Insights and Stories of Phil Franz-Warkentin

ICE weekly outlook: Canola bids ‘not too bad’

Mar. 14, 2018 at 8:27 pm CDT

CNS Canada — ICE Futures Canada canola contracts have seen some large price swings over the past two weeks, but the bids in the countryside remain relatively favourable overall, according to an analyst. The May contract hit a nearby high of $530.50 per tonne on March 5 before dropping to […]

Feed weekly outlook: Canada importing more U.S. DDGS

Mar. 8, 2018 at 5:24 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola backing away from resistance

Mar. 7, 2018 at 7:01 pm CST

By Phil Franz-Warkentin

Canola nearing chart resistance

Mar. 5, 2018 at 5:53 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola looking cheap despite gains

Feb. 28, 2018 at 4:04 pm CST

By Phil Franz-Warkentin

Pulse weekly outlook: Chickpeas a bright spot

Feb. 28, 2018 at 2:22 pm CST

CNS Canada — Western Canadian farmers may be set to plant fewer lentil and pea acres this spring, but chickpeas are looking to be one pulse crop that stands out. “Acres are definitely going to increase significantly,” said Colin Young of Midwest Grain at Moose Jaw. He expected to see […]

By Phil Franz-Warkentin

Canola exports slow down in latest weekly report

Feb. 23, 2018 at 2:30 pm CST

CNS Canada — Weekly Canadian canola exports were down during the week ended Sunday, hitting their lowest level since September 2017, according to the latest Canadian Grain Commission data. Canada exported only 129,000 tonnes of canola during the latest reporting period, which compares with the previous five-week average of 194,800 […]

By Phil Franz-Warkentin

CBOT weekly outlook: Soy faces bullish charts, bearish fundamentals

Feb. 21, 2018 at 6:13 pm CST

CNS Canada — Soybean futures at the Chicago Board of Trade posted solid gains over the past month on the back of weather concerns in Argentina. While there’s more room to the upside from a technical standpoint, the fundamentals are starting to become old news. “I think the Argentine story […]

By Phil Franz-Warkentin

Steady sunflower acreage expected

Feb. 21, 2018 at 10:13 am CST

CNS Canada — Manitoba’s sunflower market is holding steady for the time being, with acres likely unchanged on the year despite shifts in the processing sector. PepsiCo last week announced it will shut its Spitz sunflower seed processing plant at Bow Island in southeastern Alberta and shift its production to […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola hits resistance

Feb. 14, 2018 at 5:59 pm CST

CNS Canada — ICE Futures Canada canola contracts moved higher over the past week, but may be running into resistance to the upside. “I’m sensing that canola is at the top end of the range,” said Errol Anderson of ProMarket Communications in Calgary, noting much of the recent strength was […]

By Phil Franz-Warkentin