Insights and Stories of Phil Franz-Warkentin

Canola crush margins improve

Sep. 25, 2015 at 6:16 pm CDT

CNS Canada –– Canola crush margins have shown some improvement over the past week, despite rising futures prices, as strength in product values and a weakening Canadian dollar should be boosting the profitability of the domestic crush sector. Crush margins provide an indication of the profitability of the product values […]

COOL saga winding down, but not over yet

Sep. 24, 2015 at 5:20 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola looking overpriced

Sep. 23, 2015 at 6:04 pm CDT

By Phil Franz-Warkentin

Man. sunflower harvest set to start

Sep. 21, 2015 at 1:14 pm CDT

By Phil Franz-Warkentin

Prairie wheat bids climb higher

Sep. 14, 2015 at 6:29 pm CDT

By Phil Franz-Warkentin

Feed barley looking bearish

Sep. 10, 2015 at 7:31 pm CDT

CNS Canada –– Seasonal harvest pressure is starting to weigh on feed grains in Western Canada, while quality downgrades to crops still on the field may put further pressure on values going forward. “There are quite a few bearish indicators out there,” said Kyle Sinclair, of CorNine Commodities at Lacombe, […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola weak, but finding support

Sep. 9, 2015 at 5:08 pm CDT

CNS Canada — ICE Futures Canada canola contracts posted losses in most months during the week ended Wednesday, though the market uncovered some support to the downside and finds itself well off its nearby lows. The larger-than-expected old-crop stocks uncovered by Statistics Canada in its September 3 report remain a […]

By Phil Franz-Warkentin

Canola charts pointed lower

Sep. 4, 2015 at 6:07 pm CDT

CNS Canada — ICE canola futures have posted large losses over the past week, but chart signals are still overwhelmingly bearish, with at least another $10 to go before the November contract should find support. November canola settled at $454.50 per tonne on Friday, down by over $20 from the […]

By Phil Franz-Warkentin

Cash wheat prices move lower across Prairies

Sep. 4, 2015 at 5:52 pm CDT

CNS Canada –– Cash wheat bids across Western Canada edged lower during the week ended Friday, as basis levels held relatively steady and the continued slide in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by roughly C$2 per tonne across the three […]

By Phil Franz-Warkentin

CWRS bids down, CPSR bids up across Prairies

Aug. 31, 2015 at 7:36 pm CDT

CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were steady to slightly lower during the week ended Friday, while Canada Prairie Spring Red (CPSR) bids posted small gains. Average CWRS prices were down by C$1-$4 per tonne across the three Prairie provinces, according to […]

By Phil Franz-Warkentin