Insights and Stories of Phil Franz-Warkentin

More room to downside for falling wheat futures

Jul. 8, 2014 at 7:08 pm CDT

CNS Canada — U.S. wheat futures have posted large losses over the past two months, but could be headed lower still as the winter wheat harvest moves northward and the country’s spring wheat crop is reported to be in good shape for the time being, said an analyst. CBOT soft […]

Spring wheat bids decline for fourth straight week

Jul. 7, 2014 at 5:33 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola down, despite weather

Jul. 2, 2014 at 5:15 pm CDT

By Phil Franz-Warkentin

Large lentil crop facing weather concerns

Jun. 28, 2014 at 5:50 pm CDT

By Phil Franz-Warkentin

Declining U.S. DDGs still too expensive for Canada

Jun. 12, 2014 at 1:42 am CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola down, but watching weather

Jun. 12, 2014 at 1:07 am CDT

CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, with the biggest losses in the new-crop months as the July/November spread moved back to an inverse. “That spread is not going to be at carrying charges again until the producer sells it, and if […]

By Phil Franz-Warkentin

ICE barley trades for first time in six months

Jun. 10, 2014 at 5:09 pm CDT

CNS Canada –– The long-dormant barley contracts on the ICE Futures Canada platform saw a glimmer of life on Tuesday as buyers and sellers met up to make some actual trades for the first time in six months. Five October 2014 barley contracts changed hands at $125 per tonne, with […]

By Phil Franz-Warkentin

Prairie wheat bids edge up with futures

Jun. 9, 2014 at 4:36 pm CDT

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat edged higher during the week ended Monday, as U.S. futures saw a corrective bounce off nearby lows. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta […]

By Phil Franz-Warkentin

Chicago wheat futures drop to fill chart gap

Jun. 6, 2014 at 3:23 am CDT

CNS Canada — U.S. wheat futures posted some big gains over the past three months, but now find themselves right back where they started and could be due for more weakness as the futures have filled a gap on the charts. CBOT wheat futures gapped higher on March 3, as […]

By Phil Franz-Warkentin

CBOT soybeans, corn becoming weather markets

Jun. 4, 2014 at 8:50 pm CDT

CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved lower during the week ended Wednesday, with good crop prospects across the Midwest weighing on values. With the U.S. corn crop 95 per cent seeded as of Sunday, and over three-quarters of intended soybean acres in […]

By Phil Franz-Warkentin