Insights and Stories of Phil Franz-Warkentin

Mustard holding steady ahead of seeding

Apr. 9, 2013 at 8:44 am CDT

Mustard bids in Western Canada continue to hold up reasonably steady, and should remain firm as tightening old-crop supplies and the need to draw in acres this spring help the commodity ignore the ups and downs in competing commodities. “Mustard’s slow coming up, and it’s also slow coming down,” said […]

Snow-covered fields likely to push back Prairie seeding

Apr. 8, 2013 at 9:00 am CDT

By Phil Franz-Warkentin

Canola futures watching soybeans, weather

Apr. 5, 2013 at 8:49 am CDT

By Phil Franz-Warkentin

Prairie wheat bids drop with U.S. futures

Apr. 2, 2013 at 8:55 am CDT

By Phil Franz-Warkentin

Australian canola back to compete in Chinese market

Mar. 28, 2013 at 9:23 am CDT

By Phil Franz-Warkentin

Wheat bids rising in West, but durum down

Mar. 27, 2013 at 8:34 am CDT

Cash wheat bids across Western Canada moved higher over the week ended March 26, with both Canada Western red spring (CWRS) and Canada Prairie red spring (CPRS) wheat bids posting good gains in most locations. However, basis levels were generally off by a dollar or two per tonne, as the […]

By Phil Franz-Warkentin

Man. oats bids trend higher as supplies dwindle

Mar. 22, 2013 at 5:00 pm CDT

Nearby oats contracts at the Chicago Board of Trade have trended higher over the past month and spot bids in Manitoba are surpassing the futures, as tightening supplies keep values for the grain well supported. “The supplies are certainly getting tighter,” said Jarrod Firlotte, general manager of Emerson Milling at […]

By Phil Franz-Warkentin

Large green-pea premiums expected to draw in acres

Mar. 21, 2013 at 8:12 am CDT

High premiums currently being offered for green peas over yellow peas are expected to entice more acres to the crop in Western Canada this spring, although seed supplies could prove to be a limiting factor. Spot bids for green peas can currently be found at the historically high level of […]

By Phil Franz-Warkentin

Canola trending down with soybeans

Mar. 14, 2013 at 11:04 am CDT

ICE Futures Canada canola contracts moved lower during the week ended March 13, backing away from nearby highs as speculative profit-taking and steady farmer selling weighed on values. Nearby direction is expected to come from the CBOT soy complex, although canola should lag to the downside if soybeans continue to […]

By Phil Franz-Warkentin

Spring load limits to slow grain movement on Prairie roads

Mar. 12, 2013 at 4:27 pm CDT

Spring road bans are starting to be put into place across Western Canada as temperatures warm up in the Prairie provinces. The annual restrictions set axle weight limits for vehicles moving on certain roads in an effort to reduce the damage heavier loads can cause during the spring thaw period. […]

By Phil Franz-Warkentin