Insights and Stories of Phil Franz-Warkentin

Mild weather poses risks for Prairie winter wheat

Jan. 26, 2015 at 6:31 pm CST

CNS Canada — Milder-than-normal temperatures across Western Canada over the past week could raise some issues for its winter wheat crops, though snow cover and conditions through the rest of the winter will also be important. “It’s not ideal conditions for winter wheat, and I’d anticipate that we’d see some […]

Seasonal pressures to weigh on CBOT soybeans, corn

Jan. 21, 2015 at 5:22 pm CST

By Phil Franz-Warkentin

More downside than upside for Prairie flaxseed bids

Jan. 20, 2015 at 11:26 am CST

By Phil Franz-Warkentin

Prairie CWRS bids ease with U.S. futures, CPSR up

Jan. 19, 2015 at 7:09 pm CST

By Phil Franz-Warkentin

ICE weekly: Canola strength may be limited

Jan. 14, 2015 at 8:05 pm CST

By Phil Franz-Warkentin

Declining wheat futures watch corn for further direction

Jan. 8, 2015 at 5:51 pm CST

CNS Canada — U.S. wheat futures have posted large losses over the past three weeks, but will be watching corn to provide some further direction in the near future, according to a wheat broker. The U.S. Department of Agriculture releases a number of closely watched reports on Monday (Jan. 12), […]

By Phil Franz-Warkentin

Canola crush margins holding steady near $100

Jan. 6, 2015 at 5:34 pm CST

CNS Canada — Canola crush margins in Western Canada may be well off the highs seen last winter but are still very profitable for domestic processors as they hover around $100 per tonne above the futures. Crush margins provide an indication of the profitability of the product values relative to […]

By Phil Franz-Warkentin

Peas back at historical spreads in Western Canada

Jan. 6, 2015 at 2:43 pm CST

CNS Canada — After two years of an abnormally large price spread between green and yellow peas in Western Canada, the relationship between the two crops is nearer normal levels. The yellow pea market has moved up a little in recent weeks, but the green market “is not that interesting,” […]

By Phil Franz-Warkentin

Prairie CWRS bids ease with U.S. futures

Jan. 5, 2015 at 4:36 pm CST

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat deteriorated slightly during the week ended Friday, as losses in the US futures weighed on values. CWRS prices were $2-$5 per tonne lower across the three Prairie provinces, with average values ranging from about $205 per tonne […]

By Phil Franz-Warkentin

Canola running into chart resistance

Dec. 24, 2014 at 9:36 am CST

Commodity News Service Canada — ICE Futures Canada canola contracts hit some of their best levels since August on Dec. 23, but ran into resistance to the upside to settle with small losses. The nearby trend remains pointed higher overall, but the lack of liquidity over the Christmas and New […]

By Phil Franz-Warkentin