Insights and Stories of Phil Franz-Warkentin

ICE weekly outlook: Canola bears lacking fresh news

Feb. 26, 2014 at 4:37 pm CST

CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ending Wednesday as the market continued to see a modest correction off of lows hit earlier in the month. “The longer-term trend still remains pointed lower, but we’ve had a correction,” said Jerry Klassen, manager of GAP […]

U.S. wheat futures entering neutral territory

Feb. 20, 2014 at 1:43 pm CST

By Phil Franz-Warkentin

Lentil business slow for now, but more acres likely

Feb. 19, 2014 at 4:54 pm CST

By Phil Franz-Warkentin

Good demand for Canadian canola just across border

Feb. 18, 2014 at 6:46 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: More downside possible for canola

Feb. 12, 2014 at 5:15 pm CST

By Phil Franz-Warkentin

Edible beans set for increased Man. acres

Feb. 7, 2014 at 2:07 pm CST

CNS Canada — Relatively favourable prices should see more acres seeded to edible beans in Manitoba this spring, according to market participants. After seeding only about 94,000 acres of edible beans (white and coloured combined) in 2013, early indications are pointing to area in the 120,000- to 130,000-acre rage, depending […]

By Phil Franz-Warkentin

CBOT soybeans at a crossroads, awaiting South American crops

Feb. 6, 2014 at 3:00 pm CST

CNS Canada — Soybean futures at the Chicago Board of Trade moved higher during the week ending Feb. 5, but the market now finds itself at a bit of a crossroads. Tightening old-crop supplies and good export demand continue to provide support for the front months, but big production prospects […]

By Phil Franz-Warkentin

U.S. wheat futures correct higher

Feb. 4, 2014 at 5:27 pm CST

CNS Canada — All three U.S. wheat futures markets are finally seeing a corrective bounce, after declining steadily since October. While how much higher wheat futures can move remains to be seen, the sharp gains this week could be seen as a sign that the downtrend is over for the […]

By Phil Franz-Warkentin

ICE weekly outlook: Logistics keep weighing on canola

Jan. 29, 2014 at 5:44 pm CST

CNS Canada –– ICE Futures Canada canola futures chopped around within a narrow range during the week ending Wednesday, but were lower overall as declines in soybeans and Canada’s own ongoing logistics issues weighed on prices. From a chart perspective, CBOT (Chicago Board of Trade) soybeans were nearing trendline support, […]

By Phil Franz-Warkentin

Oats/corn spread narrows in, as oats rise

Jan. 28, 2014 at 6:53 pm CST

CNS Canada — Oats futures at the Chicago Board of Trade are currently at their strongest levels relative to corn since 2006, as Canadian logistics issues have caused nearby oats contracts to jump higher while corn values hold steady. The March oats contract gained US16 cents per bushel on Tuesday […]

By Phil Franz-Warkentin