Insights and Stories of Phil Franz-Warkentin

Canola cash bids climb following futures

Jun. 17, 2010 at 4:40 pm CDT

(Resource News International) –– Canola cash bids in Western Canada have climbed higher in sympathy with the rallying futures over the past week, although basis levels have widened slightly. “For the most part, cash prices seem to be following canola futures higher,” said Toby Torkelson, general manager of RayGlen Commodities […]

Mustard bids could be due for move higher

Jun. 16, 2010 at 3:26 pm CDT

By Phil Franz-Warkentin

Canola crush margins deteriorate, crushers patient

Jun. 15, 2010 at 4:24 pm CDT

By Phil Franz-Warkentin

Oats bids climb on weather; correction possible

Jun. 14, 2010 at 6:18 pm CDT

By Phil Franz-Warkentin

Many canola acres unseeded; question is how many

Jun. 9, 2010 at 11:17 am CDT

By Phil Franz-Warkentin

Reseeding likely for some Man. soybeans

Jun. 4, 2010 at 4:19 pm CDT

(Resource News International) –– Manitoba soybean fields hit hard by recent rains will likely need some reseeding, but the true extent of any damage won’t be known for another week to 10 days. “There will be isolated pockets where reseeding will be needed for soybeans,” said a Manitoba soybean merchant. […]

By Phil Franz-Warkentin

Most, not all, Man. corn crops OK after rain

Jun. 3, 2010 at 3:35 pm CDT

(Resource News International) — The major corn growing regions of Manitoba were hit by heavy rains over the past week, causing flooding and likely damaging some of the crops. A corn buyer in the province said while there will be some drowned-out spots, most of the corn was likely still […]

By Phil Franz-Warkentin

Weather issues could boost canola basis levels

Jun. 2, 2010 at 2:57 am CDT

(Resource News International) — Weather problems causing seeding delays to the western Canadian canola crop will likely result in better basis levels for those producers with canola to sell, especially as the futures remain stuck in a flat range and could be headed lower, according to a market analyst. Errol […]

By Phil Franz-Warkentin

Funds begin rolling out of nearby July canola

May. 28, 2010 at 1:19 pm CDT

(Resource News International) — Traditional commodity funds are holding large short positions in canola, while speculative index funds remain long the market. The funds were actively rolling those positions out of the nearby July contract and into the November futures Friday, and traders expected fund rolling to remain a feature […]

By Phil Franz-Warkentin

Peas face conflicting market influences

May. 27, 2010 at 9:38 pm CDT

(Resource News International) — The market for both edible and feed peas is fairly quiet in Western Canada right now, as producers remain focused on finishing up the last of this year’s seeding. The spread between old- and new-crop edible peas has narrowed in earlier than normal, meaning that some […]

By Phil Franz-Warkentin