Insights and Stories of Phil Franz-Warkentin

Canola crush margins climbing

Dec. 20, 2010 at 5:02 pm CST

(Commodity News Service Canada) — Canola crush margins continue to rise, keeping the domestic processors as active buyers in the market. The canola crush board margin, as quoted by ICE Futures Canada, was sitting at about $104 per tonne above the nearby January futures as of Monday, up by over […]

Algerian durum tariffs limit Canadian sales: CWB

Dec. 17, 2010 at 4:30 pm CST

By Phil Franz-Warkentin

Feed pea bids looking strong nearby

Dec. 16, 2010 at 11:45 am CST

By Phil Franz-Warkentin

Rye bids jump following other grains

Dec. 14, 2010 at 6:23 pm CST

By Phil Franz-Warkentin

Canola export pace to stay strong going forward

Dec. 13, 2010 at 7:32 pm CST

By Phil Franz-Warkentin

Larger canola crop provides cushion, demand still strong

Dec. 3, 2010 at 12:27 pm CST

(Commodity News Service Canada) — Canada’s 2010/11 canola crop will come in well above trade expectations, according to official production estimates released Friday by Statistics Canada. However, strong demand is expected to keep values well supported. Barley production, meanwhile, was much smaller than traders had expected, while wheat was revised […]

By Phil Franz-Warkentin

Canada still waiting on biodiesel mandate

Nov. 24, 2010 at 4:22 pm CST

(Commodity News Service Canada) — Canola growers and potential biodiesel producers in Western Canada are still waiting on an official start date for the country’s federal two per cent biodiesel mandate, as the comparable five per cent mandate for renewable fuel in Canada’s gasoline supply is set to go into […]

By Phil Franz-Warkentin

Funds liquidating large canola long positions

Nov. 23, 2010 at 3:45 pm CST

(Commodity News Service Canada) — Commodity and index fund traders holding large long positions in canola are in the process liquidating some of those positions and taking profits. However, traders were uncertain just how much more liquidating there was to go. At the recent height of the canola market the […]

By Phil Franz-Warkentin

Feed barley bids firming up in Western Canada

Nov. 22, 2010 at 7:59 pm CST

(Commodity News Service Canada) — Barley bids in Western Canada have strengthened recently and should continue to see some more upside between now and Christmas, as the selling pressure backs away but the seasonal demand picks up. Jim Beusekom of Market Place Commodities at Lethbridge, Alta. said bids were starting […]

By Phil Franz-Warkentin

Declining canola crush margins still strong overall

Nov. 19, 2010 at 4:18 pm CST

(Commodity News Service Canada) — Canola crush margins have bounced around a lot over the past few weeks, but are well off their recent highs as sharp declines in the product values have cut into the margins. Chicago Board of Trade (CBOT) soybeans “go up and down, and we don’t […]

By Phil Franz-Warkentin