Insights and Stories of Phil Franz-Warkentin

Jun. 2, 2016 at 5:39 pm CDT

CNS Canada — An explosion in demand for Canadian hemp out of South Korea is welcome news for the industry, but strict regulations may hamper just how much of that demand will be met this year. “The doors have blown off the market in Korea for hemp,” said Kim Shukla, […]

By Phil Franz-Warkentin

May. 27, 2016 at 4:21 pm CDT

CNS Canada — Canola crush margins have improved considerably over the past few weeks, to sit at some of their best levels of the past year. Crush margins provide an indication of the profitability of the product values relative to the seed cost when processing canola, with exchange rates also […]

By Phil Franz-Warkentin

May. 18, 2016 at 6:13 pm CDT

CNS Canada — Canola contracts on the ICE Futures Canada platform held within a rather narrow range during the week ended Wednesday, but moved higher overall. However, further gains will take an outside catalyst, according to a market analyst. “There’s a very firm tone to the market,” said Errol Anderson […]

By Phil Franz-Warkentin

May. 12, 2016 at 6:11 pm CDT

CNS Canada — Shifting price trends will see Manitoba farmers plant more oilseed sunflowers this year but less of the confectionary varieties, according to industry participants. Manitoba accounts for nearly all of Canada’s sunflower production, with Statistics Canada forecasting planted area in 2016 at 80,000 acres. That would compare with […]

By Phil Franz-Warkentin

May. 10, 2016 at 5:24 pm CDT

CNS Canada –– Both old- and new-crop canola contracts traded on the ICE Futures Canada platform climbed to new highs on Tuesday, with a bullish reaction to U.S. supply/demand data providing the catalyst for the rally. The most active July futures touched a session high of $544.60 per tonne, before […]

By Phil Franz-Warkentin