Insights and Stories of Phil Franz-Warkentin

Apr. 23, 2015 at 12:47 pm CDT

CNS Canada –– Canadian farmers intend to seed a bit more wheat and a bit less canola this spring compared to a year ago, according to the first survey estimates from Statistics Canada. However, adjustments are likely in subsequent reports, while weather over the growing season will become more important […]

By Phil Franz-Warkentin

Apr. 22, 2015 at 4:23 pm CDT

CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, but finished the week well off of their nearby lows as some support was uncovered to the downside. Barring a surprise in Statistics Canada’s planting intentions report, due out Thursday, canola futures are looking rangebound […]

By Phil Franz-Warkentin

Apr. 21, 2015 at 7:52 pm CDT

CNS Canada –– An early spring and relatively dry fields across much of Western Canada should allow farmers to increase total seeded acreage in 2015, but most analysts only expect minor adjustments on a crop-by-crop basis when Statistics Canada releases its planting intentions report. “StatsCan acreage numbers are always a […]

By Phil Franz-Warkentin

Apr. 20, 2015 at 7:25 pm CDT

CNS Canada — Cash bids for Canadian wheat were down during the week ended Friday, as losses in the U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by $10-$19 per tonne, with bids ranging from $185 per tonne in north-central Saskatchewan to $209 […]

By Phil Franz-Warkentin

Apr. 16, 2015 at 4:33 pm CDT

CNS Canada — Feed barley prices have shown some strength over the past month in Alberta, but are likely topping out for now as attention starts to turn to the new crop. Feed barley is now trading at about $217 per tonne for April/May delivery in the key Lethbridge, Alta. […]

By Phil Franz-Warkentin