Insights and Stories of Phil Franz-Warkentin

StatsCan report confirms tightening canola, wheat supplies

May. 6, 2016 at 12:01 pm CDT

CNS Canada — Canadian canola and wheat supplies are much tighter heading into the final months of the 2015-16 crop year than they were at the same point a year ago, according to Statistics Canada’s latest stocks report. StatsCan pegged the country’s canola stocks, as of March 31, at 7.49 […]

CBOT weekly outlook: Soy, corn consolidating

May. 4, 2016 at 4:07 pm CDT

By Phil Franz-Warkentin

StatsCan grain stocks data to confirm feed demand, production

May. 4, 2016 at 11:32 am CDT

By Phil Franz-Warkentin

Seeding underway in southern Alberta

Apr. 29, 2016 at 7:19 pm CDT

By Phil Franz-Warkentin

Weekly canola crush hits yearly low

Apr. 29, 2016 at 7:11 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Still room higher for canola

Apr. 27, 2016 at 4:07 pm CDT

CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, with the biggest gains in the front months. While the market ran into some resistance on Wednesday, there is still more room to the upside from both a chart and fundamental perspective. “We’re still in […]

By Phil Franz-Warkentin

Prairie spring wheat bids mixed amid opposing outside factors

Apr. 25, 2016 at 11:20 am CDT

CNS Canada — Cash spring wheat bids across Western Canada were narrowly mixed during the week ended Friday, with prices up slightly in some locations and down in others. Spillover from gains in U.S. futures was offset by the bearish influence of the rising Canadian dollar. Depending on the location, […]

By Phil Franz-Warkentin

Rising durum acres offset by declining spring wheat

Apr. 22, 2016 at 12:13 pm CDT

CNS Canada –– Increased durum acres in Canada may limit the upside potential as far as prices are concerned, but smaller spring wheat plantings will also limit the downside, according to a durum trader. Statistics Canada on Thursday pegged intended durum acres at 6.12 million acres, which would be up […]

By Phil Franz-Warkentin

Record-low summerfallow expected

Apr. 21, 2016 at 8:40 pm CDT

CNS Canada — Changing farm practices and moving world markets over the years have seen shifts in the makeup of the crops grown in Canada — but the most noticeable change in the past three decades may be the amount of land seeded to nothing. Heading into the 2016 growing […]

By Phil Franz-Warkentin

Farmers big on pulses, but canola down on the year

Apr. 21, 2016 at 5:13 pm CDT

CNS Canada — Canadian farmers will be seeding record acres of peas and lentils this spring, as expected, but the increases to pulse crops are coming at the expense of canola — which saw acres come in below expectations in a report out from Statistics Canada. In its first acreage […]

By Phil Franz-Warkentin