Insights and Stories of Phil Franz-Warkentin

Sep. 4, 2014 at 4:17 pm CDT

CNS Canada — Top-end Canadian lentils may be hard to find this year, as wet weather and the late harvest are expected to lead to quality downgrades. The lentil harvest in Saskatchewan, where the bulk of Canada’s crop is grown, is only about 23 per cent complete, according to the […]

By Phil Franz-Warkentin

Sep. 3, 2014 at 5:56 pm CDT

CNS Canada — ICE Futures Canada canola contracts held rangebound during the week ended Wednesday, although the bias remains pointed lower in the most active contracts, as a bearish outlook for the U.S. soybean market is expected to overpower any supportive news for canola. “The worldwide market isn’t paying attention […]

By Phil Franz-Warkentin

Sep. 2, 2014 at 5:36 pm CDT

CNS Canada — Average bids for Canada Western Red Spring (CWRS) wheat across Western Canada held relatively steady during the week ended Friday, with slight improvements in basis levels generally compensating for declines in the U.S. futures, according to average prices quoted from a cross-section of Prairie elevators. CWRS bids […]

By Phil Franz-Warkentin

Aug. 21, 2014 at 4:02 pm CDT

CNS Canada — Durum bids in Western Canada are showing strength relative to other wheat classes, with premiums for higher-quality supplies expected to remain in place or widen as the industry awaits Canada’s crop. Canada’s 2014-15 durum crop is estimated at 4.9 million tonnes by Statistics Canada, which compares with […]

By Phil Franz-Warkentin

Aug. 21, 2014 at 10:34 am CDT

CNS Canada — Canada’s grain and oilseed production will be much smaller than the record crops of 2013-14, according to survey results Statistics Canada released Thursday — but a lack of reaction in futures markets was seen as a sign that the trade is already looking beyond the report. “All […]

By Phil Franz-Warkentin