Insights and Stories of Phil Franz-Warkentin

Jun. 26, 2018 at 6:34 pm CDT

CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon […]

By Phil Franz-Warkentin

Jun. 20, 2018 at 4:06 am CDT

CNS Canada — Canola crush margins have deteriorated over the past few months to hit some of their weakest levels of the past two years. However, domestic processors continue to show good demand despite their declining profit margins. As of Monday, the Canola Board Crush Margin calculated by ICE Futures […]

By Phil Franz-Warkentin

Jun. 13, 2018 at 6:31 pm CDT

CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in more than three months during the week ended Wednesday, but could still have more room to the downside given the general sense of global trade uncertainty. “Every commodity trader in North America or globally is scared […]

By Phil Franz-Warkentin

Jun. 12, 2018 at 6:43 pm CDT

CNS Canada — Manitoba’s edible bean crops are generally in good shape, although too much moisture could become a concern. Canadian farmers intended to plant 246,000 acres of edible beans in 2018, which would be down slightly from 333,000 the previous year, according to Statistics Canada data. Of that total, […]

By Phil Franz-Warkentin

Jun. 8, 2018 at 8:24 pm CDT

CNS Canada — Canadian oat crops are in reasonably good shape following recent rains, though prices may find themselves under pressure as end-users are well covered for the time being. Farmers planned on seeding about 3.15 million acres of oats in the country in 2018, down only slightly from the […]

By Phil Franz-Warkentin