Insights and Stories of Phil Franz-Warkentin

Grainworld: Best wheat futures markets for Canada debated

Feb. 26, 2013 at 5:23 pm CST

After decades of marketing wheat through the Canadian Wheat Board’s single desk, the western Canadian grain sector is still working out the best way to hedge the commodity, seven months into the new open market. Representatives of the CME Group, Minneapolis Grain Exchange (MGEX) and ICE Futures Canada were all […]

Grainworld: Wheat more than just wheat

Feb. 25, 2013 at 3:50 pm CST

By Phil Franz-Warkentin

Grainworld: Canada’s canola acres shifting into wheat

Feb. 25, 2013 at 3:28 pm CST

By Phil Franz-Warkentin

Hemp acres on rise in Canada

Feb. 22, 2013 at 1:41 pm CST

By Phil Franz-Warkentin

Soybeans expanding into Saskatchewan

Feb. 21, 2013 at 12:35 am CST

By Phil Franz-Warkentin

CWRS wheat bids mixed, but improving overall

Feb. 19, 2013 at 5:46 pm CST

Cash wheat bids across Western Canada saw some choppiness during the week ended Feb. 19, with spot bids for Canada Western Red Spring wheat steady to a couple of dollars per tonne lower in some areas, but up by over $10 per tonne at other locations. Basis levels did improve […]

By Phil Franz-Warkentin

CWRS wheat bids still trending down in West

Feb. 12, 2013 at 1:22 am CST

Cash wheat bids across Western Canada declined in sympathy with U.S. futures over the week ended Feb. 11, with average spot bids for Canada Western Red Spring (CWRS) wheat down by about $3-$7 per tonne (eight to 19 cents per bushel) over the reporting period. However, basis levels did narrow […]

By Phil Franz-Warkentin

New-crop mustard holding steady with spot market

Feb. 8, 2013 at 2:20 pm CST

Mustard is one of the few crops in Western Canada where old- and new-crop bids are currently on par with each other and even stronger in some cases, as prices stay firm in an effort to make sure enough acres are planted this spring. While new-crop canola is currently trading […]

By Phil Franz-Warkentin

Oats market at equilibrium, lower acreage likely

Feb. 5, 2013 at 4:39 pm CST

Oats bids in Western Canada are holding steady despite tightening stocks, as supply and demand have reached an equilibrium for the time being. If prices don’t see some improvement relative to other cropping options, a decline in acres is seen as likely in 2013. Basis levels for oats in Western […]

By Phil Franz-Warkentin

Canada’s tightening canola stocks confirmed

Feb. 5, 2013 at 12:10 pm CST

Confirmation of Canada’s tightening canola supplies came from Statistics Canada in its updated stocks report released Tuesday. With supplies as of Dec. 31, 2012 over two million tonnes tighter than they were at the same point the previous year, demand will need to be rationed going forward, which should keep […]

By Phil Franz-Warkentin