Insights and Stories of Phil Franz-Warkentin

No end seen for canola uptrend

Nov. 4, 2010 at 10:30 am CDT

(Commodity News Service Canada) — Canola contracts traded on the ICE Futures Canada platform are showing no signs of letting up in their well-established uptrend, and while a profit-taking correction was possible, a market analyst said the path of least resistance still remains pointed higher. Darren Frank of FarmLink Marketing […]

Hemp crop sees good yields

Oct. 22, 2010 at 4:59 pm CDT

By Phil Franz-Warkentin

Canola cash bids likely topping out

Oct. 21, 2010 at 6:43 pm CDT

By Phil Franz-Warkentin

Manitoba corn crop looking good

Oct. 20, 2010 at 11:25 am CDT

By Phil Franz-Warkentin

Man. sunflower harvest showing low yields

Oct. 20, 2010 at 12:25 am CDT

By Phil Franz-Warkentin

Record open interest seen at ICE Futures Canada

Oct. 14, 2010 at 4:20 pm CDT

(Resource News International) — Open interest in the ICE Futures Canada market, including both futures and options for canola and the lightly traded western barley contracts, moved to new record highs over the past week and appears poised to continue to rise. Total open interest in the market reached 211,346 […]

By Phil Franz-Warkentin

Canola exports busy off West Coast

Oct. 7, 2010 at 5:49 pm CDT

(Resource News International) –– A large number of vessels currently loading, or waiting to load, canola at Canada’s West Coast is a sign of the solid demand for the commodity. That’s according to an export official who expected the pace would remain strong, but said a current backlog at the […]

By Phil Franz-Warkentin

Long Prairie harvest window forecast

Oct. 4, 2010 at 5:16 pm CDT

(Resource News International) — The harvest window for western Canadian farmers bringing in the last of this year’s crops will remain open until at least mid-October and possibly longer according to meteorologist Drew Lerner, president of World Weather Inc. in Kansas City. “I think we’ll be able to get through […]

By Phil Franz-Warkentin

Large oat supplies in storage may limit prices

Oct. 1, 2010 at 10:31 am CDT

(Resource News International) — Large supplies of oats held in storage in the U.S. may limit the upside in the market, despite the quality concerns with Canada’s crop this year. The recent high prices were also causing end-users to ration some of their demand, and that demand may take awhile […]

By Phil Franz-Warkentin

Harvest pressure to weigh on canola

Sep. 29, 2010 at 11:11 pm CDT

(Resource News International) — Canola contracts traded on ICE Futures Canada hit their highest levels in over a year during the past week, but have started to fall off those highs and could be expected to see some further weakness in the near future, as the western Canadian harvest finally […]

By Phil Franz-Warkentin