Insights and Stories of Phil Franz-Warkentin

Canada’s pulse acres set to rise, wheat likely lower

Apr. 19, 2016 at 7:12 pm CDT

CNS Canada –– Early seeding operations are already underway in parts of Western Canada, and the general sentiment is that farmers are planting more peas and lentils at the expense of most everything else. Statistics Canada releases its first survey-based acreage estimates of the year on Thursday. “I think we’ll […]

CBOT weekly outlook: Soy, corn may be nearing highs

Apr. 13, 2016 at 6:59 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola wary of soybean rally

Apr. 13, 2016 at 6:48 pm CDT

By Phil Franz-Warkentin

North Africa showing solid demand for durum

Apr. 8, 2016 at 7:08 pm CDT

By Phil Franz-Warkentin

North Dakota wheat acres seen likely to beat forecast

Apr. 6, 2016 at 7:02 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola ebbs, flows in wide range

Apr. 6, 2016 at 6:47 pm CDT

CNS Canada –– ICE Futures Canada canola contracts have moved steadily higher over the past month, but the market remains rangebound overall. “There are underlying supportive influences for canola, but it still comes down to the bigger trends in vegetable oils and oilseeds competing internationally,” said Mike Jubinville of ProFarmer […]

By Phil Franz-Warkentin

Ocean freight rate index climbs

Mar. 29, 2016 at 5:48 pm CDT

CNS Canada — Ocean freight rates have shown some steady strength over the past two months, with the Baltic Dry Index (BDI) back above 400 points. The BDI set a record low of 290 points on Feb. 10-11, but has since posted steady gains, settling at 409 on Tuesday. While […]

By Phil Franz-Warkentin

Prairie spring wheat bids rise as loonie falls

Mar. 29, 2016 at 1:39 am CDT

CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Thursday, as weakness in the Canadian dollar helped prop up prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $5-$8 per tonne over the course of the […]

By Phil Franz-Warkentin

Feed barley due for spring rally

Mar. 24, 2016 at 1:57 pm CDT

CNS Canada –– Feed barley in Western Canada usually sees a spring rally at this time of year, although the uptrend this year will be limited by large supplies still overhanging the market. Feed grains had trended lower through late February and into early March, with feed wheat leading to […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola turning sideways

Mar. 23, 2016 at 5:13 pm CDT

CNS Canada –– ICE Futures Canada canola contracts hit some of their best levels in a month during the week ended Wednesday, but appear to have run into resistance from a chart standpoint as the near-term outlook shifts sideways. The May contract hit a session high of $476 per tonne […]

By Phil Franz-Warkentin