Insights and Stories of Phil Franz-Warkentin

Palm oil 101: Sought-after crop holds sway over oilseed trade

Dec. 31, 2019 at 2:25 am CST

MarketsFarm — Palm oil may be grown halfway around the world in conditions much different than on the Canadian Prairies, but the outsized influence of the crop on world oilseed markets makes it an important factor to watch when considering canola prices. Indonesia and Malaysia are the world’s largest producers […]

Prairie cash wheat: Rising futures underpin bids

Dec. 20, 2019 at 7:26 pm CST

By Phil Franz-Warkentin

AAFC lowers canola ending stocks forecast

Dec. 20, 2019 at 9:30 am CST

By Phil Franz-Warkentin

Feed weekly outlook: Prairie market stable heading into New Year

Dec. 19, 2019 at 11:52 pm CST

By Phil Franz-Warkentin

Confluence of bullish news sends wheat futures higher

Dec. 16, 2019 at 7:05 pm CST

By Phil Franz-Warkentin

Prairie cash wheat: Mid-December bids mixed

Dec. 13, 2019 at 8:25 pm CST

MarketsFarm — Hard red spring wheat bids in Western Canada were mixed during the week ended Thursday, with small gains in some areas and small losses in others as the market adjusted in a narrow range. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down […]

By Phil Franz-Warkentin

Visible canola supplies largest in three years

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

Pulse weekly outlook: Balance sheet tightening

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

ICE weekly outlook: Canola steady, awaits news

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

Prairie cash wheat: Improved basis underpins bids

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