Insights and Stories of Phil Franz-Warkentin

May. 15, 2013 at 5:17 pm CDT

ICE Futures Canada canola contracts moved higher during the week ended May 15, with the largest gains in the old-crop July contract as tightening supplies and bullish technicals provided support. The current open interest in the July canola futures, of around 70,000 contracts, represents about 1.4 million tonnes of canola. […]

By Phil Franz-Warkentin

May. 14, 2013 at 5:48 am CDT

Cash bids for Canada Western red spring (CWRS) wheat across Western Canada moved higher during the week ended Monday, as concerns over yield losses for the U.S. winter wheat crop and seeding delays in the northern U.S. and Canada provided support. Average spot bids for 13.5 per cent CWRS across […]

By Phil Franz-Warkentin

May. 9, 2013 at 6:33 pm CDT

Growing North American demand for hummus should benefit Canadian chickpea growers as the Middle Eastern dip finds its way onto more and more grocery shelves. Chickpeas were highlighted in the Wall Street Journal recently in an article titled “Hummus is conquering America,” detailing how health-conscious consumers were driving demand for […]

By Phil Franz-Warkentin

May. 7, 2013 at 8:39 am CDT

Cash bids for Canada Western red spring (CWRS) wheat across Western Canada moved lower during the week ended May 6, as concerns over North American wheat production prospects eased. On May 6, average spot bids for 13.5 per cent CWRS across Manitoba, Saskatchewan and Alberta came in at around C$278 […]

By Phil Franz-Warkentin

May. 3, 2013 at 11:57 am CDT

Stocks of canola, wheat and many other Canadian grains and oilseeds are tighter than they were a year ago in the latest Statistics Canada report showing supplies in all positions as of March 31. The data was generally seen as supportive — but caused no immediate reaction in the markets. […]

By Phil Franz-Warkentin