Insights and Stories of Phil Franz-Warkentin

Canola crush margins deteriorating

May. 21, 2015 at 6:10 pm CDT

CNS Canada — Canadian canola crush margins continue to drift lower and currently find themselves at some of their worst levels in over a year. Declining demand for canola oil, together with the fact that a lack of farmer selling is forcing processors to pay up to bring in canola […]

CBOT weekly outlook: Soy, corn grind lower, watching weather

May. 20, 2015 at 6:48 pm CDT

By Phil Franz-Warkentin

Prairie winter wheat set back by cold

May. 19, 2015 at 6:47 pm CDT

By Phil Franz-Warkentin

Jury still out on Prairie crop damage from Victoria Day weekend

May. 19, 2015 at 12:22 pm CDT

By Phil Franz-Warkentin

Prairie feed wheat relatively strong against milling wheat

May. 15, 2015 at 6:13 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola watching weather

May. 13, 2015 at 5:43 pm CDT

CNS Canada –– ICE Futures Canada canola contracts held rangebound during the week ended Wednesday, with small losses in the front months and gains in the more deferred positions. While activity remains somewhat subdued for the time being, any future moves will be highly dependent on weather conditions heading into […]

By Phil Franz-Warkentin

Flaxseed acres likely to top official estimates

May. 8, 2015 at 7:42 pm CDT

CNS Canada — The relative strength in flaxseed bids, recent uncertainty in other cropping options and a general need to mitigate risk could see a few more acres sway towards the oilseed in Western Canada this spring, according to some market watchers. Statistics Canada recently forecast flaxseed plantings for 2015-16 […]

By Phil Franz-Warkentin

Quality, not quantity key to chickpea sales

May. 7, 2015 at 7:32 pm CDT

CNS Canada –– Chickpeas may be relatively small in terms of acreage in Western Canada, but the quality aspects of the country’s crop, especially the larger-calibre varieties, may help command some premiums in the global market. Canadian farmers intend to plant 140,000 acres of chickpeas in 2015, down from the […]

By Phil Franz-Warkentin

U.S. wheat futures hit new lows, more losses likely

May. 5, 2015 at 8:26 pm CDT

CNS Canada –– All three U.S. wheat futures markets hit fresh contract lows on Tuesday — and further losses are likely, as most fundamental and technical factors remain bearish. “The trend certainly hasn’t been positive,” said market analyst Bryan Strommen of Progressive Ag in Fargo, N.D. He cited improving U.S. […]

By Phil Franz-Warkentin

Drier bias seen on horizon for Manitoba

Apr. 30, 2015 at 7:47 pm CDT

CNS Canada — Warm and dry weather is allowing for a good start to spring seeding in Manitoba, but that dryness could pose problems down the road as its longer-term outlook is also on the dry side, according to meteorologist Drew Lerner. Temperatures on Thursday in Manitoba were hitting levels […]

By Phil Franz-Warkentin