Insights and Stories of Phil Franz-Warkentin

Mar. 9, 2015 at 7:08 pm CDT

CNS Canada — Canola contracts on the ICE Futures Canada platform have traded within a wide range over the past month, but crush margins continue to hover around the $100 mark. Crush margins provide an indication of the profitability of the product values relative to the seed cost when processing […]

By Phil Franz-Warkentin

Mar. 9, 2015 at 7:03 pm CDT

CNS Canada –– Wheat cash bids across Western Canada saw some minor adjustments during the week ended Friday, with Canada Western Red Spring (CWRS) bids generally showing some improvement while other classes moved lower. Average CWRS wheat prices were steady to as much as $3 per tonne higher during the […]

By Phil Franz-Warkentin

Mar. 5, 2015 at 11:43 am CST

CNS Canada –– Chicago wheat futures dropped to fresh contract lows Thursday and have more room to the downside from a chart perspective as speculators continue to add to their short positions, according to a broker. “It’s a momentum trade here with the funds,” said Adam Knosalla, a broker with […]

By Phil Franz-Warkentin

Mar. 5, 2015 at 11:35 am CST

CNS Canada — Soybeans are a relatively new crop in Saskatchewan, but are generating more traction and are expected to increase their footprint in 2015. Saskatchewan farmers planted 270,000 acres of soybeans in 2014, nearly double the previous year, according to Statistics Canada data. “We’re expecting soybean acres to rise […]

By Phil Franz-Warkentin

Mar. 4, 2015 at 6:59 pm CST

CNS Canada — Fababean acres are on the rise in Western Canada, as the crop is seen as a good pulse alternative for producers seeking other options in their rotations. Better disease resistance and ease of harvest have been two selling points for the crop. “We’ve had significant uptake on […]

By Phil Franz-Warkentin