Insights and Stories of Phil Franz-Warkentin

Canola crush margins easing

May. 12, 2014 at 6:14 pm CDT

CNS Canada — Canadian canola crush margins are finally starting to ease into more traditional levels, after hitting their highest prices ever over the winter months. Crush margins provide an indication of the profitability of the product values relative to the seed cost when processing canola, with exchange rates also […]

Higher bacon prices still to come, analyst says

May. 8, 2014 at 7:03 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola rangebound, watching weather

May. 7, 2014 at 5:42 pm CDT

By Phil Franz-Warkentin

U.S. wheat futures still rising, but ‘getting tired’

May. 5, 2014 at 6:06 am CDT

By Phil Franz-Warkentin

StatsCan canola area intentions come in below expectations

Apr. 24, 2014 at 2:29 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola down, but still watching beans

Apr. 23, 2014 at 8:39 pm CDT

CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, hitting their softest levels in a month as bearish technical signals and increased farmer selling weighed on values. While the technical bias has turned lower, the Canadian market could still find some spillover strength from […]

By Phil Franz-Warkentin

Less wheat, more canola expected in Canada

Apr. 21, 2014 at 5:50 pm CDT

CNS Canada — Canadian farmers are expected to seed less wheat and more canola in 2014, according to average trade guesses ahead of Statistics Canada’s planting intentions report due out Thursday. “Compared to last year, we’ll see less wheat,” said Jon Driedger of FarmLink Marketing in Winnipeg, estimating spring wheat […]

By Phil Franz-Warkentin

CWRS wheat cash bids edge down, basis steady

Apr. 14, 2014 at 5:39 pm CDT

CNS Canada –– Cash bids for Canada Western Red Spring (CWRS) wheat held relatively steady during the week ended Monday, posting small losses in many locations in sympathy with the Minneapolis futures. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around […]

By Phil Franz-Warkentin

ICE weekly outlook: Charts up for canola, but little else

Apr. 9, 2014 at 4:02 pm CDT

CNS Canada — ICE Futures Canada canola contracts posted solid gains during the week ended Wednesday, as prices broke above nearby resistance and speculators added to long positions. While there is still more room to the upside from a chart standpoint, an analyst cautioned there was little fundamental news to […]

By Phil Franz-Warkentin

Logistics still propping up old-crop oats

Apr. 8, 2014 at 5:49 pm CDT

CNS Canada — The oats futures market remains at a considerable inverse, with the old-crop May contract in Chicago trading at an 88-cent premium over the new-crop December as logistics issues continue to hamper Canadian grain movement. “There are oats on farm, but the U.S. mills are having a hard […]

By Phil Franz-Warkentin