Insights and Stories of Phil Franz-Warkentin

Canola crush hits new weekly record

Mar. 18, 2016 at 3:21 pm CDT

CNS Canada — Canadian canola processors are running at close to full capacity, despite any softness in crush margins, with the weekly crush hitting its largest level ever, according to the latest data from the Canadian Oilseed Processors Association (COPA). The weekly canola crush hit 188,081 tonnes during the week […]

CBOT weekly outlook: Trade now watching weather

Mar. 16, 2016 at 4:49 pm CDT

By Phil Franz-Warkentin

Prairie wheat bids rise with U.S. futures

Mar. 14, 2016 at 3:16 pm CDT

By Phil Franz-Warkentin

Oats’ buyers, sellers far apart on price

Mar. 10, 2016 at 4:43 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola recovers, but faces resistance

Mar. 9, 2016 at 7:17 pm CST

By Phil Franz-Warkentin

Mild winter, poor snow cover watched in Alberta, Saskatchewan

Mar. 2, 2016 at 8:37 pm CST

CNS Canada –– A milder than normal winter, with a lack of significant snow cover across much of Alberta and Saskatchewan, may be raising concerns in parts of the Prairies — but there is still plenty of time before spring seeding will begin. “There’s not much moisture there,” said Harry […]

By Phil Franz-Warkentin

Prairie spring wheat bids drop as loonie rises

Feb. 29, 2016 at 1:32 pm CST

CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as the strengthening Canadian dollar cut into basis levels. Average Canada Western Red Spring (CWRS) wheat prices were down by about $5-$7 per tonne over the course of the week, according to price […]

By Phil Franz-Warkentin

Spring road bans to slow grain movement across Prairies

Feb. 25, 2016 at 7:01 pm CST

CNS Canada –– Spring road bans are starting to be put into place across Western Canada as temperatures warm up in the Prairie provinces. The annual restrictions set axle weight limits for vehicles moving on certain roads in an effort to reduce the damage heavier loads can cause during the […]

By Phil Franz-Warkentin

ICE weekly outlook: ‘Time will tell’ for canola after drop

Feb. 24, 2016 at 4:45 pm CST

CNS Canada — Canola contracts on the ICE Futures Canada platform dropped sharply during the week ended Wednesday, falling below major support as some stops were hit on the way down. While damage was done from a chart standpoint, end-user demand remains solid and “time will tell” if the downtrend […]

By Phil Franz-Warkentin

Prairie spring wheat bids rise with U.S. futures

Feb. 22, 2016 at 7:22 pm CST

CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as U.S. futures moved up and basis levels held reasonably steady. Average Canada Western Red Spring (CWRS) wheat prices were up by about $2-$5 per tonne over the course of the week, according […]

By Phil Franz-Warkentin