Insights and Stories of Phil Franz-Warkentin

ICE weekly outlook: Canola faces resistance

Jul. 15, 2015 at 6:09 pm CDT

CNS Canada — ICE Futures Canada canola contracts traded within a wide range during the week ended Wednesday, but settled mixed as the market reacted to conflicting outside factors. While the nearby bias has shifted lower in the most active months, ongoing production uncertainty in Western Canada should remain supportive […]

Mystery stocks keeping canary seed from rallying

Jul. 7, 2015 at 6:57 pm CDT

By Phil Franz-Warkentin

Prairie wheat bids mostly higher with U.S. futures

Jul. 6, 2015 at 5:46 pm CDT

By Phil Franz-Warkentin

U.S. wheat futures seen stalling

Jul. 3, 2015 at 12:31 am CDT

By Phil Franz-Warkentin

Yields to take precedence over acres in Canada

Jun. 30, 2015 at 11:06 am CDT

By Phil Franz-Warkentin

Questions abound ahead of StatsCan acreage report

Jun. 26, 2015 at 8:21 pm CDT

CNS Canada — Statistics Canada will release its updated acreage estimates for the year on Tuesday, but the timing of the survey could lead to more questions and second-guessing than normal given the likely adjustments and yield losses over the past month. The survey was conducted before a drought took […]

By Phil Franz-Warkentin

ICE weekly outlook: Weather key to canola market

Jun. 24, 2015 at 6:38 pm CDT

CNS Canada — ICE Futures Canada canola contracts climbed to their highest levels in two years during the week ended Wednesday, with mounting weather concerns across the Prairies the key driver in the market. “This thing will keep going until we get some rain,” said Jerry Klassen, manager of GAP […]

By Phil Franz-Warkentin

Canola crush margins keep dropping

Jun. 22, 2015 at 6:31 pm CDT

CNS Canada — Canola crush margins remain in free-fall as canola seed becomes more and more expensive relative to the product values. “They’re not deteriorating, they’re flat-out disintegrating,” said a canola trader, pointing to the $20 drop over the past week alone. Crush levels have only been lower than they […]

By Phil Franz-Warkentin

Prairies’ dry fields good, if you’re a grasshopper

Jun. 19, 2015 at 7:15 pm CDT

CNS Canada –– Dry conditions causing production concerns across large areas of Alberta and Saskatchewan are certainly bad for the crops, but the weather could prove ideal for grasshoppers. Grasshopper forecast maps put out over the winter were not initially all that bad for Alberta and Saskatchewan, given the conditions […]

By Phil Franz-Warkentin

Canola crush margins deteriorating

Jun. 16, 2015 at 8:06 pm CDT

CNS Canada — Canola crush margins continue to deteriorate in Canada, and will likely get worse before they get better. Canola margins hit some of their worst levels “in three to five years” during Monday’s trading session, according to a trader. While the margins were off those lows by the […]

By Phil Franz-Warkentin