Insights and Stories of Phil Franz-Warkentin

Mar. 5, 2013 at 10:18 am CST

Cash wheat bids across Western Canada saw some choppiness during the two weeks ended March 4, with spot bids for Canada Western red spring (CWRS) wheat steady to a couple of dollars per tonne lower in most areas, but up a few dollars in others. Basis levels did generally improve, […]

By Phil Franz-Warkentin

Mar. 1, 2013 at 5:40 pm CST

Spring wheat futures at the Minneapolis Grain Exchange (MGEX) posted steady declines over the past month, but have found some support as farmer selling backs away and basis levels improve, said a spring wheat broker who expected prices to rise in the short term. Demand for hard spring wheat has […]

By Phil Franz-Warkentin

Feb. 27, 2013 at 7:28 pm CST

ICE Futures Canada canola contracts moved lower during the week ended Feb. 27, retreating from nearby highs as losses in Chicago soybeans spilled over to weigh on values. However, canola did run into nearby support and remains range-bound overall, according to an analyst. Canola has been stuck in a broad […]

By Phil Franz-Warkentin

Feb. 26, 2013 at 5:53 pm CST

Canada’s barley growers should be able to see a small window of pricing opportunity at harvest when new-crop production is available and the U.S. corn crop is still in the field. Charlie Pearson, a crops market analyst with Alberta Agriculture and Rural Development in Edmonton, noted that harvest window when […]

By Phil Franz-Warkentin

Feb. 26, 2013 at 5:39 pm CST

It’s expected more and more malt barley in Western Canada will be grown solely on a contracted basis going forward, as increasing competition from easier to grow genetically modified crops will cause producers to turn away from malt barley. That’s according to Patrick Rowan, senior manager of Canadian barley operations […]

By Phil Franz-Warkentin