Insights and Stories of Phil Franz-Warkentin

CBOT weekly: Soybeans, corn await next USDA reports

Mar. 4, 2015 at 4:49 pm CST

CNS Canada –– Soybean futures at the Chicago Board of Trade (CBOT) moved up and down during the week ended Wednesday, but posted losses on the whole as concerns over a truckers’ strike in Brazil subsided. While large South American crop prospects remain a bearish influence in the background, the […]

Prairie wheat bids mixed; CWRS down, CPSR up

Mar. 2, 2015 at 6:47 pm CST

By Phil Franz-Warkentin

Spring load limits to slow grain movement on Prairie roads

Mar. 2, 2015 at 6:20 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola runs into resistance

Feb. 25, 2015 at 5:19 pm CST

By Phil Franz-Warkentin

Soybeans’ potential seen growing on Prairies

Feb. 25, 2015 at 11:43 am CST

By Dave Sims Phil Franz-Warkentin

Low stocks-to-use ratio to keep pea bids well supported

Feb. 24, 2015 at 9:10 pm CST

Winnipeg | CNS Canada — Canadian pea exports have been running at a very solid pace during the 2014-15 crop year to date, but supplies are seen to be running out and the market will need to work to ration demand over the later portion of the marketing year. Canadian […]

By Phil Franz-Warkentin

Inelastic demand to keep mustard well supported

Feb. 24, 2015 at 9:00 pm CST

Winnipeg | CNS Canada –– The inelastic demand for Canada’s mustard crop is expected to keep prices well supported, as the country is the major world supplier and end-users need to make sure the acres keep going in the ground. “There’s no substitute for mustard,” Walter Dyck of Olds Products […]

By Phil Franz-Warkentin

Prairie CWRS wheat bids drop with U.S. futures

Feb. 23, 2015 at 7:21 pm CST

CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat across the Prairies moved lower during the week ended Friday, taking most of their direction from a downturn in U.S. futures. Average CWRS prices lost about $9-$10 per tonne, with prices ranging from about $201 per tonne in […]

By Phil Franz-Warkentin

Time running out for high durum prices

Feb. 19, 2015 at 6:28 pm CST

CNS Canada –– Good-quality durum has enjoyed large premiums over other wheat classes this past year, but opportunities for any unpriced durum still left to sell may be getting harder to find, as attention turns to large global new-crop projections. Durum prices today are topping out at about $9.75 per […]

By Phil Franz-Warkentin

CWRS wheat bids rise with U.S. futures

Feb. 17, 2015 at 5:28 pm CST

CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat across the Prairies generally moved higher during the week ended Friday. Average CWRS prices gained about $7-$9 per tonne, with prices ranging from about $210 per tonne in north-central Saskatchewan to $228 in Manitoba, according to bids from […]

By Phil Franz-Warkentin