Insights and Stories of Phil Franz-Warkentin

Jul. 4, 2013 at 6:18 am CDT

ICE Futures Canada canola contracts were lower during the week ending Wednesday, as relatively favourable Canadian crop conditions and a combination of bearish outside market influences weighed on values. Prices neared the low end of their well established trading range and found some support, as activity slowed down ahead of […]

By Phil Franz-Warkentin

Jul. 3, 2013 at 3:16 am CDT

Cash wheat bids across Western Canada were mostly lower during the week ended Tuesday (July 2), as losses in the U.S. futures spilled into the Canadian market. However, while the general trend was down, there were some localized basis opportunities to be found. Average spot bids on Tuesday for 13.5 […]

By Phil Franz-Warkentin

Jun. 25, 2013 at 3:54 pm CDT

Canadian farmers planted a little more canola and a little less wheat compared to early intentions, but Statistics Canada’s updated acreage estimates, released Tuesday, were largely in line with trade expectations. With few surprises in the numbers, attention in the grains and oilseeds was expected to turn to weather conditions […]

By Phil Franz-Warkentin

Jun. 24, 2013 at 6:26 pm CDT

Cash wheat bids across Western Canada moved higher during the week ending Monday (June 24), outpacing the U.S. futures to the upside as the weaker Canadian dollar caused basis levels to improve. Average spot bids on Monday for 13.5 per cent-protein Canada Western red spring (CWRS) wheat across Manitoba, Saskatchewan […]

By Phil Franz-Warkentin

Jun. 17, 2013 at 4:12 pm CDT

Cash wheat bids across Western Canada moved lower during the week ended Monday, as declines in U.S. wheat futures and attention shifting to relatively favourable new-crop prospects weighed on values. Average spot bids for 13.5 per cent-protein Canada Western red spring on Monday across Manitoba, Saskatchewan and Alberta came in […]

By Phil Franz-Warkentin