Insights and Stories of Phil Franz-Warkentin

Ceiling still far off for rising feed barley market

Nov. 20, 2014 at 4:06 pm CST

CNS Canada — Feed barley prices in Western Canada have climbed steadily higher over the past few months and have more room to go, before strong prices inevitably make U.S. corn imports more attractive. “The feed barley market is hot,” said Jerry Klassen, manager for Swiss-based GAP SA Grains and […]

CBOT soy, corn retreating with harvest pressure

Nov. 19, 2014 at 5:59 pm CST

By Phil Franz-Warkentin

U.S. wheat futures consolidate, but more strength possible

Nov. 18, 2014 at 6:02 pm CST

By Phil Franz-Warkentin

Prairie spring wheat bids rise with U.S. futures

Nov. 17, 2014 at 6:00 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola mixed, watching beans

Nov. 12, 2014 at 4:52 pm CST

By Phil Franz-Warkentin

Prairie spring wheat bids soften

Nov. 10, 2014 at 6:21 pm CST

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, as basis levels held reasonably steady and prices drifted down with the U.S. futures. In Manitoba, the average CWRS price declined to $223 per tonne, from $234 the previous week. […]

By Phil Franz-Warkentin

Strong durum market starting to show signs of faltering

Nov. 6, 2014 at 4:31 pm CST

Commodity News Service Canada — It’s a well known sentiment in the grain markets that ‘the best cure for high prices is high prices,’ and that is starting to show signs of proving true in the Western Canadian durum market. Durum bids in the $10 to $11 per bushel range […]

By Phil Franz-Warkentin

Canola rangebound, but nearby bias up

Nov. 5, 2014 at 3:49 pm CST

Commodity News Service Canada — ICE Futures Canada canola contracts moved up and down during the week ended November 5, but finished mixed overall with gains in the front months and losses in the more deferred positions. While the market appears rangebound for the time being, the nearby contracts still […]

By Phil Franz-Warkentin

Harvest pressure on confectionery sunflowers

Nov. 5, 2014 at 10:45 am CST

Commodity News Service Canada — The Manitoba sunflower harvest is progressing nicely, which is weighing on confectionery bids despite some quality concerns. “The sunflowers are still coming off… but there shouldn’t be much left by mid-November,” said Mike Durand, of Nestibo Agra in Deloraine, Manitoba. He said both yields and […]

By Phil Franz-Warkentin

Cheap grain could shore up any Man. forage shortages

Oct. 28, 2014 at 4:00 pm CDT

CNS Canada — Excessive moisture in some parts of Manitoba over the past few months has led to localized forage shortages heading into the winter. However, ample feed grain supplies are expected to help supplement any lack of forages. Manitoba’s Interlake region was particularly hard hit by moisture in 2014. […]

By Phil Franz-Warkentin