping to their weakest levels in three months over the past week. The market likely has more room to the upside, although weather conditions will be a major factor driving prices through the summer months. […]

By Phil Franz-Warkentin

Canada’s canola, pulse acres rise at grains’ expense

Jun. 29, 2016 at 10:45 am CDT

CNS Canada — Canadian farmers adjusted their acreage ideas to seed more canola and pulses at the expense of grains, according to the updated Statistics Canada field crop area report released June 29. The adjustments were largely in line with trade guesses — and attention in the markets is quickly […]

By Phil Franz-Warkentin

More canola and pulses, less wheat expected in Canada

Jun. 24, 2016 at 7:26 pm CDT

CNS Canada — Canadian farmers likely seeded more canola and pulse acres than originally thought this spring, but less wheat, according to average trade estimates ahead of Statistics Canada’s next official survey results due out June 29. Poor returns per acre and frustrations over grading issues had some farmers backing […]

By Phil Franz-Warkentin

Cash oats disconnect from falling futures

Jun. 23, 2016 at 4:46 am CDT

CNS Canada — Oat futures at the Chicago Board of Trade may be trending lower, but any further losses in the futures will only cause basis levels in the Canadian countryside to widen further, as farmers are reluctant to sell below their targeted levels. The delivery specs against CBOT oats […]

By Phil Franz-Warkentin

Canola charts turn bearish

Jun. 21, 2016 at 7:38 pm CDT

CNS Canada — ICE Futures Canada canola contracts have crashed hard the past few days, losing roughly $40 per tonne since hitting some of their highest levels of the past year the previous week, as speculators bailed out of long positions. The most active November contract settled at $493.60 per […]

By Phil Franz-Warkentin