Insights and Stories of Phil Franz-Warkentin

U.S. export agency sees GM wheat as inevitable

Apr. 4, 2011 at 6:48 pm CDT

It’s only a matter of time before North American farmers are growing genetically engineered wheat along with their soybeans, corn and canola, according to Vince Peterson, vice-president of overseas operations with U.S. Wheat Associates. Speaking at the Canada Grains Council annual meeting Monday in Winnipeg, he estimated genetically engineered wheat […]

Attention in ICE canola turns to weather

Mar. 30, 2011 at 6:11 pm CDT

By Phil Franz-Warkentin

Soft ocean freight rates benefit grain exports

Mar. 24, 2011 at 1:28 pm CDT

By Phil Franz-Warkentin

Higher oats bids needed to bring in acres

Mar. 17, 2011 at 5:45 pm CDT

By Phil Franz-Warkentin

Corn, soy markets seen focusing soon on new-crop issues

Mar. 17, 2011 at 12:11 am CDT

By Phil Franz-Warkentin

Japanese disaster stalls Canadian canola business

Mar. 14, 2011 at 8:03 pm CDT

Routine Canadian canola exports to Japan will likely be disrupted in the aftermath of the massive earthquake and tsunami that hit Japan March 11, according to market participants. With the potential for a nuclear meltdown now dominating the headlines the export situation to the country remains uncertain, but traders generally […]

By Phil Franz-Warkentin

Yellow pea bids edging lower

Mar. 3, 2011 at 7:10 pm CST

Yellow pea bids in Western Canada have come off their highs over the past two weeks, as demand backs away at the stronger levels and major export customer India moves forward harvesting its own pulse crop. “Yellow pea bids from the line elevators have dropped by 75 to 80 cents […]

By Phil Franz-Warkentin

Japan taking slightly lower-protein Canadian wheat

Feb. 18, 2011 at 11:03 am CST

Japan, a routine buyer of high-protein Canadian wheat, appears to have relaxed its protein requirements slightly in recent weeks in order to allow continued shipments of Canadian wheat. In late January, Canada missed out on Japan’s routine weekly tender due to a lack of available high protein wheat supplies, as […]

By Phil Franz-Warkentin

Canola Cash Bids Drop, But Basis Should Tighten

Feb. 17, 2011 at 5:18 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 market analyst Jon Driedger, of […]

By Phil Franz-Warkentin