Insights and Stories of Phil Franz-Warkentin

Unknowns keep lentil bids strong

Oct. 9, 2014 at 6:42 pm CDT

CNS Canada — Lentil bids in Western Canada continue to show strength, but with the size and quality of this year’s crop still very much unknown, the highs may be in for the time being. “I don’t think there is anyone who really knows exactly what’s out there,” said David […]

Tighter supplies of higher-quality durum boosting bids

Oct. 8, 2014 at 12:45 pm CDT

By Phil Franz-Warkentin

November canola back above 30-day average

Oct. 7, 2014 at 5:59 pm CDT

By Phil Franz-Warkentin

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

CNS Canada — Statistics Canada releases updated estimates on the size of the 2014-15 crops on Friday, but the lateness of the harvest in many areas will limit how much stock the industry puts in the numbers at this time. Average trade guesses generally predict a slight increase for most […]

By Phil Franz-Warkentin

Late harvest, poor grain prices may limit fall fertilizer demand

Sep. 29, 2014 at 1:38 am CDT

CNS Canada — Poor grain prices and a late harvest may limit demand for fertilizer across North America this spring, according to an industry analyst. However, whether farmers will actually purchase less fertilizer remains to be seen, as record-large U.S. crops have also depleted nutrient levels, increasing the need for […]

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