Insights and Stories of Phil Franz-Warkentin

Dec. 13, 2019 at 7:49 pm CST

MarketsFarm — Solid farmer deliveries into the commercial pipeline saw visible Canadian canola supplies hit their highest level in three years, according to the latest Canadian Grain Commission (CGC) data for the week ended Sunday. Total visible supplies of the oilseed came in at 1.584 million tonnes, which was the […]

By Phil Franz-Warkentin

Dec. 9, 2019 at 2:37 pm CST

MarketsFarm — Canadian pea and lentil production failed to live up to earlier projections, according to the latest survey data from Statistics Canada. While both crops are still forecast to be above their year-ago levels, the tightening supply expectations should underpin prices. Canada’s 2019-20 lentil crop was pegged at 2.17 […]

By Phil Franz-Warkentin

Dec. 4, 2019 at 5:45 pm CST

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain rangebound overall awaiting some fresh market-moving news. Some direction could come from the U.S. soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 […]

By Phil Franz-Warkentin

Nov. 29, 2019 at 7:11 pm CST

MarketsFarm — Wheat bids in Western Canada were mostly higher during the week ended Thursday, as basis levels improved in most locations. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed during the week, with a steady to softer tone in Manitoba while Saskatchewan and […]

By Phil Franz-Warkentin

Nov. 28, 2019 at 3:28 pm CST

MarketsFarm — Logistics issues moving grain where it needs to be in Western Canada continue to prop up feed prices, but the market is starting to level off, according to a broker. “We are seeing a bit of a shortage of trucks,” said Tracy Green of Market Master Ltd. in […]

By Phil Franz-Warkentin