Insights and Stories of Phil Franz-Warkentin

Sep. 8, 2011 at 5:02 pm CDT

Prairie farmers holding onto incredibly large lentil stocks, in hopes of seeing higher prices down the road, may need to keep holding onto those supplies for the foreseeable future or sell at lower levels, as end-users are reluctant to pay up in the current market. Canadian lentil stocks as of […]

By Phil Franz-Warkentin

Sep. 2, 2011 at 4:01 pm CDT

Ending stocks of Canada’s major grains and oilseeds were generally thought to be tight at the close of the 2010-11 crop year, but market participants are waiting on Statistics Canada’s Sept. 7 stocks in all positions report to find out the extent of that tightness. “Many of the (grains and […]

By Phil Franz-Warkentin

Aug. 30, 2011 at 12:47 pm CDT

Canada’s small chickpea supplies can expect to receive solid prices this year, as supply tightness in other countries should lead to an increased demand for what little is available in North America. The Canadian chickpea crop was down sharply on the year, according to the latest Statistics Canada production report […]

By Phil Franz-Warkentin

Aug. 24, 2011 at 4:13 pm CDT

Manitoba soybean crops are in relatively good shape given the hot, dry conditions seen through most of the growing season. However, with temperatures still unseasonably high in the province, fields would benefit from some timely precipitation in the next week. “Crops look pretty good so far, but it’s getting to the […]

By Phil Franz-Warkentin

Aug. 17, 2011 at 2:58 pm CDT

The area seeded to biotech crops in Canada has increased in recent years, reaching roughly eight million hectares (19.8 million acres) in 2011, according to a report from the U.S. Foreign Agricultural Service. That compares with 6.9 million hectares (17 million acres) seeded to biotech crops in 2010. Biotech crops […]

By Phil Franz-Warkentin