Insights and Stories of Phil Franz-Warkentin

North Dakota canola crop ‘phenomenal’

Oct. 4, 2013 at 5:29 pm CDT

Canola acres may have been down in North Dakota this year, but good growing weather throughout the year are reported to have resulted in a “phenomenal” crop overall. Area planted to the crop in the major canola-growing state came in at only 850,000 acres, which compares with the nearly 1.5 […]

Record-large Canadian crops come as no surprise

Oct. 4, 2013 at 12:42 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Large crop overhanging canola

Oct. 2, 2013 at 7:04 pm CDT

By Phil Franz-Warkentin

Upward revisions expected for StatsCan’s crop estimates

Oct. 2, 2013 at 6:33 pm CDT

By Phil Franz-Warkentin

Minneapolis spring wheat loses premium over winter wheat

Sep. 27, 2013 at 5:07 am CDT

By Phil Franz-Warkentin

Manitoba edible beans looking good

Sep. 23, 2013 at 10:52 pm CDT

Manitoba’s edible bean harvest is about half finished, and the crop is in good shape overall. With solid prices and yields, farmers should see favourable returns going forward, although harvest pressure may limit the immediate upside. “The bean crops are looking good… yields are good overall,” said Tina Scott of […]

By Phil Franz-Warkentin

ICE outlook: Canola facing harvest pressure

Sep. 18, 2013 at 4:33 pm CDT

Canola contracts on the ICE Futures Canada platform moved lower during the week ended Wednesday, hitting their softest levels in a month as harvest pressure weighed on values. With expectations for a record-large crop, the path of least resistance is expected to remain pointed lower in the near term, although […]

By Phil Franz-Warkentin

Harvest pressure weighs on Prairie wheat bids

Sep. 16, 2013 at 4:46 pm CDT

Cash bids for spring wheat in Western Canada continued to move lower during the week ended Monday, as harvest pressure and reports of good yields caused basis levels to widen. Average spot bids for Canadian Western red spring (CWRS) wheat at 13.5 per cent protein across Manitoba, Saskatchewan and Alberta […]

By Phil Franz-Warkentin

Spring wheat futures nearing major support

Sep. 10, 2013 at 4:21 pm CDT

Spring wheat futures at the Minneapolis Grain Exchange have been in a steady downtrend for the past three months, and are currently holding just above major support. Further losses are possible, although values are likely nearing a point that will encourage more export demand, said an analyst. Looking at a […]

By Phil Franz-Warkentin

Softer feed barley market stabilizing

Sep. 9, 2013 at 4:05 pm CDT

Harvest pressure and declining demand have weighed on barley bids in Western Canada lately, but the market is showing signs of stabilizing heading into the winter months. “We’re trading sideways right now,” said Jim Beusekom of Market Place Commodities in the key Lethbridge feeding area of southern Alberta. Spot prices […]

By Phil Franz-Warkentin