Insights and Stories of Phil Franz-Warkentin

November canola back above 30-day average

Oct. 7, 2014 at 5:59 pm CDT

CNS Canada –– A record-large U.S. soybean crop remains a bearish anchor on Canadian canola futures — but recent activity has shifted some technical indicators higher. The November canola contract on ICE Futures Canada has held consistently below the 30-day moving average since May, but finally settled above that line […]

Conservative StatsCan production estimates downplayed

Oct. 3, 2014 at 11:21 am CDT

By Phil Franz-Warkentin

Flax prices too high, harvest pressure to weigh

Oct. 2, 2014 at 4:07 pm CDT

By Phil Franz-Warkentin

Trade awaits updated StatsCan production estimates

Oct. 1, 2014 at 4:34 pm CDT

By Phil Franz-Warkentin

Late harvest, poor grain prices may limit fall fertilizer demand

Sep. 29, 2014 at 1:38 am CDT

By Phil Franz-Warkentin

Big crops keep pressure on CBOT soybeans, corn

Sep. 24, 2014 at 3:20 pm CDT

CNS Canada — Soybean and corn futures at the Chicago Board of Trade fell to fresh four-year lows during the week ended Wednesday, and there is still plenty of room to the downside as the harvest pressure builds over the next month. “It will be a long harvest,” said Scott […]

By Phil Franz-Warkentin

Calculators needed to make sense of Prairie wheat bids

Sep. 23, 2014 at 6:26 pm CDT

CNS Canada — Consistent wheat pricing can still be a struggle to find across Western Canada, two years into the new open market. A lack of consistency can make it difficult to compare pricing from one delivery point to the next, leaving farmers uncertain just how much their wheat is […]

By Phil Franz-Warkentin

U.S. wheat futures pressured by weak French market

Sep. 22, 2014 at 4:39 pm CDT

CNS Canada — U.S. wheat futures have fallen to four-year lows, but could have more room to the downside as large global supplies and declining world prices weigh on values. In addition to the ample world supply situation, much of the recent weakness in the U.S. wheat market is tied […]

By Phil Franz-Warkentin

Wheat bids slide with U.S. futures

Sep. 22, 2014 at 12:54 pm CDT

Average cash bids for Canada Western Red Spring (CWRS) wheat moved down across Western Canada during the week ended Friday, as continued losses in U.S. futures weighed on values. The highest CWRS prices were still available in Manitoba, but average bids in the province declined by $8 from the previous […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola still pointed lower

Sep. 17, 2014 at 4:22 pm CDT

CNS Canada –– ICE Futures Canada canola contracts moved lower during the week ended Wednesday, and could be due for some more weakness as the Canadian harvest picks up and large U.S. soybean production prospects weigh on oilseeds in general. With expectations for a record-large U.S. soybean crop, there has […]

By Phil Franz-Warkentin