Insights and Stories of Phil Franz-Warkentin

Apr. 4, 2017 at 5:39 pm CDT

CNS Canada — Craft breweries are a growing subsector of the Canadian beer industry, but the increased variety of local drink options are not necessarily 100 per cent homegrown, as a lack of domestically produced specialty malts forces brewers to look far afield to meet their needs. “We get our […]

By Phil Franz-Warkentin

Mar. 28, 2017 at 5:49 pm CDT

CNS Canada — Ocean freight rates are trending higher, with the Baltic Dry Index (BDI) hitting its highest level of the past two years on Tuesday. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. […]

By Phil Franz-Warkentin

Mar. 23, 2017 at 4:38 pm CDT

CNS Canada — The sharp break lower in Canadian canola futures prices on Thursday caused crush margins to rise to their widest levels since January, as the product values have not fallen to nearly the same extent. Canola Board Crush Margins calculated by ICE Futures Canada were at about $114 […]

By Phil Franz-Warkentin

Mar. 22, 2017 at 7:00 pm CDT

CNS Canada — Soybean and corn contracts at the Chicago Board of Trade find themselves in consolidation mode as traders await the release a pair of key U.S. reports on March 31. The U.S. Department of Agriculture’s first survey-based acreage estimates of the year will be released that day, while […]

By Phil Franz-Warkentin

Mar. 21, 2017 at 6:55 pm CDT

CNS Canada — Tight chickpea supplies will keep Canada from taking advantage of fresh demand out of Turkey, while any acreage increases will also be hampered by poor seed supply. Due to its own domestic chickpea shortage, Turkey recently announced it was temporarily lifting import tariffs on chickpeas. Turkey has […]

By Phil Franz-Warkentin