Insights and Stories of Phil Franz-Warkentin

Canola cash bids drop, but basis should tighten

Feb. 16, 2011 at 2:59 pm CST

Canola cash prices in Western Canada have fallen in sympathy with the futures market over the past week, but basis levels should tighten in once the futures market re-stabilizes, according to an analyst. “We’ve not really seen basis levels change a whole lot, yet,” said senior market analyst Jon Driedger […]

DDGS imports slowing down

Feb. 15, 2011 at 4:41 pm CST

By Phil Franz-Warkentin

Man. corn acreage hike expected, weather eyed

Feb. 14, 2011 at 4:04 pm CST

By Phil Franz-Warkentin

Sunflowers face stiff competition in Manitoba

Feb. 11, 2011 at 1:36 pm CST

By Phil Franz-Warkentin

Barley bids strengthen for spring delivery

Feb. 10, 2011 at 6:07 pm CST

By Phil Franz-Warkentin

Canada’s cattle herd reduction seen slowing

Feb. 8, 2011 at 6:05 am CST

The ongoing cattle herd liquidation in Canada over the past few years may be starting to slow down, but it will take a number of years before the herd reduction trend turns around and a noticeable increase in the herd size could be expected, according to industry analysts. Brenna Grant, […]

By Phil Franz-Warkentin

ICE canola up Wed. morning on follow-through buying

Feb. 2, 2011 at 12:29 pm CST

ICE Canada canola futures were mostly higher Wednesday morning, seeing some follow-through buying on Tuesday’s firmer close. Calls for a higher start to the North American session for the CBOT soy complex provided some spill-over support for canola, according to traders. Malaysian palm oil was also stronger in overnight trade, […]

By Phil Franz-Warkentin

Durum up amid North African shortage concerns

Jan. 25, 2011 at 5:46 pm CST

(Commodity News Service Canada) –– The recent unrest in North Africa and the Middle East, including political upheaval in Tunisia and mass protests in Egypt, is partially due to surging food costs. The unrest has led to talk of increased demand for grains from the region, as governments work to […]

By Phil Franz-Warkentin

Higher prices ration flaxseed demand

Jan. 6, 2011 at 7:09 pm CST

(Commodity News Service Canada) — High flaxseed bids are causing end users to ration demand, slowing the reduction of Canada’s tightening supplies. Flaxseed bids as high as $15.75 per bushel, FOB farm, can currently be found in Manitoba and Saskatchewan, according to the latest Prairie Ag Hotwire data. Market participants […]

By Phil Franz-Warkentin

Canola cash bids looking strong to start year

Jan. 4, 2011 at 5:59 pm CST

(Commodity News Service Canada) — Canola cash bids are looking strong at the start of 2011 and could remain that way heading into the spring, as demand remains brisk and end-users tighten their basis levels to make sure they get enough supplies. Spot canola bids can currently be found as […]

By Phil Franz-Warkentin