Insights and Stories of Phil Franz-Warkentin

Canola technicals turn bearish

Jun. 7, 2018 at 6:58 pm CDT

CNS Canada — ICE Futures Canada canola contracts settled at their weakest levels in nearly three months on Thursday, with more room to the downside as the technical bias has shifted lower. After hitting contract highs within the past two weeks, the canola market has found itself in a steady […]

Mustard looking to rebound, if weather co-operates

Jun. 5, 2018 at 7:56 pm CDT

By Phil Franz-Warkentin

Feed weekly outlook: Feed grains slip, but still solid overall

Jun. 1, 2018 at 10:20 am CDT

By Phil Franz-Warkentin

ICE weekly outlook: Seasonals to weigh on canola

May. 30, 2018 at 4:35 pm CDT

By Phil Franz-Warkentin

Visible Canadian canola supplies tighten

May. 25, 2018 at 9:26 pm CDT

By Phil Franz-Warkentin

Pulse weekly outlook: Large U.S. crop possible, despite reduced acres

May. 23, 2018 at 5:44 pm CDT

CNS Canada — Farmers in the U.S. may have planted fewer pulse acres in 2018 compared to the previous year — but the reduction was likely not as large as forecast by the U.S. Department of Agriculture. A return to average yields would also still result in big supplies overall, […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola still stuck in neutral

May. 16, 2018 at 7:55 pm CDT

CNS Canada — The ICE Futures Canada canola market held rangebound during the week ended Wednesday, hitting some of its best levels of the past month before retreating to hold within a well-established trading range. “We’ve been in a $50 range in canola going back quite a few years,” said […]

By Phil Franz-Warkentin

Canola stocks comfortable, eyes on new crop

May. 11, 2018 at 2:27 pm CDT

CNS Canada — Canadian canola stocks are rather large heading into the new growing season, but attention now is firmly on new-crop production. Statistics Canada on Friday pegged canola supplies in the country as of March 31 at 9.1 million tonnes, the second-largest on record for that time of year […]

By Phil Franz-Warkentin

U.S. wheat stocks bigger than expected, trade watching weather

May. 10, 2018 at 6:17 pm CDT

CNS Canada — A larger-than-expected wheat ending stocks forecast from the U.S. Department of Agriculture weighed on the country’s wheat futures Thursday, with attention now squarely on weather conditions. The government agency pegged wheat carryout for the upcoming 2018-19 marketing year at 955 million bushels, about 30 million above average […]

By Phil Franz-Warkentin

Chickpeas seen making Prairie comeback

May. 4, 2018 at 7:31 pm CDT

CNS Canada — Chickpeas should see a resurgence in Western Canada this spring, as farmers who hadn’t seeded the crop for a number of years shift some acres back from other pulses. “We sold a sizeable amount of chickpea planting seed,” said Colin Young of Midwest Grain at Moose Jaw. […]

By Phil Franz-Warkentin